And while it is frustrating, it is the sad reality in far too many organizations. We could fault the board members' lack of leadership in selecting better candidates, or we could fault schools for not teaching enough on leadership. Or we could bemoan the fact that many leaders didn't have good role models to help them become better business minded talent. But the cold, hard truth is that most of the blame falls at the feet of the owner or leader himself.
Now before people start throwing all kinds of frozen fruit at me, please hear me out. In our culture, we love to blame everyone but ourselves, and while there are a few people that blame themselves more than they should, most of us don't accept enough blame and responsibility.
Now that we have the issue of blame out of the way, let's talk about why many business owners and leaders aren't business minded talent. The reality is that most leaders started out doing a specialized task and decided to start a business doing that task or got promoted to leading a team of specialists. They never made the mental leap to owner or leader. They stayed in a specialized task mentality while assuming financial responsibility for the organization or team, never bothering to learn what best practices are in leadership, finance, accounting, marketing, operations, distribution, customer service, etc., assuming that they knew enough to get by. Hubris strikes again!