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How [bad] are the Managers and CEOs of today?

Bad leadership is everywhere with remarkable repercussions on the health of organisations and their ability to add value.

A post on Linkedin by Jay Torres summarises it quite clearly:
Employees don’t really want to quit your company - They want to quit a REALLY bad Manager
Jay has a short list of questions you should ask about one's managers: Do they:
1.  give you clarity on company strategy and goals?
2. listen?
3. feel they're always right?
4. invest in the team?
5. make people go out of their way to avoid them?
"Too many managers call themselves leaders when they are anything but, showing little ability, empathy or humility to engender trust and confidence their staff and others around them. They actually end up driving good people out the door and introduce a spiral of failure and financial loss for their company."
Are business schools failing their stakeholders by not teaching people the right skill set for leading people and organisations? Can this stuff be really taught in two days? Or is it something acquired over years of observation, internalising, and practicing? Does the 10,000 hour rule apply here - people aren't born geniuses, they get there through effort?
Bad management is just as bad as corruption. Too bad we hear a lot about one and not so much about the other.

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