In growing competitive environment survival of
an organization largely depend upon the organization
leader. Growing complexities and rapidly changing society
with competitive pressure for higher levels of productivity
requires effective and ethical leadership. To be successful
organization in present era of competition effective,
efficient and ethical leadership are essential requirements.
Thus this study is carried out to analyse the importance of
effective leadership, its essential qualities, its relatedness
with universally accepted principles and requirement of
leading. In addition this study also analysed the impacts of
effective qualities of leadership. This study is outlined in
five sections. First section deals with introduction. Second
section deals with selected literature reviews. Third section
deals with requirement of becoming legendary leader.
Forth section deals with impact of good leadership. The last
and fifth section deals with finding and conclusion.