You can’t do good business with a bad person
For all businesses, having the right person in key roles is vital to the success of that business.
Without the right people in place, it is very difficult for an enterprise to achieve its business objectives.
For any number of reasons, companies find themselves in a position where key people do not fit the needs of the business. Or a new role has been created in the business, and there is no-one internally with the skills to fit the role.
This could be that market has changed, so the company needs to introduce new products, or the way in which business is done (e.g. digital) has changed.
Leadership is considerably more difficult in situations of transformation and change. It takes a different type of person to lead in a change scenario, than a steady state scenario.
If a business does have the wrong person in place, there will be a number of negative impacts:
Quote “You can't do a good business with a bad person. Find the right people to work with and you can't go wrong. “ Richard Branson
So what to do about it