Financial Services Industry Needs Real Leaders

Don Trone, Mary Lou Wattman and Steve Branham, co-founders of 3ethos, wrote for Investment News on the areas advisors have failed investors and the characteristics of ethotic leadership.

Leadership researchers from around the world — in every industry sector and domain — have seen a dramatic shift in the attributes society prefers to see in a leader. The top-down, hierarchical command-and-control style is no longer favored for every leadership situation. Character is now more important than charisma.

The financial services industry needs to take note of this phenomenon.

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