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Leadership is one of those skills that cannot be easily taught. You can sum up leadership as doing the right thing. Here are some traits of a great leader: honest, forward looking, inspiring, and competent.
A leader needs to put theory into practice. Strangely enough, a leader must make decisions that are not fashionable. A leader has to get a company into a business where it can thrive.
Next time I will continue this track on describing what a leader ought to be.