I believe that political ‘leaders’ around the world are focusing too much time on point scoring instead of working collectively on the rapidly emerging crisis we need to address.
The IMF’s Managing Director Kristalina Georgieva said that urgent action was needed in the form of restructuring debts because global debt levels were predicted to reach 100% of global GDP in 2021. This is a severe prediction that must be addressed during this pandemic.
Global LEADERS must stop posturing and come together to beat Covid-19 otherwise, the poorer countries around the world will be decimated in 2021.
The IMF warned that most economies will ‘suffer lasting damage, and that extreme poverty is likely to rise for the first time in more than 20 years.’ It is therefore everyone’s responsibility to work together to defeat the pandemic and to focus on the bigger picture of rising poverty and injustice.
This is a leadership challenge which is about standing on the ‘gallery’, looking at that big picture, understanding the connected implications and making relevant decisions. It is also about collaboration, sharing responsibility and enabling others to take ownership. #CEO #leadership #strategy #leaders #alignment#covid #IMF #hrd