Every leader will inevitably encounter failures along the way. These setbacks can be tough to navigate, but by learning from them, you can become a stronger and more resilient leader.
Here are the top three failures that every leader will likely experience at some point:
Bad Hiring: Even if you have an intensive process in place for vetting potential hires, there’s always a chance that someone may not live up to your expectations. No matter how good you think you are at judging a person’s potential, you will likely make a bad hire at some point. It’s important to learn from this failure and adjust your hiring process as needed to ensure that you are bringing on the best possible candidates for your team.
Dealing Badly with People: As a leader, you will have to manage and work with a diverse group of people. This can be challenging, and it’s easy to make mistakes when it comes to handling conflicts or difficult personalities. It’s important to remember that everyone makes mistakes, and it’s up to you as a leader to learn from them and do better in the future.
Unrealistic expectations: All leaders have expectations, but sometimes those expectations are just unworkable or impractical. To avoid setting goals that are unrealistic, consider reviewing industry standards and past productivity levels, scheduling regular conversations to discuss workload, and providing professional development resources and mentorship to improve efficiency. By setting realistic goals you can avoid this common failure.
Leadership failures are inevitable, but how a leader navigates these failures is crucial. Every time a leader is able to bounce back from a failure, it presents an opportunity to learn and plan for a more effective response in the future.
Lead From Within: Those who are open to acknowledging and learning from their failures often have more success in the long run.
#1 N A T I O N A L B E S T S E L L E R
The Leadership Gap
What Gets Between You and Your Greatness
After decades of coaching powerful executives around the world, Lolly Daskal has observed that leaders rise to their positions relying on a specific set of values and traits. But in time, every executive reaches a point when their performance suffers and failure persists. Very few understand why or how to prevent it.
Additional Reading you might enjoy:
- 12 Successful Leadership Principles That Never Grow Old
- A Leadership Manifesto: A Guide To Greatness
- How to Succeed as A New Leader
- 12 of The Most Common Lies Leaders Tell Themselves
- 4 Proven Reasons Why Intuitive Leaders Make Great Leaders
- The One Quality Every Leader Needs To Succeed
- The Deception Trap of Leadership
Of Lolly’s many awards and accolades, Lolly was designated a Top-50 Leadership and Management Expert by Inc. magazine. Huffington Post honored Lolly with the title of The Most Inspiring Woman in the World. Her writing has appeared in HBR, Inc.com, Fast Company (Ask The Expert), Huffington Post, and Psychology Today, and others. Her newest book, The Leadership Gap: What Gets Between You and Your Greatness has become a national bestseller.