Enron, Hurricane Katrina Examples of Leadership Gone Wrong

Poor crisis leadership was on display after Hurricane Katrina and during the financial crisis.

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Covey wants to see corporate America rethink its old-fashioned approaches and adopt a more collegial management style. And Baker is hoping the recession will give leaders some "humility." Already, when he speaks at places like Columbia Business School, he is seeing a crop of future leaders interested in more than getting rich.

For those who will someday put their lives or their livelihoods in their hands, that is good news.

  • See America's Best Leaders.