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... of the organizations of which they are members.” Source: http://www.managementupdate.
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Submitted by techtnr on November 2, 2005
Category: Business
Words: 851 | Pages: 4
Views: 450
Popularity Rank: 14,737
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Management and Leadership
Management and leadership, two words that are considered synonymous and are often used in the same context, yet they do not mean the same thing and they describe two different concepts. According to the dictionary, management is 1) The act, manner or practice of managing; handling, supervision, or control; 2) The person or persons who control or direct a business or other enterprise; 3) Skill in managing; executive ability; where as leadership is 1) The position or office of a leader; 2) Capacity or ability to lead; 3) A group of leaders; 4) Guidance; direction. In many organizations, management is a job description; leadership is a positive trait. Managers tend to think incrementally, while leaders think radically. This difference in perspectives is that leaders tend to lead with emotion and concern for their subordinates; managers tend to follow guidelines and company policies while utilizing management functions to achieve their desired goals.
The purpose of this paper is to distinguish between the two, look at the responsibilities that come with leadership and make suggestions for creating and maintaining a healthy organizational culture.
In business, management can be defined as (1) the pursuit of organizational goals efficiently and effectively by (2) integrating the work of people through (3) planning, organizing, leading and controlling the organization’s resources. Management is a theory and a way of doing business. It is a process that is exercised in order for an organization to be successful. This process is generally broken down into four established functions: planning, organizing, leading, and controlling. Management is the function that determines how the organizations human, financial, physical, informational, and technical resources are arranged and coordinated to perform the necessary tasks towards achievement of the organizations strategic goals. Management normally consists of people,...
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