What Makes a Good Leader?

I just read an article from Executive Leadership by Air Force Reserve Maj. Gen. William A. Cohen , a professor of leadership at California State University. He lists eight (8) characteristics that set apart good leaders from great leaders:

1. Maintain absolute integrity
2. Know your stuff.
3. Declare your vision.
4. Show uncommon commitment.
5. Expect positive results.
6. Take care of your people.
7. Put duty before self.
8. Stand out in front.

Of particular interest to me was #3, Declare your vision. He expands on this, "In fewer than 25 words, can you recite to yourself how your organization makes money and where you plan to be in five years."

I would add, Can you recite your Personal Mission Statement in fewer than 25 words?