Even the greatest musical conductor cannot make music without an expert orchestra that is inspired; without a team to ensure the production is put on; and an audience to attend and fund the venture. There are a number of stakeholders within any organization -- employees, stockholders, customers, vendors, professionals (legal, accounting, banking) that have a vested interest in seeing the business succeed. Including and using those stakeholders based on their expertise is the mark of a good leader. Understanding of the particular psychology of the organization with which one works -- People are different, organizations are unique. Regardless of the strategic direction and goal, a good leader takes the time to understand the particular demographics and psychographics of the organization and appeals to the strengths of the resources, and tries to minimize the weaknesses. Taking the time to do this often uncovers true...

Without taking the time to look upon these resources, the leader is leaving capital on the table.
The ability to effectively communicate vision -- the greatest ideas and vision in the world are for naught if that vision cannot be communicated. A good leader learns how to effectively communicate, understanding that communication is a two-way street -- communication and understanding…. Both are necessary. Audiences are different, so the better leaders choose their message and their delivery to fit the group or need, while still retaining veracity and honesty.

The desire and ability to motivate and empower -- Finally, a true leader has the ability and desire to motivate and empower. Empowerment means a win-win situation; the employee is actualized, the business succeeds, and all are rewarded.