Oh what great examples are presented to kids these days.

Some of the worst types of hypocrites are thriving.

The first are all the ‘leaders’ who turn out to be crooks—Dennis Kowalski, Jeffrey Skilling, Bernie Madoff and a host of other hedge fund managers—to name a very few.

Then there are those who don’t practice what they preach; worse, they preach from very high profiles and at very loud levels.

I hate using political examples, but they’re the most prevalent.

One such is former House Speaker Newt Gingrich, who acknowledged having an extramarital affair even as he led the charge against President Clinton over the Monica Lewinsky fiasco—which was also hypocritical.

But the bottom of the barrel are folks such as Senator John Ensign, a ‘leader’ of Promise Keepers, an organization which, among other things, promotes a teenage abstinence policy of education, who chose to screw around (pun intended).

Gone are the days when kids listened wide-eyed and respectful to the words flowing from political, business and parental lips.

These days the kids listen, and then check out the actions of the bodies attached to those lips, either directly or by Google.

It’s not about the sex; sex and power having gone together since time immemorial. And it’s not even about who lied when caught. Almost every human lies about sex, including the kids.

A few centuries ago when I was young there was a saying, “People in glass housed shouldn’t throw stones.”

So before you become a ‘leader’ for any cause or attitude, do make sure that your own actions conform to what’s expected of those who follow you.

But be warned; reasons, excuses and apologies don’t cut it with today’s cynical youth.

And if you’re thinking of following, Google the person and make sure that their actions conform to your own standards of ‘acceptable’.

(Be sure to check out Biz Levity’s irreverent look at the Ensign scandal.)

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I received and email in response to last Tuesday’s post about the value of adding QF to your culture’s DNA that absolutely floored me.

“Jess” said that “the disruption caused by indulging in QF” was expensive and difficult considering today’s economy. He said that this wasn’t the time to look for innovation, but to focus on survival; and that even in good times innovation was expensive and not all companies could afford that level of brain power.

Granted, a lot of CEOs have a hunker down mentality right now, but even casual reading will show that the smartest companies, whether large or small, are using this time to innovate and build, so they can move swiftly when things turn around.

But it was the special brain power for innovation that blew me away.

Innovation isn’t about hiring a Steve Jobs think-alike, but about tapping into the people you have and creating a culture that encourages and rewards ideas—even if they upset the status quo.

One of the most innovative and creative business segments these days (and historically) is the wholesale drug trade, AKA, drug lords.

The constant innovation required to smuggle their product is amazing and I doubt that the innovators have special training or degrees from Ivy League schools (other than their financial and legal talent).

The innovation is driven by market forces and necessity.

Creativity is a mindset that can be cultivated in everybody IF the company’s culture supports it and managers have skin in the game.

The requirements for a culture of innovation are already well represented here and in numerous other places.

Skin is accomplished by tying part of managers’ compensation to the group’s innovation.

This requires a well publicized set of measurements, not a boss’ opinion that changes with mood or whim.

(Hat tip to Biz Levity for the drug link. Subscribe if you want to add some business-irreverent laughter to your life).

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Although I read a lot of article and blogs, I’m very particular about what I pass on to you. I often link to a particular post, but have a much more limited list to share when people write and ask what to read daily when they have very limited time.

I find the topics relevant, but there are a multitude of similar topics every day, so what sets the ones I choose apart? Synergistic MAP and the writing.

I admit that I’m a writing snob. Quantity doesn’t equal quality; reading through dense prose bores me, so the ones I like are clearly and concisely written. This doesn’t mean other don’t have merit, it just means that they don’t do it for me.

The point being that you need to find sources that resonate and work for you, not for whoever recommends it.

That said, here are my four favorites.

Jim Stroup is responsible for Managing Leadership. Jim is who you read when you want to stimulate your brain and dig into the philosophical, strategic and tactical ramifications of business and politics. He’s also one of the most charismatic, brilliant writers I’ve found.

Steve Roesler writes All Things Workplace. Steve draws his topics from the situations he deals with every day in his work. His advice is practical, down-to-earth, common sense-based and, most importantly, immediately useable.

Phil Gerbyshak over at Slacker Manager is the guy for whom everyone wants to work. He provides great input, especially for less experienced managers—although I know a lot of executives who could benefit by following it.

Mark Jabo at Biz Levity fills my laugh bucket and helps me keep my perspective. His posts are my way of remembering that in the great scheme of things none of this really matters—except to the archeologists when they dig though our digital trash.

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Last spring I mentioned that I love Mark Jabo of Biz Levity and you have him to thank for this Odd Bit. Mark has a link to Abbott Research & Consulting which has a link to a discussion on Amazon about a toy called Playmobil security checkpoint—termed a “Seriously Disturbing Toy!” I’m not sure which is creepier, the toy or the kids reactions. What do you think?

Next, writing on BNET. Steve Tobak offers up on comments on grandiose, company-crashing visions and profiles the three types of CEOs who have them, with examples of each.

Last, but not least, is from Dan McCarthy at Great Leadership. His post and commentary on The State of Talent Management and link to the full report make useful reading for anyone with a company to run.

All in all, tasty reading for this weekend.

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Last month I wrote an article linking to a study at Harvard on the dangers of hiring based solely on experience.

On a different, and seemingly unconnected subject, everyone has read and heard the term ‘risk’ and ‘risk assessment’ in conjunction with our current economic hell (sorry, I’m tired of all the euphemisms) and most of us wonder what the drugs of choice were for those who were paid to assess said risk.

Now I’m wondering what the drugs of choice are at the New York Federal Reserve Bank, which apparently took titles and job description as proof of competency and hired Michael Alix, “the former “chief risk officer” of fallen investment giant Bear Stearns as a top bank regulation adviser…”

If it’s not drugs, maybe the folks at the Fed made their decision based on the old adage set a thief to catch a thief or to embrace the spirit of Halloween when they made the announcement.

As Malcolm Polley, chief investment officer at Stewart Capital Advisors commented, “It’s like putting the fox in charge of the hen house.”

Aren’t you excited? Your tax dollars at work paying what will be a hefty salary to a guy who played a major leadership role in the current credit crisis.

Ah, America, where so many white collar sins reap such rich rewards.

Hat tip to Mark at Biz Levity who turned me on to this news item and so hilariously skewered it.

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