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The father of modern economics (Adam Smith), Ronald Reagan, economists Milton Friedman, Wall Street titan Ivan Boesky and students who take economics classes all say that greed is good. Certainly, the Soviet - or post office worker - mentality of not working very hard because you won't get more money for it stifles productivity and innovation.

We are very happy to announce that the Meirc research on leadership has been completed. Here is some interesting information about the research project and the forthcoming book. * The research project took just over ten months to complete. * It covered 12 Middle Eastern countries: six GCC countries, plus Egypt, Jordan, Iraq, Lebanon, Palestine, and Syria. * 310 managers and senior executives were interviewed. * The average length of an interview was 1 hour and 6 minutes; this translates into 341 hours of interviewing, or 43 man days - not counting travel and waiting time. * The research was designed, planned, and organized by Farid Muna (Chairman) and Ziad Zennie (Partner)

The authors identify three stages of leadership development: the early ingredients for success starting from childhood; the paths that current and aspiring leaders should follow once they start a career; and what leaders should do exceptionally well to become and remain outstanding in organizations operating in multicultural environments.