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MANAGING ONE CAREER
WHAT IS MANAGEMENT
 Management is a single or group of individuals who challenges and
oversees a person or collective group of people in efforts to accomplish
desired goals and objectives.
 Management includes the ability to plan, organize, monitor and direct
individuals.
 Management is also a person or collective group who possess
the executive abilities to lead a group through hardships, aspiring to
meet an organization’s purpose and visions.
CHARACTERISTIC OF MANAGEMENT
1. Goal-oriented process
 An essential aspect of management is to
combine individual efforts and direct them towards
achieving organizational goals. These goals differ from
organization to organization. For example, an organization
can have a profit motive whereas a social work
organization might have a goal of eradicating illiteracy
among children. Management recognizes these goals and
aims to fulfil them.
CHARACTERISTIC OF MANAGEMENT
2. Pervasive
 Management is a requirement and essential for the
functioning of all kinds of organizations-
social, economic or political. Without management,
the processes of an organization would be chaotic
and unordered. Further, it is equally essential for
organizations across all countries.
CHARACTERISTIC OF MANAGEMENT
3. Multidimensional
 Management has three dimensions:
1.Work management: Every organization exists for
completion of some work. This work varies from
producing clothes in clothing sector to treating
patients in hospitals. Management looks at this
work as goals to be achieved and works towards
these goals.
CHARACTERISTIC OF MANAGEMENT
3. Multidimensional
 Management has three dimensions:
2. Management of people: Another dimension of management is
concerned with getting work done from people, by assigning work
to worthy employees who can work effectively towards the
realization of organizational goals. This is achieved by ensuring that
the strength is highlighted and the weakness is driven out of the
equation. It further has two dimensions- a) dealing with people as
individuals with diverse needs and behaviors and b) dealing with
individuals perceiving them as a part of a wider group of people.
CHARACTERISTIC OF MANAGEMENT
3. Multidimensional
Management has three dimensions:
3. Management of operations: As every organisation
aims at the completion of work, they also have a
particular product or service to provide with respect
to their domain of operation.
CHARACTERISTIC OF MANAGEMENT
4. Continuous Process
We now know that there are various functions
of management. These are- planning,
organizing, directing, staffing and controlling.
As a matter of fact, a manager performs all
these functions simultaneously.
CHARACTERISTIC OF MANAGEMENT
5. Group Activity
 An organization consists of a large number of
individuals having different reasons and purposes
to join. Again these individual differ based on their
needs and behaviors. However, it is important to
realize that these diverse individuals work
together towards the achievement of the
organizational goals. Management diverts the
individual efforts towards the right direction.
CHARACTERISTIC OF MANAGEMENT
6. Dynamic Function
An organization has to adapt to the
environment in order to succeed. Thus
management is dynamic in nature and
adapts to the ever-changing social,
economic and political conditions.
CHARACTERISTIC OF MANAGEMENT
7. Intangible Force
Management cannot be touched or it isn’t
tangible. However effective management can
be easily felt. Evidently, if there is order
instead of chaos within an organisation, the
employees are happy and the organisational
goals are being organised it can be easily
said that there exists good management.
FIVE PRIMARY FUNCTIONS OF MANAGEMENT
1. Planning
 Planning is future-oriented and determines an
organization’s direction. It is a rational and systematic
way of making decisions today that will affect the
future of the company. It is a kind of organized
foresight as well as corrective hindsight. It involves
predicting of the future as well as attempting to control
the events. It involves the ability to foresee the effects
of current actions in the long run in the future.
FIVE PRIMARY FUNCTIONS OF MANAGEMENT
2. Organizing
Organizing requires a formal structure of
authority and the direction and flow of such
authority through which work subdivisions are
defined, arranged, and coordinated so that
each part relates to the other part in a united
and coherent manner so as to attain the
prescribed objectives.
FIVE PRIMARY FUNCTIONS OF MANAGEMENT
3. Staffing
Staffing is the function of hiring and retaining a
suitable work-force for the enterprise both at
managerial as well as non-managerial levels. It
involves the process of recruiting, training,
developing, compensating, and evaluating
employees and maintaining this workforce with
proper incentives and motivations.
FIVE PRIMARY FUNCTIONS OF MANAGEMENT
4. Directing
The directing function is concerned
with leadership, communication, motivation,
and supervision so that the employees perform
their activities in the most efficient manner
possible, in order to achieve the desired goals.
FIVE PRIMARY FUNCTIONS OF MANAGEMENT
4. Directing
The directing function is concerned
with leadership, communication, motivation,
and supervision so that the employees perform
their activities in the most efficient manner
possible, in order to achieve the desired goals.
FIVE PRIMARY FUNCTIONS OF MANAGEMENT
5. Controlling
 The function of control consists of those activities that
are undertaken to ensure that the events do not deviate
from the pre-arranged plans. The activities consist of
establishing standards for work performance,
measuring performance and comparing it to these set
standards, and taking corrective actions as and when
needed, to correct any deviations.
DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT
 The role of management is to control a group or group of individuals
in order to achieve a specified objective. Leadership is the ability of
an individual to influence, motivate, and enable others to contribute
to the organization's success.
 Management is responsible for controlling an organization, a group,
or a set of entities to achieve a particular objective. Managing is
about making sure the day-to-day operations are being performed as
expected. A leader communicates in order to set direction, inspire,
and motivate their team.
DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT
1. Differences in Vision
 Leaders are considered as visionaries. They set the pathways to excel the
organizational growth. They always examine where their organization stands,
where they want to go, and how they can reach there by involving the team.
 In comparison, managers set out to achieve organizational goals by
implementing processes, such as budgeting, organizational structuring, and
staffing. Managers' vision is bound to the implementation strategies, planning,
and organizing tasks to reach the objectives set out by leaders. However,
both of these roles are equally important in the context of business
environments and necessitate associative efforts.
DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT
2. Organizing vs Aligning
 Managers achieve their goals by using coordinated activities and tactical processes. They
break down long-time goals into tiny segments and organize available resources to reach the
desired outcome.
 On the other hand, leaders are more concerned with how to align and influence people than
how to assign work to them. They achieve this by assisting individuals in envisioning their
function in a wider context and the possibility for future growth that their efforts may give.
DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT
3. Differences in Queries
 A leader asks what and why, whereas a manager focuses on the questions how and when. To
do justice to their duties as a leader, one might question and challenge the authority to reverse
decisions that may not be in the better interests of the team. If a firm has a stumbling block, a
leader will be the one to step up and ask, What did we learn from this? and Why has this
happened?
 On the other hand, managers are not required to assess and analyze failures. Their job
description emphasizes asking How and When, which assists them in ensuring that plans are
carried out correctly. They prefer to accept the status quo and make no attempt to change it.
DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT
4. Position vs Quality
 A manager is a role that frequently refers to a specific job within an
organization's structure, whereas the term leader has a more
ambiguous definition. Leadership emerges as a result of your actions.
You are a leader if you act in a way that inspires others to do their best.
It makes no difference what your title or position is. On the other hand,
a manager is a job title that comes with a fixed set of responsibilities.
DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT
What Do Managers Do?
 A manager is a member of an organization with the responsibility of carrying out
the four important functions of management: planning, organizing, leading, and
controlling. But are all managers leaders?
 Most managers also tend to be leaders, but only IF they also adequately carry out
the leadership responsibilities of management, which include communication,
motivation, providing inspiration and guidance, and encouraging employees to
rise to a higher level of productivity.
DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT
What Do Leaders Do?
 The primary difference between management and leadership is that leaders don’t
necessarily hold or occupy a management position. Simply put, a leader doesn’t have to
be an authority figure in the organization; a leader can be anyone.
 Unlike managers, leaders are followed because of their personality, behavior, and
beliefs. A leader personally invests in tasks and projects and demonstrates a high level
of passion for work. Leaders take a great deal of interest in the success of their
followers, enabling them to reach their goals to satisfaction—these are not necessarily
organizational goals.
WHAT ARE THE TRAITS A MANAGER POSSESSES?
Below are four important traits of a manager:
1. The ability to execute a Vision
Managers build a strategic vision and break it down into a roadmap for their team to follow.
2. The ability to Direct
Managers are responsible for day-to-day efforts while reviewing necessary resources, and anticipating needs to make
changes along the way.
3. Process Management
Managers have the authority to establish work rules, processes, standards, and operating procedures.
4. People Focused
Managers are known to look after and cater to the needs of the people they are responsible for: listening to them,
involving them in certain key decisions, and accommodating reasonable requests for change to contribute to
increased productivity.
WHAT ARE THE TRAITS A LEADER POSSESSES?
 Below are five important traits of a leader:
1. Vision
A leader knows where they stand, where they want to go and tend to involve the team in charting a future path and direction.
2. Honesty and Integrity
Leaders have people who believe them and walk by their side down the path the leader sets.
3. Inspiration
Leaders are usually inspirational—and help their team understand their own roles in a bigger context.
4. Communication Skills
Leaders always keep their team informed about what’s happening, both present and the future—along with any obstacles that
stand in their way.
5. Ability to Challenge
Leaders are those that challenge the status quo. They have their style of doing things and problem-solving and are usually the
ones who think outside the box.
THE THREE IMPORTANT DIFFERENCES BETWEEN A MANAGER AND A LEADER
1. A leader invents or innovates while a manager organizes
 The leader of the team comes up with new ideas and kickstarts the organization’s
shift or transition to a forward-thinking phase. A leader always has his or her eyes
set on the horizon, developing new techniques and strategies for the
organization. A leader has immense knowledge of all the current trends,
advancements, and skillsets—and has a clarity of purpose and vision. By
contrast, a manager is someone who generally only maintains what is already
established. A manager needs to watch the bottom line while controlling
employees and workflow in the organization and preventing any chaos.
THE THREE IMPORTANT DIFFERENCES BETWEEN A MANAGER AND A LEADER
2. A manager relies on control, whereas a leader inspires trust:
A leader is a person who pushes employees to do their best and knows
how to set an appropriate pace and tempo for the rest of the group.
Managers, on the other hand, are required by their job description to
establish control over employees, which, in turn, helps them develop their
assets to bring out their best. Thus, managers have to understand their
subordinates well to do their job effectively.
THE THREE IMPORTANT DIFFERENCES BETWEEN A MANAGER AND A LEADER
3. A leader asks the questions “what” and “why", whereas a manager leans more towards the questions
“how” and “when”:
To be able to do justice to their role as a leader, some may question and challenge authority to modify or
even reverse decisions that may not have the team’s best interests in mind. Good leadership requires a
great deal of good judgment, especially when it comes to the ability to stand up to senior management over
a point of concern or if there is an aspect in need of improvement. If a company goes through a rough
patch, a leader will be the one who will stand up and ask the question: “What did we learn from
this?”Managers, however, are not required to assess and analyze failures. Their job description
emphasizes asking the questions “how” and “when,” which usually helps them make sure that plans are
properly executed. They tend to accept the status quo exactly the way it is and do not attempt a change.
THE THREE TESTS
1. Counting Value vs. Creating Value:
Managers are the only ones who count value, he says. There are some who cut
down on the value by disabling or otherwise countering ideas and people who add
value.
Leaders, however, focus instead on working to generate a certain value that is over
and above that which the team creates—and is as much a creator of value as their
followers. Nayar goes on to say that, “Leading by example and leading by enabling
people are the hallmarks of action-based leadership.”
THE THREE TESTS
2. Circles of Influence vs. Circles of Power:
As mentioned previously, managers have subordinates and leaders gain followers,
which implies that managers create a circle of power while leaders create a circle of
influence. Nayar offers advice on how to identify which circle you have around you.
He says, “The quickest way to figure out which of the two you’re doing is to count
the number of people outside your reporting hierarchy who come to you for advice.
The more that do, the more likely it is that you are perceived to be a leader.”
THE THREE TESTS
3. Leading People vs. Managing People:
One responsibility of a manager is controlling a group in order to
accomplish a specific goal. Leadership, on the other hand, is the ability of
an individual to motivate, influence, and enable other employees to make
a contribution to the success of an organization. Inspiration and influence
separate leaders from managers—not control and power.
Leadership vs Management.pptx

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Leadership vs Management.pptx

  • 2. WHAT IS MANAGEMENT  Management is a single or group of individuals who challenges and oversees a person or collective group of people in efforts to accomplish desired goals and objectives.  Management includes the ability to plan, organize, monitor and direct individuals.  Management is also a person or collective group who possess the executive abilities to lead a group through hardships, aspiring to meet an organization’s purpose and visions.
  • 3. CHARACTERISTIC OF MANAGEMENT 1. Goal-oriented process  An essential aspect of management is to combine individual efforts and direct them towards achieving organizational goals. These goals differ from organization to organization. For example, an organization can have a profit motive whereas a social work organization might have a goal of eradicating illiteracy among children. Management recognizes these goals and aims to fulfil them.
  • 4. CHARACTERISTIC OF MANAGEMENT 2. Pervasive  Management is a requirement and essential for the functioning of all kinds of organizations- social, economic or political. Without management, the processes of an organization would be chaotic and unordered. Further, it is equally essential for organizations across all countries.
  • 5. CHARACTERISTIC OF MANAGEMENT 3. Multidimensional  Management has three dimensions: 1.Work management: Every organization exists for completion of some work. This work varies from producing clothes in clothing sector to treating patients in hospitals. Management looks at this work as goals to be achieved and works towards these goals.
  • 6. CHARACTERISTIC OF MANAGEMENT 3. Multidimensional  Management has three dimensions: 2. Management of people: Another dimension of management is concerned with getting work done from people, by assigning work to worthy employees who can work effectively towards the realization of organizational goals. This is achieved by ensuring that the strength is highlighted and the weakness is driven out of the equation. It further has two dimensions- a) dealing with people as individuals with diverse needs and behaviors and b) dealing with individuals perceiving them as a part of a wider group of people.
  • 7. CHARACTERISTIC OF MANAGEMENT 3. Multidimensional Management has three dimensions: 3. Management of operations: As every organisation aims at the completion of work, they also have a particular product or service to provide with respect to their domain of operation.
  • 8. CHARACTERISTIC OF MANAGEMENT 4. Continuous Process We now know that there are various functions of management. These are- planning, organizing, directing, staffing and controlling. As a matter of fact, a manager performs all these functions simultaneously.
  • 9. CHARACTERISTIC OF MANAGEMENT 5. Group Activity  An organization consists of a large number of individuals having different reasons and purposes to join. Again these individual differ based on their needs and behaviors. However, it is important to realize that these diverse individuals work together towards the achievement of the organizational goals. Management diverts the individual efforts towards the right direction.
  • 10. CHARACTERISTIC OF MANAGEMENT 6. Dynamic Function An organization has to adapt to the environment in order to succeed. Thus management is dynamic in nature and adapts to the ever-changing social, economic and political conditions.
  • 11. CHARACTERISTIC OF MANAGEMENT 7. Intangible Force Management cannot be touched or it isn’t tangible. However effective management can be easily felt. Evidently, if there is order instead of chaos within an organisation, the employees are happy and the organisational goals are being organised it can be easily said that there exists good management.
  • 12. FIVE PRIMARY FUNCTIONS OF MANAGEMENT 1. Planning  Planning is future-oriented and determines an organization’s direction. It is a rational and systematic way of making decisions today that will affect the future of the company. It is a kind of organized foresight as well as corrective hindsight. It involves predicting of the future as well as attempting to control the events. It involves the ability to foresee the effects of current actions in the long run in the future.
  • 13. FIVE PRIMARY FUNCTIONS OF MANAGEMENT 2. Organizing Organizing requires a formal structure of authority and the direction and flow of such authority through which work subdivisions are defined, arranged, and coordinated so that each part relates to the other part in a united and coherent manner so as to attain the prescribed objectives.
  • 14. FIVE PRIMARY FUNCTIONS OF MANAGEMENT 3. Staffing Staffing is the function of hiring and retaining a suitable work-force for the enterprise both at managerial as well as non-managerial levels. It involves the process of recruiting, training, developing, compensating, and evaluating employees and maintaining this workforce with proper incentives and motivations.
  • 15. FIVE PRIMARY FUNCTIONS OF MANAGEMENT 4. Directing The directing function is concerned with leadership, communication, motivation, and supervision so that the employees perform their activities in the most efficient manner possible, in order to achieve the desired goals.
  • 16. FIVE PRIMARY FUNCTIONS OF MANAGEMENT 4. Directing The directing function is concerned with leadership, communication, motivation, and supervision so that the employees perform their activities in the most efficient manner possible, in order to achieve the desired goals.
  • 17. FIVE PRIMARY FUNCTIONS OF MANAGEMENT 5. Controlling  The function of control consists of those activities that are undertaken to ensure that the events do not deviate from the pre-arranged plans. The activities consist of establishing standards for work performance, measuring performance and comparing it to these set standards, and taking corrective actions as and when needed, to correct any deviations.
  • 18. DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT  The role of management is to control a group or group of individuals in order to achieve a specified objective. Leadership is the ability of an individual to influence, motivate, and enable others to contribute to the organization's success.  Management is responsible for controlling an organization, a group, or a set of entities to achieve a particular objective. Managing is about making sure the day-to-day operations are being performed as expected. A leader communicates in order to set direction, inspire, and motivate their team.
  • 19. DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT 1. Differences in Vision  Leaders are considered as visionaries. They set the pathways to excel the organizational growth. They always examine where their organization stands, where they want to go, and how they can reach there by involving the team.  In comparison, managers set out to achieve organizational goals by implementing processes, such as budgeting, organizational structuring, and staffing. Managers' vision is bound to the implementation strategies, planning, and organizing tasks to reach the objectives set out by leaders. However, both of these roles are equally important in the context of business environments and necessitate associative efforts.
  • 20. DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT 2. Organizing vs Aligning  Managers achieve their goals by using coordinated activities and tactical processes. They break down long-time goals into tiny segments and organize available resources to reach the desired outcome.  On the other hand, leaders are more concerned with how to align and influence people than how to assign work to them. They achieve this by assisting individuals in envisioning their function in a wider context and the possibility for future growth that their efforts may give.
  • 21. DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT 3. Differences in Queries  A leader asks what and why, whereas a manager focuses on the questions how and when. To do justice to their duties as a leader, one might question and challenge the authority to reverse decisions that may not be in the better interests of the team. If a firm has a stumbling block, a leader will be the one to step up and ask, What did we learn from this? and Why has this happened?  On the other hand, managers are not required to assess and analyze failures. Their job description emphasizes asking How and When, which assists them in ensuring that plans are carried out correctly. They prefer to accept the status quo and make no attempt to change it.
  • 22. DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT 4. Position vs Quality  A manager is a role that frequently refers to a specific job within an organization's structure, whereas the term leader has a more ambiguous definition. Leadership emerges as a result of your actions. You are a leader if you act in a way that inspires others to do their best. It makes no difference what your title or position is. On the other hand, a manager is a job title that comes with a fixed set of responsibilities.
  • 23. DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT What Do Managers Do?  A manager is a member of an organization with the responsibility of carrying out the four important functions of management: planning, organizing, leading, and controlling. But are all managers leaders?  Most managers also tend to be leaders, but only IF they also adequately carry out the leadership responsibilities of management, which include communication, motivation, providing inspiration and guidance, and encouraging employees to rise to a higher level of productivity.
  • 24. DIFFERENCE BETWEEN LEADERSHIP VS MANAGEMENT What Do Leaders Do?  The primary difference between management and leadership is that leaders don’t necessarily hold or occupy a management position. Simply put, a leader doesn’t have to be an authority figure in the organization; a leader can be anyone.  Unlike managers, leaders are followed because of their personality, behavior, and beliefs. A leader personally invests in tasks and projects and demonstrates a high level of passion for work. Leaders take a great deal of interest in the success of their followers, enabling them to reach their goals to satisfaction—these are not necessarily organizational goals.
  • 25. WHAT ARE THE TRAITS A MANAGER POSSESSES? Below are four important traits of a manager: 1. The ability to execute a Vision Managers build a strategic vision and break it down into a roadmap for their team to follow. 2. The ability to Direct Managers are responsible for day-to-day efforts while reviewing necessary resources, and anticipating needs to make changes along the way. 3. Process Management Managers have the authority to establish work rules, processes, standards, and operating procedures. 4. People Focused Managers are known to look after and cater to the needs of the people they are responsible for: listening to them, involving them in certain key decisions, and accommodating reasonable requests for change to contribute to increased productivity.
  • 26. WHAT ARE THE TRAITS A LEADER POSSESSES?  Below are five important traits of a leader: 1. Vision A leader knows where they stand, where they want to go and tend to involve the team in charting a future path and direction. 2. Honesty and Integrity Leaders have people who believe them and walk by their side down the path the leader sets. 3. Inspiration Leaders are usually inspirational—and help their team understand their own roles in a bigger context. 4. Communication Skills Leaders always keep their team informed about what’s happening, both present and the future—along with any obstacles that stand in their way. 5. Ability to Challenge Leaders are those that challenge the status quo. They have their style of doing things and problem-solving and are usually the ones who think outside the box.
  • 27. THE THREE IMPORTANT DIFFERENCES BETWEEN A MANAGER AND A LEADER 1. A leader invents or innovates while a manager organizes  The leader of the team comes up with new ideas and kickstarts the organization’s shift or transition to a forward-thinking phase. A leader always has his or her eyes set on the horizon, developing new techniques and strategies for the organization. A leader has immense knowledge of all the current trends, advancements, and skillsets—and has a clarity of purpose and vision. By contrast, a manager is someone who generally only maintains what is already established. A manager needs to watch the bottom line while controlling employees and workflow in the organization and preventing any chaos.
  • 28. THE THREE IMPORTANT DIFFERENCES BETWEEN A MANAGER AND A LEADER 2. A manager relies on control, whereas a leader inspires trust: A leader is a person who pushes employees to do their best and knows how to set an appropriate pace and tempo for the rest of the group. Managers, on the other hand, are required by their job description to establish control over employees, which, in turn, helps them develop their assets to bring out their best. Thus, managers have to understand their subordinates well to do their job effectively.
  • 29. THE THREE IMPORTANT DIFFERENCES BETWEEN A MANAGER AND A LEADER 3. A leader asks the questions “what” and “why", whereas a manager leans more towards the questions “how” and “when”: To be able to do justice to their role as a leader, some may question and challenge authority to modify or even reverse decisions that may not have the team’s best interests in mind. Good leadership requires a great deal of good judgment, especially when it comes to the ability to stand up to senior management over a point of concern or if there is an aspect in need of improvement. If a company goes through a rough patch, a leader will be the one who will stand up and ask the question: “What did we learn from this?”Managers, however, are not required to assess and analyze failures. Their job description emphasizes asking the questions “how” and “when,” which usually helps them make sure that plans are properly executed. They tend to accept the status quo exactly the way it is and do not attempt a change.
  • 30. THE THREE TESTS 1. Counting Value vs. Creating Value: Managers are the only ones who count value, he says. There are some who cut down on the value by disabling or otherwise countering ideas and people who add value. Leaders, however, focus instead on working to generate a certain value that is over and above that which the team creates—and is as much a creator of value as their followers. Nayar goes on to say that, “Leading by example and leading by enabling people are the hallmarks of action-based leadership.”
  • 31. THE THREE TESTS 2. Circles of Influence vs. Circles of Power: As mentioned previously, managers have subordinates and leaders gain followers, which implies that managers create a circle of power while leaders create a circle of influence. Nayar offers advice on how to identify which circle you have around you. He says, “The quickest way to figure out which of the two you’re doing is to count the number of people outside your reporting hierarchy who come to you for advice. The more that do, the more likely it is that you are perceived to be a leader.”
  • 32. THE THREE TESTS 3. Leading People vs. Managing People: One responsibility of a manager is controlling a group in order to accomplish a specific goal. Leadership, on the other hand, is the ability of an individual to motivate, influence, and enable other employees to make a contribution to the success of an organization. Inspiration and influence separate leaders from managers—not control and power.

Editor's Notes

  1. To be an effective manager, you’ll need to develop a set of skills, including planning, communication, organization and leadership. You will also need extensive knowledge of the company’s goals and how to direct employees, sales and other operations to accomplish them.
  2. The leadership element involves issuing instructions and guiding the subordinates about procedures and methods. The communication must be open both ways so that the information can be passed on to the subordinates and the feedback received from them. Motivation is very important since highly motivated people show excellent performance with less direction from superiors. Supervising subordinates would lead to continuous progress reports as well as assure the superiors that the directions are being properly carried out.
  3. The controlling function involves: a. Establishment of standard performance. b. Measurement of actual performance. c. Measuring actual performance with the pre-determined standard and finding out the deviations. d. Taking corrective action.
  4. Being a manager and a leader at the same time is a viable concept. But remember, just because someone is a phenomenal leader, it does not necessarily guarantee that the person will be an exceptional manager as well, and vice versa.
  5. Leading and managing are two contrasting ways of making the employees work together more efficiently. Leadership is a spearhead for the new vision and initiatives, whereas management controls the resources effectively to bring those visions into the realm of reality. With passing time, you can shape your leadership skills by developing emotional intelligence and learning how to influence others.
  6. Leaders have a tendency to praise success and drive people, whereas managers work to find faults. A successful leader paints a picture of what they see is possible for the company to achieve and works to inspire and engage their people in turning that vision into a reality. Rather than seeing individuals as just a particular set of skills, they think beyond what they can do and activate them to be part of something much bigger. A leader in business is well aware of how high-functioning teams can accomplish a lot more when working together rather than individuals working autonomously. Managers, for example, will focus on setting, measuring and achieving goals by controlling situations to reach or exceed their objectives. Whereas leaders will focus on what those goals are and motivating people to achieve them.