To manage or to lead?

To manage or to lead? Is the question all managers must ask themselves. But what does it really mean to be a manager or a leader?

A manager directs resources to complete set goals or projects. For example, a manager may engage in hiring, training, and scheduling employees in order to accomplish work in the most efficient and cost effective manner possible. On the other hand, a leader within a company develops individuals in order to complete predetermined goals and projects. A leader develops relationships with his/her employees by building communication, evoking images of success, and by eliciting loyalty.

Managing is "You do it"
Leading is "Lets do it"

Managing is mechanical
Leading is experiential.

Managing is just process.
Leading is exemplary.