What is one characteristic that you believe every leader should possess?

Delegation of rights and trust in his team/followers.

have a vision and can plan according to the company's strategy 

Thanks 

Actually they are two in my opinion 

- team capacity building 

- ability to create new leaders 

Initiative & Self Motivator 

Thanks for Invitation:

The most important Characteristic every Leaders should posses is "MOTIVATION" i believe.

A simple word you did very well, you can achieve or do more, will always help him/her grow further. 

Hope you will appreciate my answer.

1. Delicate by example; get involved

2. Put trust in team

3. Work hard, party hard

4. Clear vision, goal oriented

Honesty

Efficiency and effectiveness

Practical experience

Self confidence

mutual respect

Strong personality

Decision making

I feel

"HONESTY"

It is the most important characteristic of a Leader.

Thanks for invitation,

I do believe that the most talent is the "Team Building".