To provide the 21st century world with leaders of great breadth and versatility and understanding is a big challenge. Leadership role demands perspectives, worldviews, and beliefs; a passionate commitment to some values, ends, or, ultimate purposes balanced by a sense of responsibility and proportion that depends on listening to others, maintaining humility, and a sense of humour. One can dig into classical literature and obtain significant insights into content and process of leadership and decision-making. The available material is vast. How do we select relevant pieces of literature, interpret them, and relate them to problems of organizational leadership and decision-making? These are questions which have no simple heuristic answers. They involve a continuous life-long process somewhat like the case method. The approach has to be illustrative. This paper attempts to explain this new trend in business education.