Leading software development teams requires strong leadership skills and an understanding of human psychology. Key aspects of leadership include communicating vision, delegating tasks, checking progress, mentoring employees, and adapting to challenges. Successful teams have a culture of quality, allow diversity, and keep core members together across projects. Motivating factors for software developers include varied work, problem-solving opportunities, recognition, participation in impactful projects, and learning. Hiring the right people is critical - the best performers can be 10 times more productive than average. Interviews should evaluate programming skills and determine character traits like initiative and enthusiasm.