Leaders know their industry, their charge and themselves, and they solve problems, fast.
They arm their people with what they need to succeed, and constantly strive to improve the work environment. Good leaders are courageous, clear and confident; they inspire others to achieve - inspire performance excellence.
Leaders are authentic and positive, they manage through influence. Integrity, decency, hard work, loyalty and other important traits are a given.
True leaders are this and more: they are 'evangelists' for their company, product or brand. They establish ambitious goals and build consensus amongst stakeholders.
Leaders are the Captains of industry, the masters of the ship, and they are are able and willing perform every job that needs to be done, take care of every detail.
Leadership is that winning combination of formal, informal and experiential learning, interpersonal communication skills and drive. The belief that success is the only outcome. Bureaucrats say "go" but Leaders say "Let's Go!"