A 2023 survey of global business leaders by consultant Margot Faraci shows fear often can hold leaders back, according to Fast Company. Main factors include avoidance or inaction because they are afraid of making mistakes; overcontrolling and micromanaging because they are afraid team members will make mistakes; and withholding feedback and honest opinions because they are afraid of conflict or backlash.
But leaders must take risks, empower people and be honest to succeed. And when used rationally, fear can be used to learn. Fast Company shares the following common fears and how they can help leaders examine their decisions and overcome business challenges.
- Fear of missing out. This can lead to premature decisions without considering the consequences. One example could be companies rushing to implement artificial intelligence and firing people prematurely because they did not think it through. It’s important to look deeper and ensure you are not missing out on what matters. You should make decisions based on core values and not anxiety.
- Fear of messing up. Leaders sometime experience “analysis paralysis.” A 2023 survey of more than 14,000 employees and leaders across 17 countries showed the influx of too much data and information is leading to indecision. Results from the study reported 74% of respondents said the number of daily decisions they make has increased tenfold during the past three years; 59% said they faced analysis paralysis more than once per day; and 85% said the inability to make decisions is negatively affecting their quality of life. If you experience analysis paralysis, examine your true fears, challenge your worst-case scenarios and ask others to help you seek clarity.
- Fear of being inadequate. A 2025 study found 71% of North American workers reported suffering from impostor syndrome, with half saying it caused them to miss or turn down opportunities. This fear is asking you to decide whether your insecurity or your impact matters more. It is crucial to remind yourself to rise to the occasion rather than worry about looking foolish.
