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Can poor leadership and managerial qualities lead to bankruptcy.
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[QUOTE="Muhammad Sadisu Ahmad, post: 274488, member: 90796"] YES! Poor leadership and managerial qualities can lead to bankruptcy. The success of any business organisation lies upon the leader of that particular organisation. Leadership is everything in an organisation. The issues of poor leadership and managerial qualities were stem from the following. 1.lack of education: A leader must be educative to be able to lead people and make a business organisation to be tenable. If a leader is not educative, will not be able to manage a business organisation and that may lead to bankruptcy. 2.Tolerance: poor leadership can lead to intolerance. A good leader must have some degree of tolerance to be able to understand the people working under him/her in other to get best out of them and to be protected from bankruptcy. As such if there's intolerance in the leadership, bankruptcy may result. 3. Skill and experience: lack of skill and experience can lead to poor leadership and poor leadership lead to bankruptcy. Because poor skill means leader lack some techniques that can lead to the progress of a business organisation. [/QUOTE]
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Can poor leadership and managerial qualities lead to bankruptcy.
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