Leaders must be visionary to see future trends, anticipate institutional bottlenecks, remain competitive and be able to adapt rapidly to changes. They should be continuous learners, a necessity for enhancing leadership skills. Leaders need also to take into account their corporate social responsibility so that profit seeking is balanced against the objective of social service and well being of society.
2  BIS Review 6/2002  as there is the willingness and the ability to service the debt. But the higher the level of debt, the more exposed the individual is if, say, he or she is made redundant or faces unexpected expenses. I mentioned a moment ago that we have run current account deficits totalling around $ billion since 1975.