The document discusses what makes effective leadership. It lists personal traits like self-confidence, initiative, and communication skills, as well as managerial traits such as administrative ability, technical knowledge, and ability to deal with people, that effective leaders possess. It also discusses prerequisites of leadership like developing voluntary cooperation, exercising authority when needed, building confidence in followers, and effective communication. The document emphasizes that true leadership requires confidence, courage to make tough decisions, and compassion for others' needs.