Briefly list the essential components required for the effective practice of leadership in today's world.

Effective leadership encompasses the seven foundation competencies of managing self,managing communication,managing diversity,managing ethics,managing across cultures,managing teams,and managing change.However,effective leadership goes beyond these competencies to include several key attributes.These are: (1)developing ideas and a vision; (2)living by values that support those ideas and that vision; (3)influencing others to embrace those ideas,values,and vision;and (4)making hard decisions about people and other resources.