Why Businesses Fail

Recently, leadership dynamics have been investigated in several different ways, including financial management, human capital management, and strategic management. Additionally, business academics and practitioners debate the topic of leadership at length in connection with business success or alternatively, business failure. Whether management is considered poor or good, what must be considered is the connection between leaders and their direct reports. To appreciate this dynamic and its impact on the overall results of an organization, executive leadership must take a deep dive into its culture, governance, risk framework, and strategies among other aspects.