Tuesday, April 7, 2015

What is the difference between management and leadership

Knowledge Sharing:
1.  because to lead is to have followers, and following is always a voluntary activity.
2.  In the same study that showed managers as risk-averse, leaders appeared as risk-seeking, although they are not blind thrill-seekers.
3.  A surprising number of these leaders had some form of handicap in their lives which they had to overcome. Some had traumatic childhoods, some had problems such as dyslexia, others were shorter than average. This perhaps taught them the independence of mind that is needed to go out on a limb and not worry about what others are thinking about you.
4.  Just as managers have subordinates and leaders have followers, managers create circles of power while leaders create circles of influence.
5.  The quickest way to figure out which of the two you’re doing is to count the number of people outside your reporting hierarchy who come to you for advice. The more that do, the more likely it is that you are perceived to be a leader.
6.  Influence and inspiration separate leaders from managers, not power and control.
7.  The world needs leaders like him who can think beyond problems, have a vision, and inspire people to convert challenges into opportunities, a step at a time.
8.  A successful business owner needs to be both a strong leader and manager to get their team on board to follow them towards their vision of success. Leadership is about getting people to understand and believe in your vision and to work with you to achieve your goals while managing is more about administering and making sure the day-to-day things are happening as they should.
9.    With smaller organizations, the challenge lies in making sure you are both leading your team as well as managing your day to day operation. Those who are able to do both, will create a competitive advantage.
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