I was exchanging emails the other day with Dave Ulrich, my co-author on Asian Leadership, and asked him what he was working on. He answered that he was pretty interested in the link between CEO actions and stock price.
We focus on what it means to be in charge to understand leadership, but this is a confused mixture of leadership and management. We need to look at leadership in a broader sense to develop a general understanding.
You may need charisma to get elected to high office, but there is such a thing as small scale local leadership. For example, a technical expert could promote a new product idea to her colleagues by demonstrating how it works or by making a hard-hitting factual case for it. Our concept of leadership is totally distorted by our narrow focus on business and political leadership - what it means to get appointed to high office. Style is only a situational matter.