Over the past several decades, the phenomena of leadership continue to predominate in mainstream business and healthcare literature. Working as a nurse leader requires complex skills and competencies that could affect not only staff, but also patients. Leadership development is a lifelong process. As nurses progress throughout their careers, they will face new challenges. The need for change will always exist and as the circumstances of nurse’s lives are constantly altered, the leadership skills also need to be refined, renewed and further developed. Thus the study was conducted to find the impact of the Leadership Development Package on leadership competencies of the participants. The aim of the study was also to identify the organizational climate that was present in the organization and to determine the satisfaction of participants with the leadership development package. Finally, it was also to find the readiness and commitment of key management personnel towards the implementation of leadership development package in the institution. A qualitative research approach with a descriptive research design was employed. 60 head nurses and 60 undergraduate nursing students in experimental and control groups participated in the study. The data was collected using the organizational climate rating scale, focus group discussion format for head nurses and undergraduate nursing students and structured interview format for the key management personnel. The findings of the study revealed that the head nurses and undergraduate nursing students found the LDP to be very useful and were highly satisfied with it. The key management personnel found the need to develop leadership skills among nursing personnel’s and were ready to implement the LDP as per the institutional needs.