The 10 Biggest Mistakes a Leader Can Make

The first annual conference of the Upstream Academy, a network of CPA and IT consulting firms dedicated to continuous improvement and excellence, was held in picturesque Whitefish, Montana last week. Over 140 participants attended this first Headwaters Conference hosted by Sam Allred, President of Upstream Academy, and Alliance Partners MIP Software, Sage Software, Hudson Sawyer, and Bowman's Accounting Report.

The two day session focused on leadership skills and how to improve them. Using concepts embodied by Upstream Academy, this conference helped participants change their approach from "doing it until they get it right" - which essentially is developing a business with a chance for success, to "doing it until they can't get it wrong" - which ultimately is developing a business with "no chance for failure."

Change your paradigm from one of

"A chance for success"

to one of

"No chance for failure."

Sam Allred, President, Upstream Academy

Included among the twelve sessions of the conference was a presentation by Art Bowman (Bowman's Accounting Report) and Martha Sawyer (Hudson Sawyer) on the Ten Biggest Mistakes a Leader Can Make. Based on their years of covering and working with the accounting profession, and recent interviews with pillars of the profession, the following were named (in no particular order) as the biggest mistakes a leader can make:

  • Lack of Action
  • Believing that leadership is a position
  • Acting without integrity
  • Inadequate relationship building
  • Confusing management for leadership
  • Inadequate communication
  • Failing to inspire a shared vision
  • Avoiding taking risks
  • Forgetting about "soul"
  • Not growing the next leaders

For more information on Upstream Academy and the services it offers to members, please visit their web site

You may like these other stories...

I recently talked with Doug Sleeter about the current state of the small business consulting profession. We talked about how consultants have great opportunities for competitive differentiation by taking full responsibility...
By Shawn Moriarity, Senior Consultant, SageworksRemember dating in high school? You know that guy or girl who you liked but were pretty sure didn't feel the same way about you? It's likely that you doubtless spent...
By Shawn MoriarityYour car's fuel gauge reads empty and you need to find a gas station. Despite BP's new ad campaign or the magazine article you recently read about ExxonMobil's efforts to "go green,"...

Upcoming CPE Webinars

Apr 22
Is everyone at your organization meeting your client service expectations? Let client service expert, Kristen Rampe, CPA help you establish a reputation of top-tier service in every facet of your firm during this one hour webinar.
Apr 24
In this session Excel expert David Ringstrom, CPA introduces you to a powerful but underutilized macro feature in Excel.
Apr 25
This material focuses on the principles of accounting for non-profit organizations' revenues. It will include discussions of revenue recognition for cash and non-cash contributions as well as other revenues commonly received by non-profit organizations.
Apr 30
During the second session of a four-part series on Individual Leadership, the focus will be on time management- a critical success factor for effective leadership. Each person has 24 hours of time to spend each day; the key is making wise investments and knowing what investments yield the greatest return.