This report provides an overview of management and operations, focusing on the distinct roles and characteristics of leaders and managers. It begins with an introduction to management and operations, emphasizing their importance in maximizing organizational efficiency. The report then delves into the roles and characteristics of leaders, including their representative and goal-oriented functions, and the essential communication and positive attitude traits. It contrasts these with the roles and characteristics of managers, such as leadership and monitoring, and the importance of time management. The core of the report analyzes the differences between leaders and managers, using Aston Martin as a case study, highlighting differences in influence, behavioral aspects, and authority. It concludes with a discussion of classical and transformational management theories and summarizes the significant contributions of both managers and leaders within a firm.