Become an executive or manager clearly not an easy task. Hey in the hands of the company's future lies with all stakeholders. That is why you should not be too careful when bersengan believed to be the CEO, director or manager. A-one you actually make the company stumbled, went bankrupt, lost, eliminating jobs for the employees, and so on. Your reputation will be tarnished as a professional matter.
The study by the Research Team Tuck School of Business, Dartmouth (led by Sydney Finkelstein), to business failures in a number of developed countries shows how the failure of the company is determined more by the poor quality of personal leadership. Unfortunately, these personal qualities associated with admirable personal qualities of the leaders themselves. Integration is the most destructive people who have extraordinary intellect and talent. They always look nice, showing personal appeal, and inspire others. Pictures of their faces often adorned business magazine Forbes kind of world class, Fortune, Business Week, and so forth.
From the search for a list of companies that failed executives, ranging from Rubbermaid company to Enron, Wang Labs, Sony, and Samsung, the research team managed to formulate seven executives who fail the character. This character must be a record by a whole range of companies, from managers to CEOs.
Character 1 They see themselves and their companies dominate their environment.
An executive should have a great ambition and a successful proactive separately, but the basis of his action must be based on the philosophy of right. Successful proactive leaders because they realize that they do not dominate the environment. They know, however successful in the past, they still faced with a constantly changing environment. They must continue to launch new initiatives because they are not able to ensure everything happens as expected. Integration planning must be constantly adjusted and reviewed.
Leaders who see themselves and the company dominated environment they forget this. They really confident with their ability to control what will happen and ignore the role of chance to their success. They think are able to dictate their will on the environment. They feel that the success of themselves and their companies because they make it happen.
Character 2 There is no character limit between personal interests with the interests of the company.
Executive Performance Management capabilities in detail to identify interests may cause them to make decisions that are not wise. In addition to treating the company as something to protect their exaggerated, the CEOs who identified company interest too much can treat the company as an extension of themselves. They lead the company to do something that makes sense for him, but not necessarily make sense for the company. They seemed to be acting as the owner has the right and do anything with the name of good company. And, in fact more to his personal interests.
Such executives have the mentality to take advantage of the company in order to realize his personal ambition, though it is not the best way to make a profit. Samsung CEO Lee Kun-Hee decided to enter the automotive business more because he liked the car. Saatchi brothers continued to enlarge his company, regardless of whether it is profitable, but more due to the expansion of personal ego.
Character 3 They think nature has all the answers
It was hard not to be impressed with the detailed business leaders who know everything that is important. They are easy to make complicated situation into something that makes sense. Beyond all that, they were able to make decisions in excess of any situation.
Naturally, if later, the media and public admire them. They are executives who are able to take dozens of decisions in one minute, transmit orders that have a major impact for the company, able to face the crisis many times, and able to digest the situation in the second one is for others it took several days to do it. At a higher level within the company, they have great prototype and executives need to emulate. They are considered ideal figure who always has a lot of answers to all problems, and able to give an answer as soon as the question was asked.
What happened to the picture of such an executive is actually a fraud. Under conditions of a changing world of business with only innovation go to fast and really held constant, no one has an answer for a long period. Leaders who always make a quick decision not to deepening the opportunity to perform. It is very voom, because they already have the answers, without ever being studied separately find new answers. Their instinct, something that is often very important, always encourage rapid inference, does not allow a period of uncertainty, when uncertainty is something that is really what it is.
People around the CEO is sometimes encourage the habit of rapid decision-making. They want to leaders who always have an answer. In fact, this sort of thing would plunge the company into trouble.
Character 4 Those with coarse nature of changing the people who are not 100% support.
CEO with a great vision to believe that the major part of his job is to instill confidence in the vision that the whole range of companies, invites everyone to work together to realize the vision. If a manager does not show full support, the CEO will feel neglected vision. In turn, the CEO will ask the manager to support the plan or go. This character is shown by Roger Smith at GM, Jill Barad at Mattel, Bill Farley at Fruit of the Loom, Wolfgang Smith at Rubbermaid, and others.
Surely this kind of CEO action is unnecessary and destructive. CEOs do not need everyone in the company confirmed it what it conveys. Differences can actually enhance your vision so that they can overcome problems when problems arose later.
Character 5 Being a company spokesman, obsessed with the image of the company
Leader in this category is a high profile executive, wants to always be in front of the public. They spend a lot of time by giving public speeches, appeared on TV, interviewed by reporters, build incredible charisma. They are brilliant inspire confidence in the public, employees, potential job seekers, and its main investors.