Learned Helplessness is a cognitive state of being which believes that whatever it does is not going to alter the outcome of an event. In the other words, it comes to believe in response-outcome-non-contingency. Role efficacy can be seen as the psychological factor underlying role effectiveness, in short role efficacy is the potential effectiveness of a role. A total of 40 executives of pharmaceutical industry were used as sample. After using appropriate statistical tools it was found that moderate level of learned helplessness were prevailing among them and dominant LH factors include LH1, LH4 and LH6. While on role efficacy moderate effectiveness were observed Centrality, Proactivity, Superordination and Influence needs special attention to improve the effectiveness of the executives. Some significant correlation were also observed among various factors of Learned Helplessness and Perceived Role Efficacy.