Leadership Imperatives for a Post-Crisis World

Like all crises, this too shall pass. But the severity of the current debacle points to a very different post-crisis healing than that which has taken place in the past. Most importantly, over the foreseeable future, the macro-economic environment is likely to be characterised by the combination of lingering problems in a damaged financial system together with an unusually anaemic recovery in the global economy. Tensions will undoubtedly persist in such a tough post-crisis climate. In sharp contrast to the V-shaped recoveries of yesteryear, when relief was quick and powerful, the next several years are likely to reflect a persistent