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But does change really should try to start with leadership? Solution is a real "no." There are numerous examples of large-scale organizational changes that started as either grass-roots efforts or small trials without much leadership involvement. Plus, ideas for change initiatives frequently come from people lower on the org chart who tend to be directly influenced by the problems and challenges of the firm.

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"The hope is that, obviously problems can be resolved before a Congress adjourns. And obviously we are typically hopeful how the leadership will have a way to come together, to discover a way to get rid of these difficulties. These are tough decisions. I've been there, I know how tough nevertheless. But they can carried out. They can do the program. It will take some risk, but that's part among the game, essentially have to adopt risks as a way to do the right thing. And I hope they do that", Panetta said.

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