As is the Principal, so is the School. The personality of a Principal reflects in the Institution he/she heads. The achievements of the school both in scholastic and co-scholastic spheres depend on the managerial and leadership skills of the principal.Education is the greatest tool to level Social and Economic differences prevailing in the society. India can be brought on the threshold of 21st century mainly through Education.Educational Institutions both academic and professional lay the foundation of overall development through the quality education imparted by them. Quality Education is impossible without quality teachers and quality principals. The institutions can realize the objectives of Quality Education only when the planning and monitoring systems are not only effective but very strong mechanisms has to be developed. All this is possible when the person at the helm is a Visionary and a Missionary. He/She has a vision to fulfill and a mission to achieve; therefore a Principal must have core-beliefs, ideals, and principles which will help in making the institution a learning organization.In this book efforts have been made to incorporate all those Principles, Abilities and Qualities which the Principal must possess to administer, monitor, supervise, guide and Lead. It is indeed a pleasure for me to have shared my own experiences and experimentations of Principalship in the book.