Essay On Bad Leadership By Martin Shkreli

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Leadership is the action of leading a group of people or an organization. Leadership is leading a group of people or company to reach a result or further and the organization. A leader is supposed to be an example of how all employees are expected to act and what they should be striving for. Good leaders also don’t use their position within a company to take advantage of the company and its employees. A good leader is supposed to be able to perform their job with high standards, efficiency, and honor. However, for every good leader, there are bad leaders and the worse the leader the more detrimental he or she becomes to employees and the company they run. Poor leadership skills can ultimately ruin a company 's chance of success. The attitude …show more content…

Even before the medicine price increase, his business practices had come under scrutiny. He had acknowledged and has had criminal investigations and other claims of wrongdoing made against him. He has run into problems at both a hedge fund he once controlled and has also had other problems at a company called Retrophin another pharmaceutical company he ran and from which he was replaced and later sued by. He also lacked some of the essential qualities of a good leader those being empathy, humility, experience, and general interest in truly leading a company altogether. Martin Shkreli is the epitome of a bad leader. Firstly, he had a major lack of experience in both leadership and the basis of the company he was running. Most successful CEOs have a deep experience and truly understand the products that they are selling. However, Martin Shkreli had no such experience his major qualifications was a business degree and only major experience was running hedge funds which he had got in trouble with the law. Martin lack of experience and knowledge in the field medicine as well running business overall was a strong indicator of his poor leadership. Although he Shkreli is a minor part in a more major issue his ability to even do what he did and be able to be so morally bankrupt and inept at running company yet do so is even more …show more content…

As a leader, especially of a company that that supposed to be treating life-threatening diseases if you start to hold money or your job higher than human lives than in my opinion you are simply unfit to lead. Martin Shkreli has shown to be both an uncaring leader and an ignorant leader. He the type of leader who is uncaring or unkind. The type of leader that ignores or discounts the wants, needs, and wishes of most members of the group or organization. He also the type of leader that disregards problems or irregularities within a company. Shkreli ignores the well-being and overall stability of the company due to lack of either focus or care. Having an extreme lack of experience in his field also doesn 't help either, not being able to run a company, changing the price of the life-saving drug over 50-fold and using some the worse PR maneuvering to try to fix the problem are still only the tip of the iceberg for Shkreli. Although raising the price of an HIV drug to astronomical prices is bad it 's technically not illegal but eventually, he went into the corruption territory as well. Shkreli was arrested by the FBI on securities fraud charges. The charges were filed after an investigation into his tenure at MSMB Capital Management and Retrophin. He essentially was accused of repeatedly losing money for investors

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