One wonders if Lyndon Johnson and Richard Nixon's administrations may come to be viewed, in the future, as having been underestimated in some respects. To be sure, each ended in failure. Nonetheless, Johnson's accomplishments in civil rights and immigration legislation, and Nixon's in respect to relations with China, may loom larger with the passage of time.

There are people all around us whose lives are masterpieces of service. One thinks of parents working two or three jobs to serve their families and community. So, too, many in the military or in nursing or teaching. As the needs are endless, so are the possibilities of service. Now, more than ever, empowered by the Internet, more of us can serve in more ways than ever before in history.

If leadership is, fundamentally, about serving others, then any one person should be able to move between being a "leader" and a "follower."

Arguably there's no school for any high position of leadership. That said, Theodore Roosevelt was remarkably well prepared for the presidency. He had held executive positions in the military, in local government, in the federal government.

Theodore Roosevelt is among the most captivating of presidents in our time, but his administration is often underestimated. Roosevelt's successes in domestic and international affairs are so wide-ranging as to appear obvious or inevitable in retrospect.

It was a particular pleasure to examine President Ronald Reagan's leadership. I experienced it first-hand, as a member of his administration in several capacities as well as his 1984 reelection campaign staff. The most common misconception is that Reagan was a bystander to his own career.

Wal-Mart, with its legendary focus on customer value in terms of price, is innovating in sustainability. Now, we're beginning to see the mirror image, a convergence, as the not-for-profit sector is beginning to serve more effectively by applying private sector accountability and efficiencies to social needs. This reflects a rising recognition that to serve others best requires more than good intentions; it mandates a focus on real-world results. Bill Gates and Warren Buffett are among the most conspicuous advocates and representatives of this transformation.