Differences between management and
leadership
Management is concerned with: executing routines and maintaining organisational
stability, it is essentially concerned with control;
An essential part of management is co-ordinating the activities of
people and guiding their efforts towards the goals and objectives of the
organisation. This involves the process of Leadership and the choice of an
appropriate form of action and behavior. (Mullins ,2010)
Leadership is concerned
with: direction setting, with novelty and is essentially linked to change,
movement and persuasion. (Grint K.,2005)
Management can be taken as
a discipline of managing things in the best possible manner. It is considered
as an art or skill of getting the work done by subordinates. It can be found in
all the fields, like Banking, Health Sector, Education, sports, every offices
etc.
Leadership is a quality
of influencing other people or subordinates, so that the objectives are
attained willingly and enthusiastically with the blessings of followers. It is
not exactly same as management. But leadership is one of the major element of
management.
Management Process
What
is management? And from where it starts? The answer is management starts from our
home. All of us have seen our mother or wife taking care of family needs
whether they are small or big, maintaining the budget of the household, takes
decisions regarding investment or finance, makes plans for our future, keeps a
check on our activity, organizes the schedule, guides and motivates us for
achieving our career objective etc. that’s all management. 
These
are the functions of Management, i.e. Planning, Controlling, Organizing,
Leading & Motivating and Decision Making.
Leadership Skills
Leadership basically
requires two types of skills
       I.           
Intellectual
Skills       Developing a direction and vision.
                                                  Making strategic decisions.
    II.           
People
Skills               Influencing others.
                                                  Interacting with peers, employees, clients, superior
| 
BASIS FOR COMPARISON | 
LEADERSHIP | 
MANAGEMENT | 
| 
Meaning | 
Leadership is a
  skill of leading others by examples. | 
Management is an art
  of systematically organizing and coordinating things in an efficient way. | 
| 
Basis | 
Trust | 
Control           | 
| 
Emphasis on | 
Inspiring People | 
Managing activities | 
| 
Power | 
Influence | 
Rule | 
| 
Focus on | 
Encouraging change | 
Bringing stability | 
| 
Strategy | 
Proactive | 
Reactive | 
| 
Formulation of | 
Principles and
  guidelines | 
Policies and
  Procedures | 
| 
Perspective | 
Leadership requires
  good foresightedness. | 
Management has a
  short range perspective. | 
                                              Famous leaders in the world                                                                                                                      
Key Differences between
Leadership and Management
The major difference
between leadership and management are as under:
- Leadership
     is a virtue of leading people through encouraging them. Management is a
     process of managing the activities of the organization.
- Leadership
     requires trust of followers on his leader. Unlike Management, which needs
     control of manager over its subordinates.
- Leadership
     is a skill of influencing others while Management is the quality of the
     ruling.
- Leadership
     demands foresightedness of leader, but Management has a short range
     vision.
- In
     leadership, principles and guidelines are established, whereas, in the
     case of management, policies and procedures are implemented.
- Leadership
     is Proactive. Conversely, management is reactive in nature.
- Leadership
     brings change. On the other hand, Management brings stability.
Conclusion
Leadership and Management are interrelated in
nature, if there is management, there is leadership. So this two terms are
inseparable. To become good manager that person requires leadership skills to
inspire his subordinate to achieve organizations goals. In an organization, you
can see both management and leadership. When we consider a department there is
a manager and a number of leaders who work with their teams in assisting the
organization in the accomplishment of their goals. With their talent and
skills managers play the role of a leader too, at the demand of the
organization. So both are mutually beneficial for each other being a complement
too. An organization needs both managers and leaders for its growth and
survival.
Leadership is all about persuading people in
a positive direction for digging out talent in them and Management is about the
arrangement and maintenance of the 5M (Money, Manpower, Methods, Materials and
Machinery) while So all leaders are managers but all managers are not leaders.
Reference
  
Grint K.
(2005) Leadership: Limits & Possibilities, Palgrave Macmillan, pp 15  
Robbins SP., DeCenzo DA., 3rd Edition,
Fundamentals of Management, Pearson Education Asia, pp344



