Lessons from Catastrophic Failures of Leadership
On one of my recent trips, I wrapped up the book Derailed by Tim Irwin. Tim is an author, speaker and leading authority on leadership development, organizational effectiveness and executive selection. The book profiles the derailments of Bob Nardelli (Home Depot), Carly Fiorina (Hewlett-Packard), Durk Jager (Procter & Gamble), Steven Heyer (Starwood), Frank Raines (Fannie Mae) and Dick Fuld (Lehman Brothers).
Here are some of the highlights of my reading:
- “No matter how brilliant, charming, strategic, or commanding in presence a leader is, the consequences of a failed character are extraordinarily disabling and will bring down even the strongest among us.”
- “Employees ought to be held accountable — especially executives — but not to the degree that they display a crippling fear of not only the failure but the leader to whom they are obligated to follow.”
- “Because its brands have been so dominant for so long, the company’s culture acquired a pervasive, slavish adherence to precedent.”
- “It is said that adverse circumstances do not make or break you; they reveal you.”
- “We always become who we are. It may take time or stress or illness, but what’s inside us tends to come out. Our character serves as the wellspring from which our behavior emerges.”
- Some leaders “…don’t handle pressure well. They are overly sensitive and take criticism deeply and personally. They’re often critical of others. These individuals are more fragile under stress. They are more emotionally volatile and tend to be suspicious of others’ motives.”
- “Convictions reflect what we are convinced is true and noble. The problem is that some convictions address topics that do not rise to the level of meaningful importance.
- “Courage to do the right thing results from clarity about what we believe.”
- “Lack of courage shows up in many organizations as micromanagement, failure to empower others, risk aversion, overcontrol, and perfectionism.”
- “While we want to know that we are being paid fairly, we will almost always work harder for meaning than we will for money.”
If you’re interested, you can assess your risk to becoming derailed as a leader. Tim offers a free online test on his website to help you determine your risk.
Finally, if these highlights have grabbed your attention and your interested in picking up the book, feel free to follow my Amazon link to add Derailed to your reading list.


















