Thursday, July 14, 2016

Visionary Leadership without Good Governance was destructive

Good governance and visionary leadership are essential for a country or an organization to be considered successful in the eyes of all population/stakeholders in the 21st century. There is a direct link between Good Governance, visionary leadership and economic prosperity.

Visionary leadership and Good Governance are two sides of the same coin. The two have many elements in common. Without an effective leadership we may not envisage Good Governance in its totality. In fact, Good Governance may not be achieved in its totality because of cultural, psychological, social and sociological impacts and differences. Its implementation and perception also varies in line with the level of development and demands of the society. Due to this, the practice shows that very few countries and societies have come close to achieving good governance in its totality.


I am inviting all my friends to share your thoughts with related to good governance and visionary leadership considering foreign and local examples, such as Volkswagen emission scandal (http://www.forbes.com/sites/enriquedans/2015/09/27/volkswagen-and-the-failure-of-corporate-social-responsibility), Former chairman of SEC of Sri Lanka fraud (http://www.asianmirror.lk/top-news/item/13487-nalaka-godahewa-indicted-over-financial-fraud) and recent Central Bank case of Sri Lanka.

   

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