This article explores what factors are important in developing the future leaders of the US intelligence community in the post-9/11 security environment. It surveys traditional leadership theory to assess whether any of its perspectives are applicable to understanding leadership in the intelligence context. It argues, that although some leadership theory may be applicable, the intelligence studies field may be better served by developing its own body of leadership theory. Second, any leadership theory needs to consider together the two synergistic components of intelligence leadership: personal leadership development and the ability to lead organization reform. Furthermore, the role of intelligence governance may be the most critical factor in promoting better leaders of US intelligence agencies and the broader community.