This document discusses the key differences between managers and leaders. It defines leadership as influencing and guiding people, while noting there are different types of leaders defined by their position, personality, moral example, or power. Managers focus on processes and following rules, whereas leaders focus on inspiring people to achieve the right objectives. The document contrasts common management activities like planning, organizing, directing, and controlling work with the leadership approaches to each which emphasize strategy, communication, empowerment, and motivation.