Thursday, October 12, 2006

On the Importance of Leadership for Value Creation

One of my firmest beliefs is that leadership is a foundational element of creating value. Leaders, whether good or bad, can have an astounding multiplying effect. The news regularly brings to us stories about bad leaders that create downward spirals for their fellow citizens. And history books are filled with such sad examples.

In the past few months, a few visionary leaders, namely Bill Gates and Warren Buffet, have made bold moves towards creating social value, leveraging a good chunk of the wealth that they have both accumulated over the years.

Their example is having a ripple effect that has been recorded by a research project on the philanthropic behaviours of America's wealthiest. You can also read this previous post.

Do you have any other examples of such positive, value creating moves?

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