Why Some Business Leaders Don’t Succeed When Leading a Different Company
Accepting a position in a different company is common among successful business leaders. They’ve proven their worth and they might receive tons of offers to lead another business. While it might seem like a walk in the park, it’s not. Some leaders are unable to transfer their success elsewhere. Here are some possible reasons.
The company is beyond salvage
Some business owners think that a management change will suffice in saving the company. The truth is the mistakes done were beyond saving. There’s nothing anyone can do to prevent the business from going down. The industry might have drastically changed and relying on leadership changes alone isn’t going to cut it. Besides, it’s also unfair to think that one person is capable of pursuing dramatic changes that can help the business succeed.
It’s not just about the person on top
These business leaders and managers might be surprised to know that they can’t replicate their previous successes because of who they work with. The culture is different and it takes time to make these employees follow something else. Hence, some companies can’t grow the same way as others.
It’s about the brand
Some companies are easier to manage towards success because of the brand. They’ve been in the business for generations and people know the company well. It’s only a matter of introducing new products or modifying an existing item. There’s enough leeway for the business leaders to try something different and see if it works. Other companies don’t have the same leverage. They are yet to build a brand and have to compete against bigger names. Again, relying on one person alone won’t suffice.
These leaders think highly of themselves
When given the chance to work with a different company, these business leaders think they can be successful. They’ve already proven themselves and believe they can do the same elsewhere. The truth is there’s always a chance of failing. Leaders have to be humble. It doesn’t matter where they go. If it’s an entirely different industry, the employees might have different practices. It’s crucial to respect these people and be careful in initiating changes.
There’s a belief that all organizations are the same
Every company is unique. Even companies in the same industry have different history and mission. Therefore, it’s crucial to understand these differences. Again, leaders have to respect the industry if they haven’t proven themselves yet in the area. Previous successes don’t mean anything. Get to know the employees and what they’ve done to contribute to the company. Understand the effective practices and work with people who have been around for years. Realize that being a successful leader elsewhere won’t automatically guarantee results in another industry.
If you were given this chance, you must take it seriously. Be humble, but assertive. Know your place and don’t introduce changes that will make people hate you. Be glad that you have this chance and don’t waste it.
Photo Attribution:
1st and featured image from https://pixabay.com/photos/beautiful-business-woman-modern-2910260/
2nd image from https://www.biblicalleadership.com/blogs/4-ways-a-leader-needs-to-grow-so-their-business-can-grow/
