Organization at present are highlighted with a need for both effective leaders and managers in order to perform its activities in an efficient manner. Diverse people have a different way of looking at the aspects that are associated with “leadership” and “management”. Some people considering the terms as synonymous use them interchangeably in phrases, while in others opinion the terms are so different that they believe a good leader and a good manager cannot exist at the same time. This essay is written with an objective to compare the two important ...