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How poor leadership bankrupts a business.
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[QUOTE="TOZZIBLINKZ, post: 272877, member: 37528"] It is absolutely nothing new that the act of business management is so much similar to the act of leadership. And just as a leader puts the interests of his or her subjects before his or her own interests, same is also applied to a business manager who endeavours to put the interest of others possibly his or her employees and clients or customers. A business manager is expected to exhibit and reflect leadership qualities and attributes such as being understanding, approachable, and realistic when carrying out his or her responsibilities possibly with his or her employees and also with his or her clients and customers. It is absolutely possible for a business to go bankrupt or liquidated when the manager of the business failed to exhibit good and expected leadership qualities just like the ones listed above . A good scenario can be clearly seen in a situation where a particular business manager is always rude and never understanding towards his or her employees and clients or customers. This can totally chase away the trust and loyalty of the business clients and customers and also this could lead to some of the business employees filing for a resignation of their contracts as an employee possibly because they cannot stand a situation or condition working for such an annoying, rude and arrogant individual. In such a situation the business suffers the consequences, and one of the consequence or repercussions suffered by businesses in such condition is always bankruptcy and liquidation. [/QUOTE]
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