Let’s put it plain and simple: President Barack Obama should not seek re-election. Without these key leadership skills, he will only continue to handicap America’s economic recovery.
1. A leader is at his/her best in a crisis. In America’s outsized economic crisis, the President is floundering on three urgent tasks: cost reductions, plans to support wealth creation and motivating the nation.
2. A leader is responsible for motivating specific outcomes. When the President is disappointed in an outcome, he blames Congress or his predecessor.
3. Leaders always operate with well-planned strategies for growing wealth. The President’s actions are reactive, opportunistic and disjoint. Any growth would be an accident and/or unsustainable.
4. Leaders are constantly preparing for competitive battle. The President’s preferential support for organized labor works against America’s flexible labor advantage. It also hurts the competitiveness of the nation’ education system, industry competitiveness, and government efficiency.
5. Leaders know how to leverage strengths. The President’s group orientation is antithetical to two of America’s greatest strengths: Its orientations toward the individual and meritocracy.
Source: The Street
The above commentary comes from an independent investor or market observer as part of TheStreet’s guest contributor program, which is separate from the company’s news coverage.