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A leader should be honest and ethical and should have the ability to delegate the works to right person ,so good analysing capability should be Essential.
Ability to take right decisions at the right time
Ability to lead and motivate the team
communication skills
He shall have the team spirit where he believes in "US" not "ME", where he starts working and applying plans rather than just presenting them to the team, where he takes the responsibilty, where he lets the opinions flow.