Leaders in all arenas—the corporate world, the military, government and politics, nonprofit organizations, and sports teams play a determinative role in whether human endeavors prosper, fail, or flounder. When an organization soars to greatness, we credit the leader. When it goes down, we usually blame the leader. We want our leaders to succeed. We need them to succeed. When they do, we trust them and follow them willingly. They inspire us to go the extra mile—to take our performance far beyond what we dreamed possible.

Most leaders want to make an enduring impact—a lasting and positive influence on the organization they lead and the lives affected by their decisions. Great leaders want to stay the course—to finish the race. Senior leaders ...

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