The BusinessWeek article You Can Lead. But Can You Inspire? offers 10 attributes of successful leaders. This is an important distinction. There are fundamental differences between a manager and a leader. While leaders influence, inspire, and drive people, the role of a manager is keeping day-to-day operations running smoothly.

Peter Drucker made the distinction this way, "Management is doing things right; leadership is doing the right things." and he acknowledged that “Leaders are not born, they are grown.” Employee development must reflect these differences and manage both sets of skills.

To identify, attract, fill, and retain your leadership talent, you need leadership development programs focused on hiring strategies, employee development, and career and succession planning.

Learn how developing effective leadership using a consistent talent management program at all levels across the organization can return significant business value in the Taleo Research paper, Seven Steps for Effective Leadership Development.