This paper attempts to explore if the quintessentially managerial or organisational psychology concept of leadership, specifically transformational leadership could be re-expressed using the taxonomy of the ancient principles of Yoga and the science of Indian psychology. Secondly, if it is possible to develop higher order transformational leaders using Yogic principles and integrating the Indian psychological approaches with the essentially western training process, is the question being explored. Thirdly, the paper also tries to analyse if by using these, a higher order and more holistic definition of transformational leadership could be arrived at, which would broaden the available solution space for solving problems or decision-making. These in gist are some of the questions that the speaker raises and provides directions and issues that could be taken up for further research and may prove to be a meeting ground for the too narrow confines of the present organisational psychology concepts. It is hoped that these would broaden the horizons of the available range of knowledge from which solutions have been or would be derived for the effectiveness of organisations and people.