What is a key characteristic that leaders must possess according to the text?

A key characteristic that leaders must possess is the ability to envision the future while being grounded in reality. This means that effective leaders can develop a clear vision for the future, setting strategic goals and aspirations, while also understanding the current context, limitations, and resources available to them. This balance allows leaders to create achievable plans based on realistic assessments of their organization's capabilities and external factors.

Leaders who possess this characteristic can inspire and guide their teams toward a common goal, ensuring that the vision is not just an idealistic dream but a practical pursuit that can be reached through informed decision-making and strategic planning. This approach fosters trust and credibility in leadership, as team members feel secure knowing their leaders are aware of the present circumstances while motivating them toward a hopeful future.