It was true in 1977

In 1977 Prahalad wrote a piece in the Hardard Business Review about the "responsible manager". He reviewed the points for the January 2010 issue and nothing has changed:

• Leadership is about change, hope and the future
• Leaders have to venture into uncharted territory, so they must be able to handle solitude and ambiguity
• Display a commitment to learning and developing yourself. Leaders must invest in themselves
• Good leaders are inclusive
• Be concerned about due process. People seek fairness - not favours
• Put personal performance in perspective. Humility in success and courage in failure are hallmarks of a good leader
• Be ready to invest in developing other people
• Be unstinting in helping your colleagues realise their full potential
• Balance achievement withe compassion and learning with understanding

He concluded the article: "Every year I revisit my notes about the responsible manager...The world has changed since then, but I haven't found it necessary to change a word of my lecture. Indeed the message is more relevant today than ever." C.K. Prahalad, HBR Jan 2010