In The Industry #4- leadership

2.  The article I chose to analyze for this assignment was The
Wall Street Journal’s “What is the Difference between
Management and Leadership?”
 The article was adapted from “The Wall Street Journal Guide
to Management, written by Alan Murrray and published by
Harper Business

3.  The article talks about exactly what the differences are
between leaders and managers.
 Essentially, as we discussed in class, managers have
employees, and they shift responsibility between other
employees. They want to be the boss, and in control.
 Leaders create teams where everyone works together,
and they take responsibility.

5. This graphic shows you how different leadership and management
are. They are two completely different things, with two different
visions and ways to get there.

6.  What is Leadership?
› Leadership can take two forms, which we talked about in class
discussions.
 Transactional leadership, which works within a set system, and delivers
consistent results which can be duplicated. But, transactional
leadership also expects every person to be the same, and be able to do
work the same way
 Transitional leadership is much different though, as transitional leaders
look for opportunities to change practices in order to get the best result
from their teams.

7.  The TED Talk “What it takes to be a great leader”, from
speaker Roselinde Torres gives a great perspective on
leadership, and how leadership is developing and changing
each day
 This presentation will help prove that there is a true
difference between leaders, and managers. I will look at how
these companies still using more traditional management
styles may be able to change in order to make their
leadership more people friendly.

8.  Warren Bennis was an American scholar and author, who
was a University professor and Distinguished Professor of
Business Administration, as well as Founding Chairman of
The Leadership Institute at USC, the University of Southern
California
 In his 1989 Book “On Becoming a Leader”, he composed a
list of the differences between managers, and leaders. I will
use Warren’s list of differences as the backbone of this
presentation, as they will allow me to dive into researching
leadership vs management.

9.  In transactional leadership, the manager is expected to do
the same work, and enforce the same rules.
 Transitional leadership is different, where the leader is
always coming up with new things, and allowing employees
freedom to come up with new, better ways to accomplish
tasks.
 This is reflected in Roselinde Torres’ TED Talk, when she
says “Great leaders dare to be different. They don't just talk
about risk-taking, they actually do it”

10.  A manager looks for opportunities to have structure, where there is an set way
to do everything, and that no one should go away from the system
 A leader looks for opportunities to help people develop themselves
 Torres basically tries to say that the lack of “leaders” in our world is due to poor
leadership development programs, when she references “We conducted a study
of 4,000 companies, and we asked them, let's see the effectiveness of your
leadership development programs. Fifty-eight percent of the companies cited
significant talent gaps for critical leadership roles. That means that despite
corporate training programs, off-sites, assessments, coaching, all of these
things, more than half the companies had failed to grow enough great leaders.”

11.  This means that in a situation where the higher ups look at
themselves as leaders, rather than managers, the leaders are
there to simply guide the way. Because leaders tend to have
more of a focus on people, as referenced in our class powerpoint,
and that gives the employees more trust and confidence, as well
as giving the leader trust that the employees will follow them.
 This is an example of both intellectual stimulation, and
individualized consideration, which we talked about in class
during our case study on Zappos leadership.

12.  This aspect of management VS leadership brings up the question
in businesses “How do we go forward?”
 Managers tend to take a short-range view, and want to work on
the issues that are happening right now,
 Leaders are different, as Roselinde Torres stated, saying “There’s
a leadership team that does a practice where they bring together
each member collecting, here are trends that impact me, here are
trends that impact another team member, and they share these,
and then make decisions, to course-correct a strategy or to
anticipate a new move. Great leaders are not head-down. They
see around corners, shaping their future, not just reacting to it.”

13.  As we learned when we discussed the models of leadership,
transitional leadership works to change a system, and is best at
delivering innovation.
 As we discussed and agreed upon in class, managers tend to prefer a
transactional model of leadership, where everything is done by the
book, the way history says it should be done.
 Torres speaks to this when she says “In a 21st-century world, which is
more global, digitally enabled and transparent, with faster speeds of
information flow and innovation, and where nothing big gets done
without some kind of a complex matrix, relying on traditional
development practices will stunt your growth as a leader”

14.  What makes a great leader?

15.  So, the question becomes, what makes a great leader?
 Well, Roselinde Torres’ response to this question was: “So what
makes a great leader in the 21st century? I've met many, and
they stand out. They are women and men who are preparing
themselves not for the comfortable predictability of yesterday but
also for the realities of today and all of those unknown
possibilities of tomorrow. “
 I think a great leader is someone who doesn’t need to be bossy
in order to be successful. I think a great leader is someone who
sets an example each day.

16.  It comes to a point where we are forced to make a decision,
managers or leaders?
› As stated in the Wall Street Journal article “But in the new economy,
where value comes increasingly from the knowledge of people, and
where workers are no longer undifferentiated cogs in an industrial
machine, management and leadership are not easily separated.
People look to their managers, not just to assign them a task, but to
define for them a purpose. And managers must organize workers,
not just to maximize efficiency, but to nurture skills, develop talent
and inspire results.”

17. “The task is to lead people. And the goal is to make productive
the specific strengths and knowledge of every individual.”

18.  I don’t think that people realize that there is a difference
between leaders, and managers. I believe it is a matter of
teaching people what a business can be with more
productive workers, due to the fact that they are happier
workers.
 Maybe business owners should offer training courses on this
topic?

19.  How far into the future will management and leadership
develop?
 Will there ever be a time when there is a “right” way to lead?
How do we figure this out?

20.  "Transcript of "What It Takes to Be a Great Leader""
Roselinde Torres: What It Takes to Be a Great Leader. N.p.,
n.d. Web. 17 Nov. 2015.
 "What Is the Difference Between Management and
Leadership?" Management RSS. The Wall Street Journal,
n.d. Web. 17 Nov. 2015.