Part III

Preparing for Transformational Leadership

The first thing transformational leaders must do is develop an accurate understanding of the context or environment in which they will be asked to lead in the future. In the process, they must define with precision what the specific leadership demands and challenges will be.

In Part III, I will paint a picture of the evolving future and suggest how leaders must do a much better job of strategic soothsaying based on a fundamental shift in outlook and perspective. Like so many other developed countries, we have allowed the self-proclaimed wisdom and superior knowledge of money managers, stock market traders and speculators to shift our thinking into such small increments of time that we end up ...

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