IPA: /ˈliːdəʃɪp/
KK: /ˈlidərˌʃɪp/
The ability or position of guiding a group or organization, often involving making decisions and providing direction.
Her leadership inspired the team to achieve their goals.
Leadership → It is formed from "lead" (from Old English *lædan*, meaning to guide or direct) and "-ship" (meaning the state or condition of). The word "leadership" refers to the state of guiding or directing others.
Think of someone who is 'guiding' ('lead') others and is in a specific 'state' ('-ship') of doing so — that's what leadership means.