The purpose of this article is to analyze some aspects of vital importance to educational organizations: Educational Leadership. Leadership is a big issue that has being an interest for many authors. The term gives a connotation of images that include powerful, dynamic and intelligent people. The majority of leadership analysis recognizes the fact that it can occur in all the organizations. This article suggests a brief explanation of what leadership means, and it explains two theories that have been developed and have an impact in the educational system: the transactional theory and the transformational theory. Therefore, this article mentions some basic elements about transformational leadership in a school´s principal. Finally, there is an explanation about the vision of an educational organization and how this one links its leadership with the educational organizations in general.