Good morning! Managing employees does not automatically make one a leader. Effective leadership requires a set of four skills that must be honed, according to Kausik Rajgopal, PayPal’s executive vice president of people and sourcing: perspective, motivation, planning, and renewal. Developing good leaders, however a company chooses to define it, rests on HR heads who commonly invest thousands of dollars annually in leadership development training—and for good reason. Successful leaders enhance value creation, boost employee engagement, form more collaborative teams, and see increased employee morale and retention. Rajgopal spoke with Fortune about the must-have leadership traits execs should exhibit and...