Wednesday, June 16, 2010

5 Malevolent Executive Failed

An executive or manager was clearly not an easy job. In their hands of the company's future lies with its stakeholders. That's why, you do not be too having caution when appointed as CEO, director or even a manager. One-one you actually make the company stumbled, went bankrupt, lost, eliminating jobs for employees, and so on. Your reputation as a professional would ever tarnished.

  • Results of research by the Research Team Tuck School of Business, Dartmouth (under Sydney Finkelstein), against employed several business failures in a number of developed countries shows how the failure of the company is determined more by the poor quality of
    the leader personally. Fuss, these personal qualities associated with admirable personal qualities of leaders themselves. Automation is the most destructive people who have extraordinary intelligence and talents. They always appear attractive, displaying the personal charm, and inspire others. Photos often decorate their faces magazines world-class business types Forbes, 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, this research team succeeded in formulating the seven executives who fail the character. This character must be a record company at all levels, from managers to CEOs.

    Nature 1. They see themselves and their organizations to dominate their environment.

    An executive must have big ambitions and act proactively for success, but the basis of this action must be based on the philosophy of the right. Successful leaders act proactively because they realize that they do not dominate the environment. They know, however the success in the past, they are still faced with a changing environment. They must continue to introduce new initiatives because they are unable to ensure everything happens according to expectations. Integration planning must be constantly adjusted and reviewed.

    Leaders who see themselves and the environment dominate their companies forget this. They really confident with their ability to control what will happen and ignore the role of chance and condition against their success. They think they will be able to dictate to the environment. They felt that the success of themselves and their companies because they make it happen.

    Nature 2. There was no line between personal interests with corporate interests.

    Executive ability Management to identification interests in detail could cause them to take decisions that are not wise. In addition to treating the company as something they need to protect and exaggerated, CEOs who identified company interested too much could 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 act as the owner of the company and the right to do anything with the name of good of the company. Though, actually more for their own interests.
    These executives have the mentality to take advantage of the company in order to bring own ambition, although it was not the best way to make a profit. Samsung CEO Kun-Hee Lee decided to enter the automotive business more because he liked the car. Saatchi brothers continued to expand his company, regardless of whether it produces income, but more due to the expansion of personal ego.

    Nature 3. They think has all the answers

    It's hard not to be impressed with detailed business leaders who know everything that is important. They are very easy make the complicated situation into something that makes sense. Beyond all that, they were given the advantage to make good decisions in any situation.

    Fair if later, the mass media and the public to admire them. They are executives who can take dozens of decisions in one minute, gave orders that have a major impact for the company, could face a crisis many times, and is able to digest the situation in one second that for others it took several days to do it. At higher levels within the company, they are executive prototype is superb and should be followed. They are considered an 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 happens to the executive overview of this kind is actually a scam. In the world of business conditions are constantly changing with innovation and only really take place constantly, nobody has an answer for long periods. Leaders who are always making quick decisions do not make the opportunity for deepening. This is very bad, because they already have the answers, without ever learning to find new answers. Their instincts, something that is often very important, always encourage rapid inference, does not allow the period of uncertainty, including uncertainty as it was something that really what it is.

    People around the CEO is sometimes encourage the habit of making quick decisions this. They want to follow leader who always had an answer. In fact, this sort of thing actually plunged the company into trouble.

    Nature 4. They rudely replace those who are not 100% supportive.

    CEO with a great vision to believe that the main part of his job is to instill confidence in that vision to the whole company, invites everyone to work together realizing that vision. If a manager does not show full support, the CEO will feel his vision ignored. In turn, the CEO will ask the manager to support the plan or leave. This is the character 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 just confirmed what he had to say. The differences can actually improve the vision that they were able to overcome problems when they arise in the future.

    Nature 5. Being a malevolent company spokesman, obsessed with the company image

    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, appearing on TV, interviewed by reporters, build incredible charisma. They were brilliant inspire confidence in the public, employees, potential job seekers, and its main investors.

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