Companies go out of business and suffer huge losses for many different reasons. We usually don't get the full story when it comes to these situations. Many of them have to do with people in leading positions, with very poor leadership skills. Recognizing someone in the workplace in a leading role, with poor leadership skills is fairly easy.
An executive lacking leadership skills is someone who often reprimands employees out of anger or with an angry tone. A true leader very seldom feels the need to lose their cool with the people who work for them. They do not treat their employees like children. Leaders know that their success comes when they have a team of people who are willing to follow them and not forced to follow them. When employees just come to work to collect a paycheck, it affects the success of the company, usually in a negative way. True leaders know this, which is why they will try to create a pleasant, focused work environment for their employees.
Managers or executives with poor leadership skills always demand results with no intention of getting involved themselves. True leaders lead by example and have no problem getting their hands dirty if necessary. Poor leaders also despise employees who get results by taking initiative. Poor leaders don't like it when people succeed outside of their written agendas. True leaders are always open to new ideas and strategies, and don't get upset when a person doesn't follow their system to a T, as long as they are achieving their goals legally.
Executives who lack leadership skills fail to address the questions and concerns of their team members. Poor leaders will view most of their team members as insignificant anyway. They will usually have their favorites and treat all others with a level of disdain. When an employee has a complaint, a poor leader will let that person believe that something will be done, yet fail to take any action regarding it. True leaders know that their team is only as strong as their weakest link, and make efforts to build up and encourage all employees who need it.
Executives are responsible for managing a team of driven employees to success. While all managers and executives are aware of this, many fail to properly handle their roles as leaders. Good leaders never try to use a negative approach to get positive results. Good leaders are never close minded to new methods and strategies in this ever changing world. Good leaders never view their team members in an insignificant manner. Company executives with poor leadership skills tend to unintentionally stir up strife within their companies. Good leaders know that a house divided against itself, cannot stand.