Brand management focuses on the short-term. its primary tool is promotion. Brand manager never have enough money and seldom have true control over the dollars they do have. Brand leadership is about the long term. Brand leaders understand that building brand equity takes time, money, and talent. They know that a successful brand is not built in one budget year or one product launch. Brand leadership is based on the premise that brand building not only creates brand equity, but is also necessary for institutional success. With brand leadership, the institutions most senior leaders recognize that building the brand results in a competitive advantage that pays financially.