This quote is often attributed to Peter Drucker, a well-known management consultant and author.
The quote implies that management and leadership are two distinct but equally important aspects of running a successful organization. Management involves organizing, planning, and controlling resources and operations to achieve specific goals and objectives efficiently and effectively. In other words, management is about getting things done correctly and efficiently.
On the other hand, leadership involves setting direction, inspiring and motivating people, and creating a vision for the future. In this sense, leadership is more about doing the right things, rather than simply doing things right. Leaders need to be able to inspire and guide their team towards a common goal, while also making sure that the organization is moving in the right direction.
Both management and leadership are critical to the success of any organization. While management focuses on maintaining processes and ensuring efficiency, leadership focuses on innovation, vision, and inspiring others. Good managers need to possess leadership qualities, and good leaders need to have strong management skills to effectively implement their vision and achieve their goals.