In a globalised world dominated by financial woes, where are the leaders who will be our salvation? Three INSEAD professors give their views on the problems these leaders face and why they may be failing.
Riots in the Middle East and in such unlikely places as the UK - encompassing not just the downtrodden but the frustrated and the middle class. Recurring debt crises within the European Union (EU) that call into question not just the Euro but the European Union itself. U.S. President Barak Obama’s economic management under ceaseless fire, while economists and investors alike are hard-pressed to find any benefit from the Federal Reserve’s multibillion-dollar quantitative easing policy.
In the United States, INSEAD Professor of Management Practice, Allen Morrison, claims Obama’s “impotence is based on his unbending ideology, hypocrisy and lack of courage. He also talks too much and doesn’t deliver on his promises. The Fed’s decision to leave rates unchanged is a reflection of reality. They have few options left and hence their perceived power has also been reduced”.
See full Article.
Friday, June 29, 2012
Leadership in crisis – where are the heroes?
In a globalised world dominated by financial woes, where are the leaders who will be our salvation? Three INSEAD professors give their views on the problems these leaders face and why they may be failing.
Riots in the Middle East and in such unlikely places as the UK - encompassing not just the downtrodden but the frustrated and the middle class. Recurring debt crises within the European Union (EU) that call into question not just the Euro but the European Union itself. U.S. President Barak Obama’s economic management under ceaseless fire, while economists and investors alike are hard-pressed to find any benefit from the Federal Reserve’s multibillion-dollar quantitative easing policy.
In the United States, INSEAD Professor of Management Practice, Allen Morrison, claims Obama’s “impotence is based on his unbending ideology, hypocrisy and lack of courage. He also talks too much and doesn’t deliver on his promises. The Fed’s decision to leave rates unchanged is a reflection of reality. They have few options left and hence their perceived power has also been reduced”.
See full Article.
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