10.5 Reasons Why Even Top-Notch Executives Fail

10.5 Reasons Why Even Top-Notch Executives Fail

And How To Make Sure It Doesn’t Happen To You

With few exceptions, top executives deserve the responsibility and recognition they enjoy.

  • They have worked long and hard over many years.
  • They have fought countless battles in the corporate trenches.
  • They have been forged in the crucible of time and experience.
  • They are responsible professionals whose corporate stripes are well earned.

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But more than ever before, earning a promotion to an executive position does not guarantee successful performance in that position.


Because as today’s organizations continue to downsize, right size, restructure, and re-engineer, more and more responsibility and accountability fall on the shoulders of executives. 

Many executives know they must guard against the risk of failure due to the Peter Principlethe maxim that in any hierarchy, people tend to rise to their level of incompetence. But in this age of flattening organizational structures, the Peter Principle casts a shadow of far greater proportions than it has in the past. The new danger is that executives who have not yet—and might never have—“risen” to their level of incompetence may nevertheless fall victim to it if they are unable to meet increased demands and responsibilities they subsequently inherit in their current executive positions.

The good news is that this 21st century manifestation of the Peter Principle—like the Peter Principle itself—is simply an observed tendency, not a fatalistic prediction. And fortunately there is an antidote for this threat to executive survival: preparation. Executives, if they take the time and make the effort to understand the booby traps and land mines facing them on today’s business battlefields, significantly increase their chances for success.

Picture of About the Author - David Herdlinger

About the Author - David Herdlinger

David Herdlinger is the founder and creator of Kashbox Coaching.

Through Kashbox Coaching, he provides personal and team coaching services for individuals and organizations worldwide.

He and his team of Kashbox Coaches have helped thousands of executives and professionals at all levels and in all types of organizations unleash their potential and achieve more than they ever dreamed possible.

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