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This paper explores, theoretically and empirically, some relationships between self-development and leadership development. A theory about consciousness and leadership practices will be presented drawing from both modern science and the oldest texts on consciousness, the Vedas. Empirically, in a small, preliminary eight-month pretest-posttest control group study in one company, 24 subjects who learned a standard self-development technique, Maharishi's Transcendental Meditation, grew more in their expression of leadership behaviors, measured by the Leadership Practices Inventory, and expressed in individual and group interviews (0.05 and 0.01 significance).