Leadership vs Management

Leadership

1. Vision and Inspiration: Leaders inspire and motivate their followers by creating and communicating a compelling vision for the future. They encourage innovation and change to achieve that vision.

2. Influence: Leadership relies on influencing others through charisma, inspiration, and strategic thinking, rather than through direct authority or control.

3. Change and Innovation: Leaders are agents of change, focusing on opportunities to innovate and taking risks to push boundaries and challenge the status quo.

4. Empowering Others: Leaders empower their followers by delegating authority, encouraging autonomy, and fostering an environment where individuals can develop their skills and take ownership of their work.

5. Focus on People: Leadership is primarily focused on people, emphasizing the importance of building relationships, developing teams, and aligning individual aspirations with organizational goals.

Management

1. Planning and Organizing: Managers are responsible for setting goals, planning, organizing resources, directing activities, and controlling processes to achieve specific objectives.

2. Process and Structure: Management emphasizes establishing and maintaining structures, processes, and systems to ensure that organizational operations are efficient and effective.

3. Problem Solving: Managers focus on identifying and solving problems within the existing organizational framework, using analytical skills to develop practical solutions.

4. Risk Aversion: Managers tend to be more risk-averse compared to leaders, prioritizing the safeguarding of the organization's resources and ensuring operational stability.

5. Focus on Tasks: Management is task-oriented, with a primary concern for completing tasks on time, within budget, and to the required standard, ensuring the smooth execution of organizational functions.