News By Tag
News By Place
Communication and Leadership are Essential for a Successful Business
Study shows lack of leadership and communication one of the top five reasons small businesses fail
“There are many common hurdles that business owners face; however, the lack of leadership and communication is one of the top five reasons why businesses fail,” says Shea. “Leadership comes in many forms, but one of the most important is the articulation of a clear vision or organizational alignment, something that employees can be motivated by and support.”
Many leaders of small businesses lack the ability and expertise to lead teams. Employees are unclear about what is expected of them, fail to achieve crucial goals, or don't quickly grasp their role in the business. According to analyzed research by AdviCoach, the following are some of the common complaints that employees from small businesses have about management:
• The manager does not encourage open, honest two-way communication.
• Management does a poor job of establishing clear priorities and objectives.
• Senior management lacks a clear vision of the future direction of their organization.
AdviCoach Shea says good leaders provide a trust-based environment where employees come first and are recognized as key to the organization’
On the other hand, if there is a fear-based management style dominating the environment or a “my-way-or-
“It’s oftentimes difficult to assess how leadership and communication problems can impact a company,” says Shea. “Small businesses should look outside for help when faced with a performance record that doesn’t align with their goals and vision of the company.”
As a business coach with the leading coaching and advisory firm, Shea specializes in helping business owners remove their blinders about key issues, such as leadership style and effectiveness, to see their role more objectively and make fact-based decisions to increase organizational performance.
To learn more about AdviCoach services in your area, please contact Michael Shea at 760-274-6240, firstname.lastname@example.org or www.mshea.advicoach.com
AdviCoach is the premier source for business coaching and advisory services customized for small to mid-size businesses. With its unique “AdviCoach Advantage™,”
AdviCoach® is a registered trademark of AdviCoach, LLC. All rights reserved.