Phoenix University
LEADERSHIP VS MANAGEMENT
Introduction
The subject of leadership and management confuses many people since both are the qualities seen in people who head an organization. Indeed a successful leader should possess shrewd leadership skills as well as being cognizant with the art of managing the resources of the organization (Havinal, 2009). A lot of literature has been drawn trying to delineate the two sister aspects as well drawing on the common points where they integrate to result to a more resounding delivery of a firm at both vertical and horizontal levels.
Management
Management is described as a factor of production where it is involved in coordination of the business activities with a view of attaining certain organizational goals and objectives. Managing consists of a number of aspects that include formulating of the corporate policies, planning, directing, controlling and organizing of the organization’s resources in line with achieving the set goals and objectives (Schermerorn, 2005). The persons charged with management tasks are the managers and directors who have the company’s constitutional powers as well as the responsibility to oversee and make decisions that affect the enterprise’s daily running. Therefore, managers are statistics-driven and thrive on predictability. Management is constituted by a number of persons who may range from a few individuals to hundreds of them or even thousands in the case of multinational corporations such as Walmart. The board of directors designs and draws the policies that are put into play. CEO, a function, which is deemed vital for the prosperity of the management and the firm as a whole; quality and experience are the most cherished attributes of the person who is required to fill the position. Thus, managers are simply required to administer the policies formulated and maintain the good performance of the firm in the market. They are problem solvers
References: Giuliani, R. W., & Kurson, K. (2002). Leadership. New York: Hyperion. Havinal, V. (2009). Management and entrepreneurship. New Delhi: New Age International. Schermerhorn, J. R. (2005). Management (8th ed.). New York: J. Wiley.