Leadership versus Management
I have every expectation that one day you will be considered management and supervising others in the work place. But what does that mean? Will you manage people or will you lead them? Do you know the difference?
1. Define Management.
Management is termed as an individual member or a group of members that accept the responsibilities to run any organization. It helps to Organize, Control and Plan all the essential activities of an organization. Management does not solely do the work. It helps to motivate others to co-ordinate and work for achieving the objectives.
Management brings together all the Six M's i.e. Men and Women, Machinery, Material, Market, Methods and Money. Management utilizes these resources for achieving the common objectives of an organization such as maximum profits, business expansions and high sales, etc.
Management is often included as a factor of production along with Money, Materials and Machines. According to the management guru Peter Drucker (1909-2005), the basic task of any management includes both Innovation and Marketing. Practice of modern management originates from the 16th century study of low-efficiency and failures of certain enterprises, conducted by the English statesman Sir Thomas More (1478-1535).
2. Define Leadership.
Leadership is termed as the ability of any company's management to make sound decisions and inspire competitors to perform well. Most of the effective leaders are able to set and achieve the challenging goals, are able to take swift and decisive actions even in hard situations, are also able to outperform their competition, and are suitable to take calculated risks and to persevere in the face of failure. Strong inter-personal skills with self-confidence, ability to manage with others and a willingness to embrace change also characterize good leaders.
Leaders are people who do the right thing; managers are people who do things which are right. – Professor Warren G. Bennis
Leadership is the art of getting someone else to do something you want done because he who wants it to do. – Dwight D. Eisenhower
3. What are at least 5 differences between the two?
Managers have juniors or subordinates whereas Leaders have people who follow, managers always create circles of power while leaders create circles of influence.
Management consists of controlling a group of entities to accomplish a defined goal. Leadership defines the ability of an individual to influence, motivate, and enable towards organizational success.
Leadership is all about making people to understand and believe in the vision and to work with in achieving goals, Managers are more about administering and making day-to-day things as they should.
Managers do things which are right whereas leaders do the right things, Managers maintain but leaders develop.
Managers have short-term perspective; leaders have long term perspective. Managers rely in control whereas leaders inspire trust.
Management is about telling, formatting and arranging whereas Leadership is all about nurturing and enhancing – Tom Peters.
4. There have been many great leaders in history. Name 5 of them and explain why you consider them a great leader.
Mahatma Gandhi: Being born as an ordinary boy Mohandas Karamchand Gandhi, has become the Father of the Nation. He led India against the rule of the Brirtishers and gave Freedom. He practiced the non-violence and ahimsa, believed only trust shall prevail. I consider him as one of the greatest leaders to have ever on the earth.
Mother Teresa: The icon for the word servant leadership. A true leader who left home at early18 to pursue a religious life, gave all her worldly possessions. She was a selfless servant leader who dedicated her whole life to making others' lives better.
Abraham Lincoln: Abraham Lincoln, who was the 16th President of USA, who led the country through the US Civil War. He did his best and strived hard to keep the people of the country together or else America would have been into many small countries instead of one big country. He ending slavery in US. His oratory skills, conviction, humility made him one of the greatest leaders we have ever had.
Nelson Mandela: Nelson Mandela who was the first democratically elected President of South Africa. He was the face of the Anti- Apartheid movement, a great leader. Throughout his life, he relentlessly fought against the racial discrimination. He came out as a hero after prison and led the country into a free, equal rights future.
Anne Frank: Anna Frank who was a 13 Year old writer and a diarist. This young Jewish girl was gifted a diary by her father during her teen age. The Diary of Young Girl, journaling her work and experiences was read by millions of readers. The diary documents her life, staying in Netherlands during World War II while hiding from German Forces. This diary served as a unique eye-witness account of her life.
5. Go to Youtube.com. Find a video (minimum of 5 minutes) that you thinks explains what it means to be a leader.
Apple CEO Tim Cook speech on Ethical Leadership
In this video Apple CEO Tim Cook was asked about his ethical compass, where does it come from and What Ethical Leadership means to Tim Cook? Cook spoke as part of his class reunion at Duke University's Fuqua School of Business. Tim cook started with ethical compass comes from the parents and who we are surround ourselves with like friends and surroundings. It's the collective group of people who influentially molest and it's largely the factors other influence him years.
When it comes in terms of ethics, most of the people think of ethics in business as they think of accounting fraud or inside betraying and other bad things. Tim Cook thinks largely very extreme small percentage of business leaving things rather than following.
According to Tim Cook leadership ethics are how we deal environmentally, how we work with supplies, labor, how we maintain foot print of products, with the things we support, the way we treat our employees. The whole persona fits under single umbrella and it simple the way to things leaving this better rather follow. It is the way he try to leave his life.
6. In your own words, summarize what you learned about leadership.
In any successful business the owner always needs both a strong leader and a manager to get the team on board to follow towards the vision of success. A leader should always inspire the whole team to progress and make each understand their role in the bigger picture. A leader should have the ability to challenge duties and should never be afraid to challenge the status quo. Leader should always think outside the box and do new things differently with courage.
For a leader the inter-personal skills such as communications skills are more important. It helps to keep the team informed of the whole objectives and progress. The main aspects of any leader should be listen, share with Honesty and integrity, they are crucial to make people believe and follow and align toward common goals. The development leadership will always starts from the top. Development efforts won't succeed alone without full support from management.
To summarize leadership as a whole it's all about three things: To empower, to listen and to inspire people. A successful leader always tries to listen actively, will make sure that he really understand the opponent person's views and points. He learns from those points and uses his basic trust and collaboration to empower and inspire people. It all about setting the bar high.
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