The article suggests a vital leadership model for today's business environment, which is based on trust and transparency between leaders and employees. Relationship development is the single- most critical success element for any leadership model in an organization. Leaders who develop powerful, purposeful, and productive relationships are more likely to inspire greater productivity, career growth, innovation, and overall employee performance which are responsible factors for an organization's success. Moreover, an employer-employee relationship based on mutual benefit and commitment will leave a positive impact on the company's bottom line. Powerful relationships are based on goodwill and a mutual commitment to a common purpose that provides inspiration, affirmation and personal transformation. These relationships emerge only through the presence and practice of five key components, namely, goodwill, authenticity, results, empowerment, and connectivity (GRACE). GRACE-ful leadership occurs when all five GRACE components work together to create a purposeful, powerful, and productive relationship that reflects the capacity to create value and to recover from mistakes.