What is the Difference Between Management and Leadership and Which is the Most Important
Andrew Parker, Director, Australia
In answer to your question, put simply you need to ask a different question. Your question should be, What is the most important element of Management?
Leadership is one of the four key functions of Management alongside with Planning, Organising, and Controlling. See also the POSDCORB Model
that distinguishes 7 functions of management of which leadership (Directing) is also one.
So in my view, the answer is there is no difference, Leadership is part of Management, not an element that is different from it.
As it is an element of the concept of Management, it follows that Leadership is an equally important element as Planning, Organising and Controlling.