Leadership: The Most Neglected Ingredient in Business Growth
Those challenges, like the refiner’s fire, consume poorly managed businesses and even scorch and damage the better-run organizations. Yes, success covers a multitude of blunders, but only over the short term. History tells us that we can count on “refiner’s fires” to rage, sooner or later, through every floor covering business.
Some 96% of all businesses fail within their first eight years. Owners who have survived great challenges know that some crucial elements protect them from fire damage. Too many, unfortunately, have neglected one element and created a void can be lethal to any business. The most neglected ingredient in promoting business growth is leadership.