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Why are leadership characteristics important for employees to develop as well for managers?

They are important skills to have because a good leader is able to bring out the best abilities in his/her team members and motivate them to work together in achieving a shared goal.

Why is it important for a manager to develop both management and leadership skills?

Leadership and management must go hand-in-hand. A leader without management skills will struggle to bring a vision into reality while a manager who cannot lead will struggle to gain the support and trust of his or her team and lose engagement.

Why is it important to have effective leaders and managers?

Helps people grow Great leaders help people grow. They willingly share what they know and look out for learning opportunities for the people they work with (or the people who work for them). They build up the team and foster strong relationships, rapport and cooperation within that team.

Why leadership skills are more important than management skills?

A good leader puts the interest of their followers before their own and measure success by whether their followers are better off. Leaders help organizations and people to grow, while a manager's greatest accomplishment comes from making work processes more effective.