January 18, 2025
Forbes recently published an article featuring Moshe Cohen, Senior Lecturer of Management and Organizations, discussing the intense scrutiny new business executives face, especially when starting off.
New executives should prioritize taking the time to observe, listen, and fully understand both the people and culture of their organization. Common mistakes that can impede success include rushing into decisions, failing to listen actively, avoiding crucial questions, neglecting to build relationships, not setting clear expectations, and struggling to earn the trust of their team. Without addressing these pitfalls, leaders risk missing the opportunity to grasp their company’s unique dynamics and challenges.
“Newly hired leaders get in trouble when they make changes too soon after taking office, before they have a chance to develop relationships and understand the organization,” Cohen adds.
Balancing change with relationship-building and trust will be crucial for long-term success.