Answer:
Leadership is the potentiality to influence behaviour , primarily towards group encouragement towards short term goal realisation & also motivating them them to achieve long term visions.
Management is the letting work done by strategisation, organisation & coordination of people & activities to achieve defined objectives.
Differences between Management & Leadership:
Leadership includes establishing strategic decision & refining vision . Management includes planning & budgeting , developing processes & setting timelines.
Management as in idea has more essence of focusing on objectives, tends to mitigate risks. Leadership as an idea is based on vision & relationship enhancement , taking risky decisions for it .
Managers plan, allocate & synchronize individual efforts in line of objectives. Leaders motivate, encourage & energise individuals in line of the vision.