INTRODUCTION Managing and leading are two completely different ways of organizing people. Leadership is an individual's ability to control, encourage, and enable others to contribute to the efficiency and success of the organizations of which they are a part. On the other hand, management includes the direction and control of a group of more than one person or entity with the function of coordinating and harmonizing the group towards the achievement of an objective. Management is defined as the control process that ensures that performance errors are flagged and corrected through feedback. Managerial processes are almost the closest to fail-safe and risk-free. The contribution of leadership is to encourage, motivate and energize people by satisfying the essential human needs of achievement, self-esteem, recognition, a sense of belonging, control over another life and the ability to live up to one's ideals. The best leaders encourage people by building the vision appropriate to the specific group, supporting the employee with appropriate training, feedback, role models and recognizing and rewarding success. Leadership also defines people as they manage, control and create results, while management is one who has lesser skills than leadership. (Yukl, “no one has proposed that leadership and management are equivalent, but the degree of overlap is a point of strong disagreement” 2006, p5). Management functions may provide leadership and leadership actions may contribute to management, but yet different leaders do not manage and different managers do not lead. This is Bernard Bass's assessment in his 1,200-page work, "Bass and Stogdill's Leadership Handbook" (page 383). Warren... middle of paper... However, as a result, GE became an extremely booming company under his management and his team was always keen to follow his lead as the people under his management knew that he would forever keep his word. CONCLUSION The conclusion of the report is that management and leadership are both different concepts as the manager uses reserved approach, rational and formal method while on the other hand the leader uses his passion and arouses emotions. From the above discussions it is very specific that there is a strong demand for leadership even in areas where the demand is verbal or essentially managerial in nature. Managers at all levels play a significant role in developing the self-assessment project through known business excellence and performance evaluation models and have a strong impact on the company's path to excellence.