Admissions experts say that often you'll find examples of your leadership or potential for leadership when you're interacting as part of a group or team, even if you weren't the head honcho.
The head honcho is like the main guy at the top of the company, a top executive, the person in charge, and this person has a lot of authority, responsibility, and influence.
Although Colonel Sanders and Dave Thomas could not be everywhere in a nationwide chain, no local franchise owner could take a chance on seeing his profits being thrown into a garbage can by the head honcho of the chain.