Leadership and Management sound like the same this to the layman. But there are distinct differences and approaches that reap separate results. John P. Kotter wrote an analysis on the comparison between the Manager and the Leader. According to Kotter, management is more organizational centric and focuses on the preparation for complexity. Being able to create specializations within companies, protocols, and a number of procedures reduces discussions decisions on issues after the fact. If a there is a particular concern the dedicated department can source their efforts toward the project, and the company can continue to operate under a normal climate. Leaders focus on aligning subordinates with the vision, actualizing the function of the …show more content…
Kotter categorizes Planning & Budgeting as a management function because it is, “Deductive in nature and designed to produce orderly results.” This Differentiates from setting direction because the plan is a long range goal set by the company. The changes in the goal may need influence from supervisors and managers to maintain the momentum, the effectiveness, and efficiency of their departments. This implies the Leader’s role to effectively implement such direction, according to the culture of their environment. The Travel Related Services Division of the Credit Card Company, American Express, found themselves in the midst of a two front conflict. On one side, the company faced the emergence of bank credit cards sponsored by their competitors, Visa and MasterCard. Their competitors’ new alliances with companies across the country, and other financial services companies introduces products comparable to American Express’ Traveler’s Checks, a popular medium of international currency, during its time. Inversely, the company was infested with a jaded culture and products both inept and underutilized. All seemed bleak for the one of top credit card services in the world. When Lou Gerstner assumed his role as President of TRS in 1979, he started to implement his plan which he spent five years developing. He first questioned the brand and culture of the company. Next, he
There is a difference between leadership and management, although they are similar in some ways. While, they both want to achieve common goals, influence people, and work with people, they are different. Managers aim to create consistency and
The biggest difference between managers and leaders is the way they motivate people to follow them. Managers have a position within the organisation, their teams work for them to complete tasks and in turn manage situations as they occur. Leaders on the other hand do not have teams when they are leading. Instead, formal control is given up, as to lead is have followers and this is always a voluntary activity. Telling people what to do does not inspire
Leadership is about getting people to understand and believe in your vision and to work with you to achieve your goals while managing is more about administering and making sure the day-to-day things are happening as they should.
At first glance, the terms leadership and management may seem synonymous and the temptation to use the terms interchangeably; however, there is a difference between leadership and management.
Although the terms “management” and “leadership” are often confused as in meaning the same there is a distinction between the words. The distinction between the words is that people manage things and lead people (Collins, 2017).
Leadership vs. Management, are they the same? No!. “A leader focus on setting goals and direction, challenging the norm, and seeking new ways of working towards the goals. On the other side, Managers specialize on conformance to the standards. They manage teams and individuals, organizing, directing and controlling to achieve goals” (EBA, 2016).
To fully explain the relationship between Leadership and Management we need to appreciate that the two go hand in hand, they are by no means the same thing but they complement each other when driving any team to perform and exceed targets within a business. The manager’s job is very task-focused. They often have to follow company
The Oxford English Dictionary describes the word leader as a “person who leads or commands a group, organization, or country” and describes the word manager as a “person responsible for controlling or administering all or part of company or similar organization”. Each of these meanings are very close in proximity however many in the business world have different definitions for each of these roles. Although they are different they are linked and are complementary to each other (Oxford Dictionary (American English)).
The terms manager and leader are often used interchangeably, but in reality they possess very different qualities. It can be said that leaders need to have some management skills, but managers do not need to possess leadership qualities. Some qualities they do have in common include the ability to work with groups of people and the need to meet certain
All the above mentioned descriptions emphasize on basic idea from where we can extract the result Leadership is the art of getting things done by inspiration, influence or motivating its followers while Management mainly depends on the analysis and ground realities.
The difference between managers and leaders is that leaders have visions, strategies, and influences on people, while managers are more focused on implementing these elements (Robbins et al, 2012).
American Express is known worldwide for its charge cards, travelers’ services, and financial services. It is one of the best-known and most-respected global brands. As it grew from a 19th Centurynineteenth- express company into a travel services expert by the mid-1900s, American Express (AMEXAMEX) became associated in the minds of consumers with prestige, security, service, international acceptability, and leisure. Advertising for the company, which began in earnest in the 1960s, reinforced these associations. For example, the now-famous taglinetag line “Don’t leave home without it” was created to convey the essentiality of owning an American Express cardAmerican
Not all managers are leaders and not all leaders are managers. The biggest difference between management and leadership is people skills. In determining if a person is a leader or a manager, Bova (2008) lists some differences with which many a person would agree. One difference is that a manager directs people. Managers essentially tell employees to get the job done. Many people work on autopilot until their work shift ends. However, people will follow a leader. Leaders inspire others to want to strive for their best and to go beyond their normal duties.
For a quick review, the definition of leadership is a process whereby an individual influences a group or individuals, to achieve a common goal.
Management and Leadership are two different skill sets and positions, however, it is believed by some organizations that they go hand in hand. I believe that management is a learned concept that is taught in schools. Universities and colleges offer degrees in Management and/or Leadership. Authentic leadership is not actually taught but can be learned as a practical skill through being coached and mentored by a true effective leader. Leadership skills are gained by completing research, gaining ideas to inspire and help others achieve new skills to move into a better position or advanced career. Achieving new leadership skills is always a work in progress. In my IMG 233 class I learned that Management is the formal influence of the organization. Managers develop strategic goals, establish performance control mechanisms, and communicate instructions and information to ensure probability and production to meet the overall demands. Leaders are the heart of the organization and their role is to informally influence and inspire employees while creating visions and direction and at the same time building strong team relationships. An effective and dynamic leader empowers their team with the knowledge to be innovative and generate new ideas to increase productivity and performance.