This document discusses several theories of leadership, including: 1) Trait theory, which identifies traits like credibility, creativity, and intelligence that effective leaders possess. 2) Behavior theory, which assumes leadership can be learned and focuses on styles like Blake and Mouton's grid that identifies styles from country club to produce or perish. 3) Contingency theory, which says the most effective leadership depends on situational factors and followers' readiness, with styles ranging from directing to delegating. 4) Finally, it identifies 14 characteristics of effective leadership like integrity, self-confidence, caring for others, and having a positive attitude.