Failure of leadership is a serious financial risk and prestige for organizations but can be prevented with the help of early adoption and better support systems.
It is often difficult to understand why a leader with a record of success may suddenly and unexpectedly fail to live up to expectations. This seemingly unexpected and unpredictable approach to leadership failure - what we call the reduction of leadership - can be a worrying consequence of the performance of sensible and regulatory organizations.
Even before the epidemic broke out, the expected leadership failure was a widespread problem in organizations, with an estimated 50% of leaders failing (meaning that half of the initial winners would eventually be fired). Failure of leadership creates significant financial risks for organizations, due to the cost of hiring, electing, boarding, and training incumbent leaders - costs that can add up to three times the official's salary, in some cases. Failure of leadership can also have negative spillover effects on the production of other members of the organization, as well as the company's reputation and reputation. This is especially true when leaders were successful early and were expected to continue to perform at a high level.
Aside from the significant losses organizations experience when a leader goes astray, we know a little bit about why this happened. Worse, little we know is based on limited evidence that often indicates corruption in the leader's personality and performance. However, these factors do not account for all cases of unexpected leadership failure. In particular, given the growing number of deposed leaders - especially women - during the epidemic, it seems that a change in circumstances could better explain why leaders fail.
Our research provides an expanded perspective on leadership failure, giving organizations and their members possible reasons why a leader might pay attention and, most importantly, how to prevent this initial disruption.
The Problem With Blaming the Personality of a Leader
A fair amount of previous research has found that leaders who are at risk of retrenchment - or who have already been reduced - have personality flaws or misbehave in leadership. This past activity identifies deeply ingrained personality traits that can cause failure. Such traits include contentiousness, arrogance, excessive thinking, anger, and lack of confidence. Other factors associated with the demolition of a leader include a lack of self-awareness and honesty, as well as a desire for conflict and solitude.