Management and Leadership Paper The difference between management and leadership is an issue that is being discussed more and more in today's business environment. Different points of view and roles in a company both share a common bond in the company structure. The key distinction between these two factors is how they impact business structure. People in leadership roles set the strategic goals for the company; while management implements these objectives and helps them to be realized. Strategic objectives are defined as broad statements that the organization ultimately intends to achieve with its vision and mission. These goals are typically long-term goals that can take ten years or more to achieve. Management takes these long-term goals and divides them into smaller, more defined goals. Leadership typically looks at the bigger picture while management focuses on smaller goals to assist leadership in achieving their long-term visions. Many argue that these goals are the most important aspect of a business, however there are many moving parts that go into making a successful business. Motivation is an important aspect of the management role. For managers to be or remain successful, they must find creative and effective ways to motivate their employees. Unlike leaders, managers have subordinates with whom they supervise work side by side to achieve leadership goals. Effective motivation is vital to a manager's success. In contrast, leaders can look at a larger scale because they have no subordinates to supervise. Managers are paid to get things done, as they too are subordinates. They focus on achieving specific goals where they need the support of their s...... middle of paper ...... stay strong, they must have a strong foundation that starts with their employees. Companies must be able to attract or retain talented employees, otherwise their base will be taken away from them. This becomes a grassroots chair reaction with employees, managers up to leadership. The moment talent starts to leave the business; more stress is put on managers. They begin to shift their focus from managing projects to actually doing tasks themselves, in order to meet the high demands of a project being completed on time. When managers are distracted from their attention or when they are under enormous stress, the quality/effectiveness of the project deteriorates and the ripple effect is also felt at the leadership level. Being able to attract and retain talented employees and having a high level of employee engagement keeps the company pyramid strong and thriving.