As evidenced by the growing number of corporate scandals of which almost all involve the CEO and other top officers, corporate America in many cases is missing one essential leadership ingredient—character. Character building may well be one of the new buzz words that will be heard across the airways and Internet in the next few years as a prescription for what is wrong with our current state of top management.
Corporate leadership has failed its character test in the last few years and has some ground to make up in the future. Character is not just a manager’s psychological profile carried to an extreme. It is, to use an old phrase, doing the right things not just doing things right. To learn about character, young executives should go through self-awareness training, study, and, most importantly, experiential training with respect to character issues.