Executive
Derailment
By Christine
Fahnestock
Fahnestock & Associates
In the last fifteen years, the Center for Creative
Leadership has conducted a series of studies about the reasons
executives derail and the factors that influence executives’ success.
Some of the key result areas of that research are summarized
below. Derailment occurs
when an executive candidate or incumbent’s career does not reach the
level that was expected of him/her.
I firmly believe that knowing the common reasons
for derailment can help us to prevent this for some of the hi-potential
people in whom organizations are investing.
It can also help to inform movement, selection, and promotion
decisions in order to leverage an organization’s strategic business
investment in corporate talent.
Four
Reasons Why Executives Derail:
Their strengths become weaknesses.
E.g., ambition destroys their support base; brilliant
management of projects becomes micro-management of high-level
subordinates.
Their deficiencies eventually matter.
E.g., the talented, but insensitive can get by at lower levels,
until one’s subordinates and peers are also powerful and brilliant.
Success goes to their heads. E.g.,
after being told how good they are, they become cold and conceited.
Once someone acts as if there is nothing more to learn, their
information sources begin to dry up.
Events conspire, too.
E.g., a few of the derailed apparently did little wrong, but
were affected by political or economic upheavals.
More
specifically individuals who derail have the following difficulties:
1. Poor treatment of
others
2. Difficulty in
molding a staff
3. Difficulty in
making strategic transitions when entering the executive culture or
switching to an unknown area (line to staff, new division)
4. Lack of
follow-through
5. Over-dependence
on someone or some skill
6. Disagreements
with higher management about how the business should be run or about
strategy
For
information about developing high potential talent, please contact
Fahnestock & Associates.
contact Christine
Fahnestock,
Principal, at 860.637.0100, or e-mail:
cmfahn@fahnconsulting.com

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Last modified:
May 28, 2009
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