This article explores the critical leadership competencies required for the successful management of megaprojects— large-scale, complex ventures exceeding $1 billion in cost and spanning multiple years. Given that only 8.5% of megaprojects are completed on time, within budget, and with intended benefits, effective leadership is vital. Successful megaproject leaders combine technical expertise with systems thinking, transformational leadership, and the ability to navigate complexity and uncertainty. They prioritize stakeholder management, communication, and people leadership, while maintaining a strong foundation in project management. Drawing from existing frameworks, including the HELIX systems engineering model, the article proposes a new framework for developing the unique skills needed for megaproject leadership. This framework emphasizes the integration of technical, interpersonal, and enterprise leadership skills, which are crucial for managing the challenges inherent in these large, multi-stakeholder projects. The paper advocates for a shift in how leaders are selected and developed, focusing on their adaptability, strategic thinking, and ability to lead in uncertain environments. The goal is to improve the success rate of megaprojects through more effective leadership development and selection strategies.