Leader is one who can influence a group of people to achieve a common goal.

Leaders are different than managers as managers are to manage while leaders
are to lead. Managers are good in managing day to day business issues &
problems while leaders are good in taking lead in uncertain environment. While
managers are having key skills to manage company short term goal like
quarterly target, yearly target etc. Leaders are required to give major direction
for future of company.
Risk taking is one of the key issue involved in case of leadership.
Leadership can be seen in different segments, different times and different types
also. Based on some common qualities leadership can be classified in categories.
Managers need to struggle with variations while leaders need to struggle with
change.
Need of leadership in organization:
o
o
o

To challenge status quo

Giving vision to future
Inspire organization members for want to achieve vision