The Essence of Leadership

What is more important, leadership or teamwork? Leadership or consensus management? Today we hear frequently about teams, team-building, and teamwork on the one hand and management by consensus on the other. Although both teamwork and consensus building are critical skills in a leader, neither are substitutes for capable leadership itself. Instead, both, as commonly practiced in business today, are an over reaction to past autocratic management styles.

What really is leadership? My working definition of leadership is: