Leadership is the process of influencing other towards the accomplishment of goals. It is the ability of a manager to induce subordinates to work with confidence and zeal. A key to effective leadership is helping followers to achieve their respective essentials goals as well as their maximum potentialities. Dynamic leader, therefore, should have the ability to awaken in other the desire to follow a common objective in a given situation, leadership thus, is a function of the leader, the followers and other situational variables.
L = F(I, F, S)
Leadership does not flourish in vacuum. It always envisages followers. Further leadership envisages the idea of interpersonal influence.

Difference between managers and leaders are:
Managers Leaders
1. Who direct the work of employees and is responsible for results. 1. Who cope with changes.
2. A manager is appointed and after that get a position. 2. A leader emerges emergence depends a number of situational factors.
3. A manager seeks those objectives, which his subordinates do not regard as their own. Thus there is clash of objectives. 3. A leader generally seeks those objectives, which are the objectives of his subordinates. Thus, there is mutuality of objectives between leader and his followers.
4. Manage complexity through planning and budgeting i.e. setting goals, establishing steps to achieve them and then allocate resources to achieve them. 4. Sets a direction or vision of what the future might look like and then develop strategies to produce changes needed to achieve that vision or direction.
5. Ensure that employees reach their goal by controlling their behavior i.e. they monitor the result by means of reports and meetings and note derivations from the goals. 5. Requires 'motivating and inspiring teams of employees' taps their needs values and emotions.
6. Achieve their goals by 'organizing and staffing' creating an organizational structure and sets of jobs for accomplishing the plans requirements. Staffing the jobs with qualified employees communicating the goals and monitoring the progress. 6. Try to align employees who share their vision create teams who understand and share their vision.                             

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