Major objective of this article is to describe Leadership Awards. Several company leaders never consider using the award/reward system simply because feel it may be too costly especially nowadays of a anxious economy. However, it is our belief from past experience that it is something too vital within a company culture to be able to dismiss. It may cost less to have award/reward system in which creates an setting of eager staff members vying for awards so one of these do all they will to out-perform one another than to make a decision not to put it in motion. Leadership awards for excellence is a thing every company should be using as something for better output and increase profitability of an organization.