Date Added: Jun 2010
Growing numbers of top business executives appear to be running for political office. Among others, former CEOs Meg Whitman and Carly Fiorina recently won California primaries for governor and senator, respectively, while promising to use leadership skills and financial acumen honed at private corporations to solve thorny public problems. But experts on leadership and politics say that the leap from one world to the other is fraught with challenges. They warn that the ability to rise through the corporate ranks doesn't always translate into an ability to campaign for office. And managing a city or state, let alone entering a legislative body, has challenges and responsibilities that are much different than those of managing a for-profit business.