Leaders have to be careful about becoming too close to their employees. It is easy to get wrapped up in someone else’s personal life especially if you’ve know someone for a long time. There is a big difference between being a friend and being an employer or boss. The nature of the employer-employee realtionship is transactional – people are paid to do a job. Without the exchange of time for money the relationship probably wouldn’t exist. Moreover, it is much more difficult to hold a friend accountable or if necessary fire them.