Management and Leadership.

According to some, managers are principally administrators - they write business plans, set budgets, and monitor progress. Leaders on the other hand, get organizations and people to change. Management is a function that must be exercised in any business, leadership is a relationship between leader and led that can energize an organization. As a result, the role of management in the American workforce has shifted, and today's managers, more and more, have to develop some …

…is not as sharp as the saying would suggest, and both are required for effective corporate growth: leadership risk creates opportunities while management strictness turns them into tangible results. Great leaders create and maintain a healthy organization culture. By doing this, employees know where the leaders stand. References: Bennis, W.G., Why Leaders Can't Lead. San Francisco: Jossey-Bass, 1989. Drucker, P.F. The Practice of Management. New York: Harper and Row, 1986. <Tab/>