Many people pursue psychology careers because they are not interested in business. Working with people seems more attractive than working to make, sell, or deliver “things.” But managing or leading in any business is really a people profession involving understanding, motivating, and communicating with others. So, the question arises: Do psychologists make good managers or leaders?
The answer of course is, it depends. Psychologists bring certain skills to the table (e.g., relationship skills, analytical skills, ethical orientation) that can serve them well as leaders, but they also typically lack the business knowledge and political and negotiation skills that are also necessary for business managers.
I just reviewed a book, The Psychologist Manager: Success Models for Psychologists in Business Positions by Louise Kelly and Jay M. Finkelman. [You can read my review on PsycCRITIQUES]. The book is really a sort of introductory handbook for psychologists who might enter the business world and wind up in management positions. There is also a good overview of leadership theories that are helpful in self-development as a leader or manager.