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Main navigation. The Most Important Leadership Characteristic. In their landmark leadership book The Leadership Challenge, Jim Kouzes and Barry Posner share that the most important leadership characteristic is credibility. Based on extensive research over two decades, they boldly claim that âmore than anything, we want leaders who are credible.
, interviewed 75,000 people to. identify the top ten characteristics needed in a leader. Their list includes the following characteristics: Behavioral Theory. Behavior theory focuses on what an effective leader âdoes.â Leadership is not something you are born with, nor do you need a set of commonly accepted traits. However, effective leaderÂ­ship is dependent on the right behavior.