This document summarizes key points about leadership from the book "Leadership In Action" by J. Keith Murnighan. It discusses that leaders must have vision and communicate well to help others see a better world. Effective leaders facilitate groups by allowing those most talented at the current task to assume leadership, as no one can do everything. While performance goals are important, leaders must also focus on learning to add to their knowledge, as outcomes depend on many factors beyond one's control. Leaders should ensure their values truly guide their actions by reflecting on them periodically. When taking action, it helps to think of leaders as team builders, decision makers, negotiators, and passionate.