Early on in this most difficult year for the global corporate community, business leaders were given exemplary lessons about the personal qualities and practical imperatives that define leadership. On Jan.15, Captain Chesley "Sully" Sullenberger successfully ditched US Airways (LCC Quote) Flight 1540 on the Hudson River, saving the lives of all 155 passengers aboard.

We don't have to surmise what those lessons in leadership are. There's a black box bearing eloquent testimony. The first lesson is all about speed and transparency. After deciding immediately that it was not feasible to land at LaGuardia or head for New Jersey, Captain Sullenberger advised his stakeholders - i.e., the people on board - that they would have to land on the river and that they should "brace for...
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