This unit explores the critical relationship between leadership and management within a contemporary business environment. It delves into the distinct roles and characteristics of leaders and managers, examining how they apply in different situational contexts. The unit also investigates various theories and models of leadership, including situational leadership, systems leadership, and contingency theory. Furthermore, it examines the key approaches to operations management and the role of leaders and managers in achieving business objectives. The unit concludes by analyzing the impact of the relationship between leadership and management on the business environment and wider community.