Business coaching is the practice of providing positive support and positive feedback while offering occasional advice to an individual or group in order to help them recognize ways in which they can improve the effectiveness of their business. Coaching is an excellent way to attain a certain work behavior that will improve leadership, employee accountability, teamwork, sales, communication, goal setting, strategic planning and more. It can be provided in a number of ways, including one-on-one, group coaching sessions and large scale [seminars]. Many corporations are instilling the practice of 360 degree coaching, which permits employees to utilize their own life or professional experiences in a positive way to create team participation attitudes even with superiors. Professional Business Coaches are often called in when a business is perceived to be performing badly, however many businesses recognize the benefits of business coaching even when the organization is successful. Business coaches often specialize in different practice areas such as executive coaching, corporate coaching and leadership coaching. http://en.wikipedia.org/wiki/Coaching#Business_coaching

Leadership has been described as the “process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task”.^[1] A definition more inclusive of followers comes from Alan Keith of Genentech who said "Leadership is ultimately about creating a way for people to contribute to making something extraordinary happen."^[2]

http://en.wikipedia.org/wiki/Leadership

Management in all business and human organization activity is simply the act of getting people together to accomplish desired goals and objectives. Management comprises planning, organizing, staffing, leading or directing, facilitating and controlling or manipulating an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.

http://en.wikipedia.org/wiki/Management