According to Hefferman (2002) the future of business depends on women (cited by Eagly and Carli, 2003). They also point out the fact that the leadership has historically been perceived as “masculine enterprise” with stereotypically masculine qualities in leaders. But stereotypically feminine qualities as cooperation, mentoring and collaboration are important to leadership as well, especially now in contemporary organizations. Russel, Rush and Herd (1988) highlight the difference of male and female leadership in their leadership behavior. In their study they hypothesized that an effective female leader would be expected to exhibit higher level of consideration behavior than an effective male leader. We