50-70% Of Leaders Fail. Here’s how To Not Be One Of Them

LOGO: “The Offering” Copyright 2024 Madden Coaching

Yep, it’s true. The research consistently shows that in the first 18 months of leadership, 50-70% of leaders fail. In my 30+ years of leadership and executive coaching, here are some factors that show up again and again as ones to avoid if you want to succeed as a leader:

1. Lack of Self-Awareness: Leaders who lack self-awareness don’t recognize their blind spots or understand how their actions impact others. To prevent this, leaders should actively seek feedback (individual, 360 or assessments) and engage in self-reflection to understand strengths, weaknesses and triggers.

2. Micromanagement: Overbearing micromanagement stifles creativity and demotivates team members. Keep your own performance anxiety at bay, delegate with appropriate checks, train and trust your team and empower them to make decisions within their roles.

3. Inconsistent Communication: Chaos at the top affects the entire organization. Poor communication creates confusion and undermines trust. The best leaders are transparent, listen actively, and provide clear direction.

4. Misplaced Accountability: Blaming others without taking responsibility for failures erodes trust instantly. Great leaders show courage and hold themselves accountable and foster a culture of accountability.

5. Inability To Embrace Ambiguity and Navigate Change: Refusal to adapt to change causes missed opportunities, stunted growth and stagnant innovation. Learn to see opportunity in ambiguity, learn from failures, and embrace continuous improvement.

6. Self-Focus vs Other focus: Effective leadership is about being a catalyst for collective success, not a solo player. Avoid excessive individualism and focus on collective success.

Remember, leadership is a journey of growth and learning. By avoiding these pitfalls, you can enhance your leadership effectiveness and drive positive outcomes for your team and organization.

Copyright 2024. Sheila Madden. All Rights Reserved.

The #1 Crippling Behavior That Will Cause You Failure In Leadership and Life

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The one crippling behavior that will cause you failure in leadership and in life, (and by life, I mean as a partner, a parent, a friend etc.) is the lack of empathy.

Empathy, which is a cornerstone of emotional intelligence, specifically social awareness, is often misunderstood as sharing other people’s emotions and concerns and caring deeply about them. That innate caring and concern is more representative of compassion.
Continue reading → The #1 Crippling Behavior That Will Cause You Failure In Leadership and Life

3 Truths That Will Make Or Break You As A Leader

Sheila Madden, CEO, Madden Coaching & Consulting
Sheila Madden, CEO, Madden Coaching & Consulting

The Cost Of Leadership Failure

These 3 truths about leadership are important to understand not just because they make for a successful leadership career and joyful experience of work. The fact is there is a staggering  financial reality associated with poor leadership that can mean the difference between enterprise success or failure.

Research done by the Center For Creative Leadership indicates that approximately one-third of new managers and executives will fail within 18 months. The cost of those failures can be as much as 5X the executive’s salary.
Continue reading → 3 Truths That Will Make Or Break You As A Leader

20 Habits That Can Prevent You From Being An Extraordinary Leader

Sheila Madden, CEO, Madden Coaching & Consulting
Sheila Madden, CEO, Madden Coaching & Consulting

I was asked recently to repost this blog from 2011, so, here you go.  Enjoy.

Wisdom from Marshall Goldsmith & Peter Drucker

One of my favorite leadership books is Marshall Goldsmith’s, “What Got You Here Won’t Get You There”. I particularly like the chapter on the 20 habits that can keep leaders, and subsequently their organizations, from being extraordinary and reaching their full potential.

Goldsmith shares a great quote from Peter Drucker:

“We spend a lot of time teaching leaders what to do. We don’t spend enough time teaching leaders what to stop. Half the leaders I have met don’t need to learn what to do. They need to learn what to stop.”
Continue reading → 20 Habits That Can Prevent You From Being An Extraordinary Leader

20 Habits That Can STOP You From Being An Extraordinary Leader

Sheila Madden, CEO, Madden Coaching & Consulting

Wisdom from Marshall Goldsmith & Peter Drucker

One of my favorite leadership books is Marshall Goldsmith’s, “What Got You Here Won’t Get You There”.  I particularly like the chapter on the 20 habits that can keep leaders, and subsequently their organizations, from being extraordinary and reaching their full potential.

Goldsmith shares a great quote from Peter Drucker:

“We spend a lot of time teaching leaders what to do. We don’t spend enough time teaching leaders what to stop. Half the leaders I have met don’t need to learn what to do. They need to learn what to stop.”

Continue reading → 20 Habits That Can STOP You From Being An Extraordinary Leader