Leaders who frequently come late to meetings create one of the ultimate forums of waste. Having 10, 15, even 20 or more people sitting around waiting for the leaders to arrive is simply wrong. It shows no respect for the leaders people, completely wastes people (companies) time. It also displays arrogance on behalf of the leaders….he or she comes late because they can! I understand emergencies, but frequent episodes of lateness is very poor leadership and speaks volumes of the leader.