WeWork — Overcoming toxic leadership…what now?
In my last article, I wrote about what has happened over the past few weeks with the WeWork company. You can find that here.
The gist is that when the WeWork company tried to go public at a valuation of nearly $47 billion, they came under scrutiny from Wall Street and the findings led to them slashing their valuation to between ten to fifteen billion dollars, (3x less than their original valuation). Also, WeWork’s CEO (Adam Neumann) came under scrutiny regarding some highly unethical things he had been doing that blurred the lines between his own personal agenda and the business’, leading to his demotion.
I go on to describe some leadership principles if, had they been employed by Mr. Neumann, would have changed the outcome for WeWork. My goal in writing that was to help leaders lead better; to grow in servant leadership, better assessments, and vulnerability for their own sakes and also for the sake of those they lead.
One of the questions I received after writing that article was, “what now?”. How can an organization or business work through the toxicity of poor leadership to become healthy? It’s a fantastic question and I want to take a crack at it, but I would love to hear your own perspectives and thoughts, so do post below.
