This paper made a study on academic leadership and found that leadership in academically poses problems that are noticeably different than leadership in government agencies and companies. Paper absorbed that academic leaders need to work closely with teaching, learning, research, and scholarship to bring out the best among academics. A literature survey is done on academic leadership in higher education (HE) and issues on freedom of academic, which shows the great importance and relevance in this context. The paper discusses the University Governance Architecture and New Education Policy (NEP) for leadership and effective governance in HEIs, the current scenario of higher education is undergoing a paradigm shift due to, among other factors, globalization, internationalization, cross border exchange of students and student mobility. The higher education literature suggests that alternative leadership styles are replacing the traditionally held definitions of leadership and provide new and different (and possibly superior) ways to understand leadership. This article looks for parallels within current leadership literature to see if community colleges administrators used the alternative language or emerging definitions of leadership to self-describe their own leadership Since education at all levels has become a key driver in economic and social development, universities must reorient their focus on the needs of society and the economy. Autonomy in governance and management in education has become the prerogative of higher education institutions and optimum allocation and use of resources have become one of the chief aims of all higher education institutions.