Executive Summary The management within corporate organizations has very critical roles. The managers remain central in enhancing the efficiency and effectiveness within most corporations. Business management principles identify the management roles to be very vital. Particularly, this applies to the present global competitiveness. There are notable disparities between leadership and management. However, a critical examination into the roles indicates that these two categories are complementary. Having the appropriate management skills and forming a component of the team that propagate operations are common elements within leadership and management. The different leadership and management roles must be defined. It is also critical to analyze the concept of leadership in relation to increasingly transforming global organizational demands. The Role of Managers in Corporate Organizations The term manager draws its basic definition from the kind or nature of the roles that the specific person undertakes. Generally, a manager may be termed as an individual charged with the obligation of planning, organizing as well motivating and controlling. Most managers usually assume the superior within distinct teams and have the authority to exercise certain definite powers. Within corporate settings, the managers have the obligation to enhance the apprehension of the basic management process. In undertaking such roles, the corporate managers formulate plans and decisions. Apart from these, these managers bear the obligation of supervising, controlling and organizing various factors within the corporate organization. Some of these f actors may include human resource or other personnel, finances as well as the critical information resources. The managers within corporate organizations have to design the formulae and art of attaining the objective organizational goals. It is imperative to note that such a role may only be attained under specified conditions. The conditions that these managers must fulfill to attain their goals are diverse. Some of these include proper engagement of the available resources, such as the personnel and finances. Therefore, it can be deduced that corporate managers without appropriate and strategic resource management skills are likely to fail. The managers execute their roles within the corporate organization’s administrative position. The managers are specialists. They help in finding out solutions during intricate conjunctures. They have the capacity to take critical risks on behalf of the corporate organization. Imperatively, they also operate to draw and outline the basic visions and mission for their organizations. They have the obligation to initiate and conduct basic research to innovate the basic methodologies to keep the organization competitive. In addition, these managers are responsible for implementing and supervising the various strategic approaches to the running of the organization. They have a crucial role in the development and formulation of the appropriate strategy for the corporate organizations. Additionally, they also stimulate and stir transformations within the organizations. Supervisory roles are inherent within any management position. The managers within corporate organizations also have the obligation to motivate their followers