Leadership has taken a beating this millennium. Soon after the dawn of the 21st century, executives of American-energy giant Enron were found to have orchestrated one of the biggest frauds of all time, igniting investigations into a string of similar cases.
Fast-forward a few years, and the Western banking sector – echoing the recklessness of Gordon Gekko in the 1987 film Wall Street – plunged the global economy into the abyss of an extended financial crisis. Meanwhile, business and political leaders have spectacularly failed to meet expectations during these testing times.
No sphere of public life has been spared by this apparent collapse in leadership credibility. Even Catholic church leaders have been found to have abused their positions of trust in the most heinous ways.
And Rupert Murdoch’s global media empire was exposed as being led – in Britain at least – by chiefs so unscrupulous that the Australian media mogul himself had to beg the forgiveness of