Leadership has been recognized as one of the major factors that distinguished successful organization from unsuccessful organization. In most of the cases the factor that lead towards better realization of firm's long-term goals and objectives are leadership that consistently inspires, motivate and influence the behavior of the members of organization to accomplish the long-term goals and objectives of business organization. In most of the cases, it’s the leadership that could carry out an organization out of crises and could assign it a new direction and a sense of purpose to chase its long-term goals and objectives. However, in reality very few organizations are gifted with individuals who have the desired leadership skills and talent who could make the real difference by working in an innovative manner to accomplish a firm's long-term goals. Organizations, that are fortunate to have such leadership usually lead their industries and enjoy long-term growth and success.