I often meet business owners/leaders who think they have it all figured out. Whenever this happens a red flag goes up for me right away. The best leaders I know are in a constant learning mode. They are very aware of what they don’t know and need to learn. They soak up information like a sponge and are energized by new thoughts and ideas. Leaders who are unwilling to admit their own shortcomings or lack of knowledge are eventually confronted with the very reality they are ignoring. It may take time, but it always happens. It’s even worse if they are completely unaware of where they fall short and end up getting blindsided. In leadership positions, ignorance is not bliss.
I’ve seen many talented leaders and managers get in their own way when it comes to getting their point across. They almost seem oblivious or worse indifferent to the vibe in the room and how their message is being received. You can be right, but alienate other people if you are not careful. How you communicate can often be as important as what you communicate. Going all the way back to our grade schools days, nobody likes a “know it all.” Arrogance is a very unattractive personality trait. We all pay close attention to how those in positions of authority treat other people.
A weakness I often see in leaders is a belief that their job is to supply all the answers. They tend to dominate discussions and almost always want to have the last word. The problem is that no matter how smart and capable you are, you will always be limited by your own thinking and life experience. In addition, if you create an environment where everyone looks to you for answers, then you will hinder the growth and development of your employees and enable mediocre effort (and commitment).