Lao Tzu was a philosopher of ancient China, best known as the author of the Tao Te Ching. His association with the Tao Te Ching has led him to be traditionally considered the founder of Taoism (pronounced as "Daoism").
According to Chinese tradition, Laozi lived in the 6th century. A central figure in Chinese culture, both nobility and common people claim Laozi in their lineage.
The following is said to be a quote made by Lao Tzu regarding leadership.
"The leader is best,
When people are hardly aware of his existence,
Not so good when people praise his government,
Less good when people stand in fear,
Worst, when people are contemptuous.
Fail to honor people, and they will fail to honor you.
But of a good leader, who speaks little, when his work is done,
his aim fulfilled, the people say, "We did it ourselves."
~~~~~~~~~~~~~~ Lao Tzu