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The Importance of Leadership

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Bridgewater Review
Volume 24 | Issue 1 Article 6


The Importance of Leadership
Dorothy J. Mulcahy
Bridgewater State College

Recommended Citation
Mulcahy, Dorothy J. (2005). The Importance of Leadership. Bridgewater Review, 24(1), 7-10. Available at:

This item is available as part of Virtual Commons, the open-access institutional repository of Bridgewater State University, Bridgewater, Massachusetts.

The Importance of Leadership by Dorothy J. Mulcahy

Why is the topic of leadership important? History is rich with stories of leaders who have shaped the course of nations, the economy, and society. It is well recognized that effectively run organizations are more productive and successful while poorly run organizations suffer at the hands of ineffective leaders. Compounding the need for effective leadership is the unethical and illegal behavior of numerous business and public sector leaders that has led to the failure of many organizations. The scandals at Enron, WorldCom, HealthSouth, OfficeMax, Tyco, Marsh & McLennan, Putnam, and Boeing, to name just a few, have focused on the importance of strong, effective, and ethical leadership. Dissatisfaction on the part of stockholders and boards of directors has increasingly led to the termination of high-profile CEOs. The recent termination of HewlettPackard’s CEO Carleton (Carly) Fiorina has focused considerable attention on the qualities a leader needs to have in order to achieve the organization’s goals. Employees have suffered at the hands of ineffective leaders. Job satisfaction has declined over the last decade, with the biggest decline in on-the-job happiness among workers earning $25,000 to $35,000 and among workers between the ages of 35 to 44. The biggest reason for people leaving their organizations is that they are being treated poorly by their

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