October 16, 2017

Difference Between Management And Leadership

Introduction

Management refers to the process of setting goals, developing action plan, allocating resources, structuring roles and responsibilities, guiding and motivating subordinates and monitoring performance to obtain certain goals and objectives. On the other hand leadership refers to the ability to influence and guide individuals towards a goal. It is the ability to empower people to achieve the objectives of the organization. Management gives focus on day-to-day activities but leadership concentrates on vision and change.

Difference Between Management And Leadership

The main dissimilarities or differences between management and leadership can be highlighted as follows:

1. Meaning

Management: It is a process of planning, organizing, commanding, coordinating, guiding and controlling employees to perform organizational tasks.
Leadership: It is an ability to persuade individuals to follow a vision in order to achieve goals.

2. Role

Management : The main functions or role of management are set goals, plan, organize, coordinate and control.
Leadership: The major roles of leadership are persuade, inspire and guide the followers

3. Emphasis On

Management: It gives emphasize on achieving short-term goals and objectives
Leadership: It emphasizes on on obtaining long-term goals

4. Outcomes

Management: It facilitates smooth operation of organizational activities so it brings consistency and efficiency in the workplace
Leadership: Effective leadership helps to bring change and growth
difference-management-leadership


5. Skills Required

Management: It requires problem solving and risk minimizing skills 
Leadership: It requires the ability to influence, good communication and creativity

6. Relies On

Management: It relies on authority (title and hierarchy)
Leadership: It relies on trust and vision

7. Components

Management: Planning, organizing, leading, directing, controlling etc.
Leadership: Vision, influence, inspiration, empowerment etc.

Management Vs Leadership (Comparison Table)

Basis 

Management

Leadership

Role

Planning and organizing

Inspiring and guiding

Power

Exercises power

Develops Power

Time Horizon

Short-term

Long-term

Outcomes

Consistency and efficiency

Change and growth

Relies On

Authority

Trust and vision

Skill Required

Problem solving

Influential ability