Though the Greek prime minister in this video describes austerity as a failure. I would argue that at least in one sense austerity has been a success … there is a new Greek prime minister who is direct, realistic, able to address painful truths and to do softly (even when facing an ultimatum). He is subtly saying that like austerity, ultimatums are also irrelevant – that no forceful attitude will change the difficult and unrelenting financial reality Europe has gotten itself into. He has realized that the old story has failed and is trying to invite his European colleagues to co-create a new story.Regardless of the fruits of actions, his effort is refreshing.
Is this telling of a new emerging flavor of leadership? I enjoyed this.