Manager or leader? Capitalize on the best of both!

Abstract

As today's managers are faced with an ever increasing number of challenges, no one can argue that, now more than ever, good management skills are crucial for organizational success. Several researchers also suggest that managers in today's workplace cannot be successful without developing leadership skills as well. But what is the difference between management and leadership? Aren't they really the same thing? This article explores the differences and proposes the idea of managerial leadership, which blends both viewpoints. It also suggests a strategy that laboratory professionals can use to develop managerial leadership competency.