There are many reason which can result in the fall of a company. I work for a mobile company and the best example I can give is of Nokia; the fall of Nokia was “APP STORE”. Coming back to the topic, let’s begin.
Two in five CEOs fail within their first 18 months of leading an organisation, according to a study published in Harvard Business Review. One-third of chief executives from Fortune 500 companies don’t make it past three years.
Achieving goals requires your teams’ support and commitment. If your team is not on board, this means you don’t have the leadership quality.
Here are four of the most important points that can cast you in a negative light and turn off your employees:
1. The MARIONETTE Trap
The challenge for any leader is working within the pre-defined parameters, yet being able to apply his own talents to achieve the results. Many leaders in hope of securing their position and privileges get themselves trapped into this. They just follow the orders and never stand up for their team not question the policies. The sad part is your employees are listening and seeing everything and are murmuring behind your back. If you need to be continuously directed, you are indeed a puppet.
I know of many boards who only hire managers that they can control. If your only concern is to impress the top management you’ll be surely losing your employees. There must be a balance. In the end no one will take you seriously, neither the board nor the employees you have ignored.
“Clients do not come first. Employees come first. If you take care of your employees, they will take care of the clients.” – Richard Branson
2. The KING-KONG Trap:
Some leaders when they reach to the top immediately forget where they came from. Good leaders do not make their staff feel inferior. Being on the top doesn’t makes you the best leader, infact it depends upon how you mix and mingle with your subordinates. RESPECT is a MUST. Show respect, not just for your employees, but all those you come in contact with, inclusive of the security guard, driver, janitor, office boy, etc. Your in-house reputation will quickly spread.
“You don’t build a business. You build people, and people build the business.” – Zig Ziglar
3. The SUPERMAN Trap:
They think the organisation revolves around them and start behaving like they are the owners of the company. This includes making all the decisions solo, ignoring feedback and taking the credit. By letting your EGO get ahead of you and thinking you know it all is indeed a path to FAILURE. Be generous with REWARDS and RECOGNITION and be THANKFUL to your subordinates; you are what you are because of them. Use collaborative skills to arrive at solutions, admit to what you don’t know; there is no shame at it. Showing some vulnerabilities allows you to strengthen relationship with your team and build relationship more easily.
4. The TASKMASTER Trap:
Micromanaging and breathing down someone’s neck all the time can be very disheartening. Sometimes it is better to step back and let your employees to do their work. Are results your only motivator? Are your employees machines? Continuously drilling your employees will make things worst. If you ignore the win of your team and only concentrate on their failures then one day you too will fail and there will be no one to back you. Always try to inspire your team, build more personal connection with your team, so that you can know where the problem is. Motivate them and you shall be a successful leader and a personal brand in yourself.