Final answer:
Effective leaders possess charisma and understand the needs of their followers, while also adapting their leadership style to the situation.
Step-by-step explanation:
Effective leaders who inspire people towards a common goal possess several characteristics.
Firstly, they have charismatic authority, which means their personal qualities and appeal draw followers to them. These leaders often emerge in times of crisis and offer innovative or radical solutions.
Secondly, they understand the individual needs of their followers, providing developmental opportunities and pushing them to grow.
Thirdly, effective leaders can have different leadership styles, such as democratic, laissez-faire, or authoritarian, depending on the situation. Each style has its own advantages and risks.