Sears CEO Arthur Martinez. This usually means a call for better leadership and for many it is a call for charismatic leadership, something that we think we know when we see it but is very hard to define. Yet it isn't that simple. While on the one hand we call for more charismatic leadership, we also have a distrust of charismatic leadership. It seems to-sometimes.
Charismatic leaders can inspire and create excitement.
Yet there are times or situations where it probably doesn't matter at all. Do you want a banker to have charisma. Some companies do fine without charismatic leaders and some companies do poorly with charismatic leaders. The combination of these leads to an idealized vision of the future. These leaders inspire trust, faith and belief in themselves.