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Politics is not about management – it's about creating a narrative that can inspire and can bring people along in a certain direction.

In these political times, that's more difficult, you must plant your flag somewhere, and someone will get upset. You have to be able to take that in your stride.

We're starting to realise that business is a major force in deciding the sort of society we live in- and so the role of business must be more in tune with political, social and moral norms of the day.

Running a business is a challenging job, but until relatively recently, that job was simplified to the extent that you had one target – make as much money as you can for the shareholders. Now, you have to balance a multitude of targets which makes it much more challenging.

We need a change from managers to leaders. We need people who can understand the political and moral structure of their companies, and who can motivate and bring people to go in the direction of those values. That's true leadership.