Management | Leadership | |
Time and devotion | ✔ Management is more 9−5. | ✔ 24 hours a day. ✔ Handles strategic decisions. |
Roles and responsibility | ✔ Administer day to day operations. ✔ Deal with how and when. | ✔ Accountable for more. ✔ More innovative. ✔ Deal with what and why. |
Influence on others | ✔ Adhered to due to power. ✔ Focus on tasks. | ✔ Inspire and motivate by example. ✔ Focus on people. |
Risk taking | ✔ Follow predetermined rules. ✔ Tackles tasks by abiding by policies. | ✔ More radical. ✔ Take risks to move the organisation forward. |
Vision | ✔ Deal with stable environments. | ✔ Create a culture of hope. ✔ Shine during times of change. |
FAQs: Leadership vs. Management
What is the difference between Leadership and Management in business?
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While often used interchangeably, Leadership and Management refer to distinct functions and roles within an organization:
- Management: Primarily focused on the *process*. Managers plan, organize, staff, direct, and control operations. They focus on efficiency, consistency, and achieving goals through established procedures and resources. Management is often about *doing things right*.
- Leadership: Primarily focused on the *vision*. Leaders inspire, motivate, and influence others towards a common goal. They focus on change, innovation, and shaping the culture and direction of the organization. Leadership is often about *doing the right things*.
What are the key characteristics or focuses of Management?
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Management typically involves:
- Executing plans and budgets.
- Organizing and staffing roles.
- Controlling and problem-solving based on predefined standards.
- Maintaining stability and order.
- Focusing on systems and structure.
What are the key characteristics or focuses of Leadership?
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Leadership typically involves:
- Setting vision and strategy.
- Aligning people through communication and shared values.
- Motivating and inspiring action.
- Initiating change.
- Focusing on people and relationships.
Are both Leadership and Management necessary for a business to succeed?
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Yes, absolutely. Both are essential. Effective management ensures that operations run smoothly, efficiently, and predictably, keeping the business functioning day-to-day. Strong leadership is needed to define where the business is going, adapt to change, inspire employees, and create a motivating culture. Management provides stability and execution, while leadership provides direction and inspiration. An organization needs both to thrive in the long term.