An effective leader should have the following key characteristics according to the document: 1. Be follower focused, promote a vision, encourage employees to have fun at work, and lead to serve. 2. Additional characteristics include being bold, true to yourself and loving your job, making others feelings a priority, criticizing privately, having an open mind, listening well, and continuously learning and improving. 3. The document provides definitions of leadership and a leader, lists qualities of a good leader, and characteristics of an effective leader, and concludes with examples of videos related to key points.