How many people do you manage?
How many people do you lead?
How many people do you coach?
If you're managing people, you're simply coordinating people to be extensions of yourself.
If you're leading, you've inspired others to follow you; to take up your cause. They will do the work in support of your grand vision; but the vision is not their own.
If you're coaching, you're encouraging others to be their best selves. You help them to pursue and achieve goals that are important to them.
If you manage more people than you lead, then you'll get compliance but not commitment. This is the path the employee disengagement.
If you lead more people than you manage, then you'll get inspired people that believe what you believe but may not necessarily know what do to achieve the goal.
If you coach more people than you manage or lead, then you're engaging people the right way. You can share your perspective on what goals are important and help others achieve those goals in ways that are unique and natural to each person.
Coaching is the path to engaged employees.