This document discusses an ontological-phenomenological model for understanding leadership and effective leadership exercise. It argues that most leadership is studied and taught from an "in the stands" perspective rather than an "on the court" first-person experience. Extraordinary leaders are effective because they see and interact with situations differently than others. The way a situation occurs for a person shapes their actions, so leadership is about committing to a desired future and acting in the present to realize that future for all stakeholders.