By Sydney Finkelstein

Talented leaders should be introduced low via their good fortune while self-confidence slides into over-confidence and sturdy press results in prideful pondering. Obstinancy, fanaticism, and emotions of invincibility can push a reliable chief right into a hubristic fog. during this short-form booklet, Dartmouth's Sydney Finkelstein, who has studied undesirable judgements and company disasters for greater than fifteen years, tells find out how to steer clear of the seven undesirable conduct of unsuccessful humans.

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The company knew everything there was to know about its business. A faint warning bell could be detected in the late 1960s, when lighter, imported bikes started showing up on city streets and playgrounds. A dismissive Schwinn executive was quoted as saying: “Why does anyone need a lighter bike? ” So much for that enlightening response. Then came Gary Fisher, a familiar name among cycling enthusiasts. ) his bicycle down mountain trails with his friends. What they did came to be known as mountain biking or off-road biking, and it changed the bicycle business.

A leader might even fall into one of the seven habits without being judged a failure. Consider the self-promotion of Lee Iacocca, or the retirement indulgences of Jack Welch. There is no hard-and-fast measurement that signals a leader’s or a company’s encroaching decay. To some extent, Supreme Court Justice Potter Stewart’s definition of pornography pertains: We’ll know it when we see it. Nevertheless, there are behavioral clues, both positive and negative, that point in one direction or another, including: Does a leader encourage his or her people to speak up when they disagree, or put them down as not being with the program?

There’s a lot to be said for cultivating that power both as a leader and as a person. Falling prey to destructive habits is not preordained. We can avoid them if we know what tell-tale actions to look for, while also working to acquire the necessary discipline to ask the tough questions. Only then can you hope to become the best leader you can be. com � Sydney Finkelstein All rights reserved. No part of this book may be reproduced, in any form or by any means, without permission in writing from the publisher.

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