What does poor leadership mean?
Poor leadership can also be referred to as bad leadership. It leads to poor employee retention and demotivates the remaining employees.
Ben Simonton explains, 'a poor leader ignores every employee’s basic need to be heard and to be respected. It also results in a knowledge barrier and top management becoming ignorant on matters that are really going on in the workplace, which in turn makes their directives misguided and irrelevant'.
Definition of leadership
According to Harvard Business Review, leadership is the "accomplishment of a goal through the direction of human assistants—a human and social achievement that stems from the leader's understanding of his or her fellow workers and the relationship of their individual goals to the group's aim".
Leadership in business is the capacity of a company's management to set and achieve challenging goals, take fast and decisive action when needed, outperform the competition, and inspire others to perform at the highest level they can.
In summary, Investopedia summed up leadership in the following:
- Leadership is setting and achieving goals, tackling the competition, and solving problems decisively and quickly.
- Leadership also refers to the tone a company's management sets in terms of the corporate culture.
Return to Glossary of business failures or read "Poor Loss Leader "Pricing" Strategy".
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Last edited on 6 January 2022.