Hiring: Weak or inadequate management causes failures

Many studies have found that inadequate or weak management is associated with business failure. Three common roots are: (1) Lack of experience of founders/initial management; (2) Operational mediocrity or inefficiency; and (3) Dysfunctional management. Watch for these weaknesses and pre-empt with management growth programs to match current needs.

Related Best Practices

• Strength Finder -Assessing Strengths of Leaders and Managers
• Executive Evaluation - Nonprofit Organizations
• How to be a Mentor
• Building an Effective Management Team

Author

The author of this page is Terry Gardiner

Terry Gardiner is the founder and President of Silver Lining Seafoods and NorQuest Seafoods - a medium-size Alaska seafood processing company; and currently a Board member of the Anvil Corporation, an employee-owned company specializing in oil and gas engineering.

His co-operative experiences include member director of the Commercial Fishermen Co-operative association; creation of legislation for the Alaska Commercial Fishing and Agriculture Bank; and advisor to the US Dept of Health and Social Services for the state Health CO-OPs.

Terry served ten years as a member of the Alaska House of Representatives -several legislative committee chairmanships, Speaker of the House, Chairman of the Alaska Criminal Code Commission and board member on various state and federal boards and commissions.

His non-profit experiences include National Policy Director for the Small Business Majority in Washington DC; working with the Herndon Alliance and ForTerra.

Terry authored the leadership book, "Six-Word Lessons to Build Effective Leaders: 100 Lessons to Equip Your People to Create Winning Organizations".

For more check: Terry Gardiner Long bio