Fiscal Cliff or Leadership Coma?

“Fiscal cliff” is the popular shorthand term used to describe the predicament that the U.S. government will face at the end of 2012. U.S. lawmakers have a choice to allow current policy go into effect at the beginning of 2013. This features a number of tax increases and spending cuts that are expected to weigh heavily on growth and possibly drive the economy back into a recession. Or, they can cancel some or all of the scheduled tax increases and spending cuts, which would add to the deficit and increase the odds that the United States could face a crisis similar to that which is occurring in Europe. Many organizations face the same fiscal cliff, when it comes to leadership development over the next few years....

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