Greeting!!
During discussions at the university, this question was posed to us vulnerable students on the verge of "sleep" breakdown. With the sleep-wave over-powering our senses, no one had the mind to think about this question. The answer came in the form of the following video:
Truly, if the same things were explained in never-ending strings of words, it would've been impossible to retain. However, this helped us a lot. Though this video does not talk about Leaders, it definitely tells a lot about what Leaders should be able to do - MOTIVATE.
There is no perfect universal recipe for an effective leader - it largely depends on the followers and how they are willing to be led. The traditional mix of a leader mixes together the ingredients of charm, influence, motivation, knowledge, skills and communication power. Nowadays, Leadership has become as versatile as acting - you need to fit in infinite numbers of unique roles to stay "in". However, the choice is largely yours - whether you want to lead or to be led.
Peace.
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