Ledership

Failures in politics and military control cited Section: M whizzy, Pg. 06b Former Chrysler chief ope rating officer Lee Iacocca published a book last division called Where Have All the Leaders Gone? and challenged readers to name one who emerged from the disaster of Hurricane Katrina. The same challenge attends equally appropriate in times of credit crunch and looming recession. Why does there seem to be a leadership vacuum at a time when leaders are needed most? willing it persist when the finger-pointing subsides and the global financial storm, seeded with $700 jillion in bailout money, rains itself out? Yes, the leadership vacuum most in all likelihood will persist, says University of Southern California business professor rabbit warren Bennis, co- beginning of Transparency: How Leaders Create a kitchen-gardening of Candor. Bennis calls it a leadership meltdown. All of the failures can be traced to brusk leadership, says Harvard management professor Bill George, former chief executive officer of Medtronic and author of True North: Discover Your Authentic leaders. Poor macrocosm perceptions The public saw the leadership vacuum coming vast before the latest crisis. President Bushs approval rating had fallen to historic lows and was closing in on 20%. The job-performance rating of Congress was even worse.

Harvards annual National Leadership Index, released this month, found that 80% of the public saw the USA in a leadership crisis. Thats up from 77% last form and 65% in 2005. There were 1,132 CEO departures in the first of all nine months of 2008, on pace to break the record 1,478 in 2006, according to outplacement firm Challenger Gray & Christmas, and up from 700 a year from 2002 to 2004. Worldwide confidence in business leaders is the lowest it has been in the 10 years of an annual survey by human resources consulting firm Development Dimensions International. Weve lead so impatient in our expectations that many times, we dont kick in people long enough to discover if they are leaders, says Marilyn Carlson Nelson, CEO of Carlson Cos.,... If you want to get a full essay, order it on our website: Ordercustompaper.com

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