The world has gotten to a point where business leaders think far more about getting ahead of their competitors than on making better products and services. A world where material success has become an obsession and innovation, on the edge of extinction with little emphasis placed on things that matter. The world needs thought leaders, leaders who will stand on the shoulders of philosophical giants. Leaders, who will think beyond the status quo and real. This, to Schumpeter was a problem worth writing about and drawing the attention of leaders to. Subjectively, his worry is most justified in the sense that, if leaders are oblivious to this, then the world is in for a nasty surprise of obsessed leaders.
Digging into the dexterities, intellect and experiences of great past thinkers, provides an archive of ideas which shape today’s thought leaders. Inward-bound courses which delve into the writers like Plato, John Henry Newman, Socrates and the others, induces leaders to think from different perspectives and generate great ideas to improve not only but others as well. These are the solutions Schumpeter proposed to the problem that so impelled him to write the essay.
Creative leadership is the form of leadership that perfectly combines, inspiration and motivation coupled with quality innovation for extraordinary performance. The innovative factor is critical and Schumpeter’s ideas of inward-bound courses develops a unique perspective for the individual to generate innovate ideas. Gottlieb Guntern passionately discusses mediocrity which he believes has developed the “majority knows best” notion. Strikingly, Schumpeter indirectly mentions the mediocre attitude adopted by leaders of today who fail to see the problem he mentions and as the