This report provides an analysis of Telstra Corporation Limited's leadership practices, focusing on its initiatives related to people, culture, and contemporary leadership within the Australian telecommunications industry. The report examines performance-related initiatives, such as the Values Program, which emphasizes employee empowerment, rewards, and flexible work arrangements to enhance productivity. It also explores culture-related initiatives, including the Telstra Leader Programme (TLP), designed to foster a collaborative environment and improve leadership capabilities. Furthermore, the report delves into engagement-related initiatives, such as learning and development programs and employee engagement surveys, which aim to improve employee satisfaction and customer experience. The report concludes with recommendations for Telstra, including increasing work-life balance, fostering a collaborative culture, and regularly assessing employee engagement to maintain its competitive edge and sustainability in the industry. The report references various academic sources to support its findings.