There is debate about whether the recession could have been prevented and what role business leaders played in creating it. However, the more important question will be: what have we learned? Here are three rules the recession has taught leaders to follow:

1. Prevent problems

Business culture focuses on problem-solving, but true leaders need to figure out how to avoid problems in the first place.

2. Keep two lists

One list is what motivates you and the other is what worries you. Know yourself before you tackle your business and you will be a more effective leader.

3. Focus on the “so what?”

Leaders need to know what the point of their work is. To create stakeholder value? Keep customers? Make the world a better place? Post-recession, what should the ultimate goal of your organisation’s work be?