Every business organization and its managers must possess the qualities and characteristics of modern leadership, as well as an elaborate business strategy because it directs a common view forward, creates concrete plans, where strategic leadership is the core of the business process. When thinking strategically, contemporary leaders have a broad view of an organization’s overall business because they know what their responsibility environment is. Therefore, they, in accordance with the developed leadership, plan and make long-term goals and decisions that they implement in accordance with their strategic plans. Modern leadership is a challenging field for implementation without the right tools. From visionary to authentic authority, there is a wide range of modern leadership styles that managers can choose to create a successful business organization according to their visions. The mission of modern approaches to leadership is to support leaders who strive for a better world. Investing in leadership development and unlocking the development potential of leaders guarantees companies long-term benefits. Furthermore, they promote creative solutions in innovative change processes. The goal of modern approaches to leadership is to create a circular economy, not more unlimited growth. Leadership always considers the consequences of its actions for people and ecosystems, where a responsible manager strives to leave the world better than he found it.