How Can Leadership Negatively Affect the Success of a Company (Essay Sample)
This essay seeks to examine the impact of leadership in influencing a company's success negatively.
The essay looks at the role of leadership in shaping a company's vision, as a source of motivation and leadership as a steering entity in providing communication. It also outlines the impact of poor leadership and the lasting effect it has on the comany's success.
How Can Leadership Negatively Affect the Success of a Company?
How Can Leadership Negatively Affect the Success of a Company?
A company can grow or decline because of the leadership strategy used to govern and steer the company. Leaders have the ability to create an environment conducive for success to be achievable. However, if leadership is not strategic, goal oriented or a source of motivation, the company can be on the verge of failing.
Leadership provides a vision and roadmap for success. A leader defines the organization's purpose, connects the staff around a common objective, and aids in defining future success CITATION Mic10 \l 1033 (Germano, 2010 ). Without a vision, it will be difficult to create short-term and long-term goals that will keep a company succeeding CITATION Jam18 \l 1033 (Anwar, 2018). Leadership that does not set a clear vision, a proper roadmap or sense of direction negatively affects the success of a company.
Leadership is the source of motivation and morale among employees. Leadership that ignores its employees needs of satisfaction and motivation spells doom for a company’s success prospects. An employee who is demotivated has low productivity creating a negative atmosphere CITATION Dob13 \l 1033 (Dobre, 2013). It leads to increased absenteeism or tardiness at work, as well as a lack of attention on regular responsibilities such as customer service. This, in turn, has an impact on the overall performance of the workforce and the company's success CITATION Dob13 \l 1033 (Dobre, 2013).
Leadership that does not encourage communication across different levels of management creates an environment of fear. In such cases, major stakeholders are unable to freely express ideas and feedback from employees is discouraged. A company can only succeed if they are able to receive feedback through free flow of ideas and make adjustments to better the product or service CITATION Ric20 \l 1033 (Allen, 2020).
Poor leadership is characterized by a l
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