Why Do Most People Fail in leadership?
Why Do Most People Fail in leadership?
While companies pay due attention to hire the best talents at all levels, the guidance of the right leaders helps them succeed. Despite realizing the importance of good leadership in an organization, companies are facing a leadership deficit. This clearly indicates that the focus needs to be shifted from hiring managers to hiring leaders. It is because of this that there is a growing demand for executive leadership programs that aim at nurturing the skills of leadership in aspiring candidates.
It is proven that able leadership management can bring a transformational change in the organization. It is also true that sustaining the leadership role for long is quite challenging, and most people fail in leadership due to various reasons like reluctance to adapt, don't understand self, become invisible, love to rule, and most importantly incompetence.
The ECE's 2020 “Global Business Ethics Survey” (GBES) released in August 2020 by the Ethics & Compliance Initiative indicates:
· Weak leadership leads to more employees violating company rules, policies, and regulations.
· The increasing employee pressure to bend the rules in workplaces results in increasing misconduct.
· 22% of 18,000 employees who were surveyed globally mentioned about the pressure to bend the rules.
· ‘Weak top leadership equals weak commitment to values’, and this results in pressure.
· Increased incidences of change results in greater incidences of misconduct.
Source: www.complianceweek.com
Source: www.complianceweek.com
Factors That Impact Leadership
Lack of knowledge – One of the key reasons for leadership failure is the lack of knowledge. Often it has been seen that in an organisation, people rise to the leadership role, but when it comes to the implementation of knowledge, they fail. Hence, learning about the key management concepts, change management, HR functionalities, financials, the latest industry trends and more is required to succeed as a leader. Considering, massive competition in the market in most sectors, knowledge is the foremost weapon or tool that every leader must have. Those who don’t have the right expertise fail as it impacts every sphere.
Becoming more of a manager and less of a leader – There is a thin line of difference between a manager and a leader. While both work towards achieving the organisational goals, the manager often misses compassion and empathy towards the team while focusing on deadlines alone. Leaders, on the other hand, take the entire team along with them and give due recognition and credit to the managers and team. To meet the targets and deadlines, sometimes even good leaders blur the line and start solely focussing on achieving the targets. This often creates distrust in the team and the leader, which starts reflecting in the functioning of the organisation.
Lack of versatile skills – Some people are born leaders. But leadership skills can also be inculcated with the help of right guidance and mentorship. Different types of leadership skills are needed in different situations, and those who lack versatility in skills don’t continue for long. These skills include behavioural traits and industry-oriented know-how and skills like compassion, authority, confidence, negotiation skills, decision-making, marketing, and staying updated, among others. Executive leadership programmes like IIM Calcutta’s LEAD can instil these skills and help cover the “blind spots”, if any, so that one can lead in varying situations.
Overconfidence & Arrogance – Being confident is good, but over-confidence and arrogance indeed result in wrong decisions and reduce popularity among employees and clients alike. Most often, when the organisation is going through a good phase, the leaders like to take the credit and become overconfident and arrogant. This is a common scenario and the major reason why most people fail as leaders. So staying grounded and keeping oneself in check is of prime importance. This is where the Self-management module of the LEAD programme helps.
Source: www.inside.6q.io
How to Overcome Leadership Pitfalls?
Even leaders are humans, and they can make mistakes. But if one is prepared to lead, such mistakes can be minimized. Choosing the right executive leadership program is the best way to develop your leadership skills. It is because of the growing importance of leadership that we are witnessing a surge in executive leadership programs focusing on creating business leaders. However, one must choose wisely.
IIM Calcutta’s LEAD is one such leadership management program that aims at leadership development. This program has been curated as per industry standards catering to the leadership scarcity.
This IIM Leadership Programme focuses on realistic problems faced by the leaders and their solutions. Thus, pursuing IIM Calcutta’s LEAD Programme is going to help you brush up the concepts of management along with situational leadership skills.
Since most of the organizations are now eyeing individuals who can display outstanding leadership qualities along with superior management skills, the LEAD leadership and management certificate program can turn out to be the best choice. It helps one learn both theoretical and practical aspects along with situational leadership. It is a holistic leadership program that nurtures the business leaders of tomorrow and prepares you for the future.
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