In an ever changing world, you never learn it all, even if you keep growing into your 90s.

A leader needs enough understanding to fashion an intelligent strategy.

Great leadership does not mean running away from reality. Sometimes the hard truths might just demoralize the company, but at other times sharing difficulties can inspire people to take action that will make the situation better.

Effective leaders help others to understand the necessity of change and to accept a common vision of the desired outcome.

One of the most common ways to overcome resistance to change is to educate people about it beforehand. Communication of ideas helps people see the need for and the logic of a change. The education process can involve one-on-one discussions, presentations to groups, or memos and reports.

Leaders establish the vision for the future and set the strategy for getting there.

Complacency is almost always the product of success or perceived success