In the business world, it is essential to distinguish the understanding between leadership and management. Leadership and management are two distinctive and complementary systems of action. Each has its own function and characteristic activities.
Both are necessary for success in a constant complex and volatile business environment. For instance, managers provide procedures order and consistency. Leaders produce change and movement. Managers oversee planning and budgeting. They establish agendas, set timetables, and allocate resources. Leaders establish direction, create a vision, clarify the big picture, and set strategies. Moreover, managers oversee organizing and staffing. Leaders are in charge of aligning people. Managers provide structure, make job placements, and establish rules and procedures. Leaders communicate goals, seek commitment, and build teams and coalitions. Besides, managers pay attention on controlling and problem solving. Leaders concentrate on motivating and inspiring. For instance, managers develop incentives, generate creative solutions, and take corrective action. Leaders inspire and energize. Leaders also empower subordinates and satisfy needs. The contribution of leaders and managers help create a corporate culture where people value strong leadership and strive to create it (Potter, 2020).
Business members of the international community must obtain a solid leadership base for understanding concepts and skills since they all lead to positive changes in organizations. Keep in mind training accelerates and enlightens the growth of a true leader. Leadership is all about lifelong learning and personal growth!
Potter, J., & Kavanagh, M. (2020). The successful manager: Practical approaches for building and leading high-performing teams. Potter Consulting LLC.