If you want to become an effective leader, try to accept that there are things that are beyond your control. Then, you will be able to forgive yourself and start anew. If you just keep thinking of the past, this will serve as a reminder of your failure. And if you keep thinking about your defeat, you will undergo a never ending cycle of blaming yourself for the things that you did not really opted to do. As a matter of fact, technological savvy is slated to become an integral factor in leadership. Character and integrity The 90s had produced some of the most blatant corporate arrogance among executives of certain huge corporations. (Think Enron and WorldCom.) This had triggered and accelerated sentiments among governing board members of companies that character and values shall be made more prominent in the leadership business. On the other hand, knowing one's weaknesses is as equally as important because through this, the person will know what the areas he or she should improve on are. If one knows his or her weaknesses, he or she might be able to turn these into opportunities that will make him or her successful in the future. Indeed, the most powerful thing that can help a person get started to be a better is when they discover their purpose in life. Once you were able to help them do this, they can find the reason in their hearts why do they want to be motivated and become a better leader. During leadership development, encourage them to always be thirsty and hungry for something. From a total dependence on financial capital, economies all over are now dependent on human capital. Human resources In the midst of economic upswings and downswings, companies have realized that money for investment is abundant than ever before. Even in the middle of the present economic crunch, money had been deposed as the number one scarce resource in business. This is in line with the ultimate goal of leadership development which necessitates action rather than just knowledge. Learning from work One of today s development methods provides candidates with opportunities to learn from their present work rather than taking them out of the workplace (and presumably herded to a stolid classroom) to learn.