Why People Leave a Business

This is from a LinkedIn discussion group. The question being discussed was” Do people leave a business because of its managers?” The following was my response.

“I believe the character, soul and values of a business are manifested by its leadership. This applies even if the stated mission, vision and values of a business say something different. It is a “you are what you do” sort of thing. If I am right, then people leave a business because of its leadership when there is no alignment in these areas.”

Voice of the Business

Some of the first questions that a business must answer are:

• Why do we exist?
• Who are our customers?
• What is our mission or purpose?
• What is our vision?

To understand the importance of the answers to these questions, we must first understand that different stakeholders in a business have different perspectives. The stockholders wish to get a return on their investment. Workers wish to get a good wage for their work. Managers and officers wish to meet the business performance metrics set forth by the owners (stockholders, etc). The community wishes to have a neighbor that provides jobs, pays taxes, supports the community, and has no negative environmental impact. These are just a few.