“…This study extends previous research on self-observer rating discrepancies (e.g., Atwater et al, , 1995Church, 1997;Ostroff, Atwater, & Feinberg, 2004;Sala, 2003) by first, specifically examining ratings of the characteristics and behaviors associated with derailment (being fired, demoted, or plateauing in a job). Given the costly effects of derailment to managers, their coworkers, and their organization (Finkelstein, 2004;Finkin, 1991;Gillespie, Walsh, Winefield, Dua, & Stough, 2001;Lombardo & McCauley, 1988;Smart, 1999;Wells, 2005), studying self-observer rating discrepancies in derailment may help inform and prevent managerial derailment and its negative impact on organizational outcomes, as self-observer rating discrepancies may be a key indicator of leadership and managerial outcomes (Atwater & Yammarino, 1992;Atwater et al, , 1995Church, 1997;Johnson & Ferstl, 1999).…”