BUS 207 OL1
Many people confuse the idea of management and leadership by assuming they are the same but they have different definitions and characteristics which show why leaders have people follow them and managers have people work for them. “Management is about persuading people to do the things they do not want to do, while leadership is about inspiring people to do the things they never thought they could”1
A leader establishes and shares a vision with others and helps them realize what they are working towards. They inspire employees to work towards the same goals and step in during times of crisis and conflict. A leader is someone who naturally has the skills of sharing information and knowledge and although someone can enhance their leadership ability through ways such as coaching, it is not something that can be taught to someone. They either have the ability to lead or they do not.
There are different leadership styles and some people even combine multiple styles. Styles can include: Autocratic, Democratic, Strategic, Transformational, Team, Cross-Cultural, Facilitative, Laissez-faire, Transactional, Coaching, Charismatic, and Visionary. An example of a known leader and their leadership style is Adolf Hitler. He demonstrated directing style leadership by always instructing subordinates what the goal is and how the achieve it while also supervising them closely. He also demonstrated transformational leadership by implementing change within large groups of people. Another example is Bill Gates who was making quick decisions and made sure everyone knew he was in charge. He used authoritarian style leadership.
There are countless traits of a Leader such as decisiveness, awareness, focus, accountability, empathy, confidence, optimism, honesty, and inspiration. Succession planning for leadership positions is getting harder as 84%2 of organizations anticipate that over the next 5 years there will be a shortage of leaders due to a few different factors such as baby boomers retiring, people admitting they do not plan on staying in their current position for more than three years and by 2020, 48% of the workforce will be millennials3. Organizations need to find a way to keep millenials interested in their company to continue creating leaders with visions and goals.
The definition of management is “getting people together to accomplish desired goals and objectives using available resources efficiently and effectively”4. A manager must be able manage oneself before even attempting to manage others. There are many different hierarchical levels of managers from low level management to senior management and different styles of management include traditional management, team management, and servant management. Managers have specific traits. Some of these include cultural affinity, positive Attitude, prioritization, competence, empathy, accountability, honesty, patience, good character, flexibility, and have good decision making skills. To be a great manager, you need to be transparent, demonstrate maturity, not be afraid to roll up your sleeves to help if necessary and develop talent. The most important factor for millennials is training and development. 87%5 stated that they think that training and development are one of the most important aspects of their jobs as it helps advance their careers.
Some of the obvious differences between managers and leaders are that managers only look at the short term view, maintain and initiate whereas leaders look at the long term view, develop and originate. They are the complete opposite of each other. Organizations need managers and leaders to succeed. The leader will create the vision and goals then inspire the managers and subordinates to make it happen. Ultimately working as a team will make the goal more achievable.