Evan Davis and his executive panel discuss what good leadership consists of - how do you turn a mediocre manager into a brilliant boss? They also swap thoughts on surviving on 20% less of everything. How would their companies cope, and what would they look like?

Joining Evan are Martin Gilbert, chief executive of fund manager Aberdeen Asset Management; Allan Leighton, chairman of set top box maker Pace; and Nigel Whitehead, group managing director of BAE Systems. Show less