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Leaders are people who do the right thing; managers are people who do things right.

Managers are important: they are leading the company and guiding and have to provide vision and manage the daily business.

Managers will tell people what to do, whereas leaders will inspire them to do it, and there are a few things that go into the ability to inspire.

Leadership is working with goals and vision; management is working with objectives.

Management is about arranging and telling. Leadership is about nurturing and enhancing.

A manager is a guide. He takes a group of people and says, 'With you I can make us a success; I can show you the way.'

Management is doing things right; leadership is doing the right things.

Management manages by making decisions and by seeing that those decisions are implemented.

Management is getting people together to figure out how to transform inputs into outputs. In the process of figuring out the process of how people work together, you've got to figure out who's got what responsibilities, and how do they work together.

There are people who are really good managers, people who can manage a big organization, and then there are people who are very analytic or focused on strategy. Those two types don't usually tend to be in the same person. I would put myself much more in the latter camp.