Are leaders born or made? Trait theory claims that leadership is intrinsic intelligence. While the behavioural theory has debated that leadership requires vision, decisiveness, confidence to take risks, and these can be successfully developed by an individual. As the new industries are emerging, and at the time of COVID-19 pandemic, it is evident that leadership traits are practised and adopted when required. The swift transaction of the manager to become a leader is explained pre-eminently utilizing “be-do-know” model of leadership. For the study, 52 consultants from distinct industries such as IT/ITES, FMCG, agriculture, pharmaceutical, automobile, and manufacturing were administered through a questionnaire and interviews. The study clearly indicates that stimulus such as organizational change, innovation, crises, and correction spin-off the development of first-time leaders.