Management is the process of planning, controlling, organizing, and evaluating the tasks and utilizing resources to achieve organizational objectives. Management hierarchies were formed because small businesses observed phenomenal growth and it was difficult for the few individuals to operate and drive the business. As a result, management hierarchies were created as a method of maintaining control over things such as planning, budgeting, reporting, and organizing. Good management means that even in the most complex organizations everything happens and flows in an orderly and controlled manner (McKay, 2005). On the other hand, leadership is referred to as the process of initiating and coping with a dynamic change. Under the contemporary environment, change is considered to be a vital factor as we are observing significant changes in technology, competition, regulations, demographics, and economic conditions. Hence it is necessary for the organizations to tackle and adapt to such changes in order to trounce their rivals. Leadership is influencing people to get things done to a standard and quality above their norm (Stimmel, 2008).Kotter in his book A Force for Change describes the purpose of leadership as and bringing and driving a revolutionary change. and the role of management to provide stability, consistency, order, and efficiency (as qt. in DeGrosky, 2006). While management focuses on coordinating and controlling the complex processes that have emerged after significant organizational growth. leadership is about challenging existing ways of doing work and reengineering the current business processes and thussetting new directions for the organization.