What is the difference between management and leadership?

What is the difference between management and leadership?
Share an example of a characteristics or traits of an outstanding leader. What traits did this leader exhibit? How did those traits impact the workplace? Note: You can use a professional example, or share details of a leader that you admire, i.e. Bill Gates, Sir Richard Branson, etc.
Evaluate the influence leadership traits and/or styles impact individuals and teams within an organization? Can it be positive or negative?