While leaders are generally seen as the more 'glamorous' role, I believe managers are 'more important' from the standpoint of your average employee. Managers, generally, have much more interaction and opportunity to positively influence employees than do leaders. Sure, in the long run good leaders can take the company in a better direction overall. But that does not always include all of the employees. However, managers have a better position and ability to make an impact on the day to day and overall morale of employees.
