Where have all the leaders gone?

That the US is in the midst of a leadership crisis, a "crisis of faith" as former FRB Chairman Paul F. Volker referred to it in a June 24, 2002 Business Week article, may be an understatement. For HR professionals and corporate leaders alike, today's crisis of credibility is a burning platform. The barrage of scandals has triggered a frightening level of cynicism across the workforce and across the globe. Continued loss of confidence in corporations and their leaders could lead to a domino effect in which companies could find it difficult to access capital as investors shy away from capital markets. Great leaders are committed to ensuring that their organizations enhanced the quality of life for all stakeholders who come in contact with the organization. Great leaders create an organizational culture in which employees feel appreciated and involved.