The debate on leadership and about what makes a good leader is a long standing one. There have been many theories and schools of thought regarding leadership. The most famous of these debates is the one about whether leadership is an acquired trait or an inborn quality. Many studies and practical examples have established the fact that leadership has absolutely nothing to do with seniority, titles or a set of personal attributes. Many business forethinkers say that the only acceptable definition of leadership is the ability to empower others, translating vision into reality and influence others. It is a process of social influence, which maximises the efforts of others towards the achievement of a goal.