I recall reading the book executive leadership prior to starting my first career. After working in an environment where lack of leadership forced me to develop my personal skills I realized the immense need for direction. I feel that leadership, is a responsibility to lead your team to victory, but also to boost company wide moral, and keep individuals on track.
Type X vs. Type Y
Both are right, both are wrong, and in the proper situation a combination of both can create an excellent means to motivate, and discipline to keep the company's goals, and discipline of execution in line of sight. The last two years in management displayed how truly important it is to correct your employees, and even more important than correction is reward. I tie a great deal of reward to any positive action. I establish an environment that will lead with more rewards.