The article is based on descriptive theoretical research and focused on two notions such as ‘leadership values’ and ‘values based leadership’. These two concepts are not compared, but every of them is described separately by highlighting general characteristics and showing their broad complexity. Both notions are not related to ethics and / or morality, as the aim the literature review was to provide insights on leadership values and values based leadership. The research question was the following: What aspects include two concepts such as ‘leadership values’ and ‘values based leadership’? Fourteen leadership values are provided and in the summary the three unifying aspects are presented and discussed – personality, interaction(s) and relationship(s), and action(s) / work. The common and flexible leadership values are presented. Values based leadership is discussed generally and four principles of this leadership are distinguished – self-reflection, balance, true self-confidence, and genuine humility. Also positive and limiting values based leadership shortly is discussed. The conclusion is focused on the idea that the leader needs to regain and maintain trust. Positive values based leadership goes beyond leveraging strengths and making meaning. Values based leaders who engage their employees and help them flourish in life. And for their organisations they boost productivity, creativity and financial returns. Leading and evaluating success based on values is the best way to build a high-performance culture in organisation.