Mgt 330 Management Leadership Paper
Management and Leadership
Michael Varela
MGT/330 Theory, Practice, and Application
February 15, 2010
Perry Martin
Abstract
We are not inborn with the leadership trait. The function of leadership is to make the business a success. It is not the exclusively the playing field of senior managers. Managers and employees alike are required to be the bridge between the customer and the vision of Wells Fargo. Leadership is the act of sharing and communicating a vision of the future and the motivation of others to believe in, and align with that vision. Leaders are accountable for failures as well as manager. They give others the opportunity to be responsible. A first-rate leader will inspire a group to be self-reliant. A leader inspires a group to be sure of their selves. A leader will set a vision or direction for a group that follows. A leader is in the forefront for innovative ideas. Whereas the manager controls or directs people in groups in accordance to principles and values that have already been established the leaders of the organization. The difference between leadership and management can be illustrated by considering what happens when you have one without the other. Are they dependant of one another or can each be self-sustaining without the need of the counterpart?
Differences Between Management and Leadership
Before appointing a leader and manager into a corporation, each title must be classified to set expectations, specific duties, and roles. Without a clear definition of the each title and their position in the company the role of manager and leader may become indistinguishable. While leadership is frequently related with people in management positions, it should be noted that the titles are not necessarily one and the same. With the manager position come the duties of planning and overseeing group day-to-day activities. Most managers’ primary function is to focus on the
Michael Varela
MGT/330 Theory, Practice, and Application
February 15, 2010
Perry Martin
Abstract
We are not inborn with the leadership trait. The function of leadership is to make the business a success. It is not the exclusively the playing field of senior managers. Managers and employees alike are required to be the bridge between the customer and the vision of Wells Fargo. Leadership is the act of sharing and communicating a vision of the future and the motivation of others to believe in, and align with that vision. Leaders are accountable for failures as well as manager. They give others the opportunity to be responsible. A first-rate leader will inspire a group to be self-reliant. A leader inspires a group to be sure of their selves. A leader will set a vision or direction for a group that follows. A leader is in the forefront for innovative ideas. Whereas the manager controls or directs people in groups in accordance to principles and values that have already been established the leaders of the organization. The difference between leadership and management can be illustrated by considering what happens when you have one without the other. Are they dependant of one another or can each be self-sustaining without the need of the counterpart?
Differences Between Management and Leadership
Before appointing a leader and manager into a corporation, each title must be classified to set expectations, specific duties, and roles. Without a clear definition of the each title and their position in the company the role of manager and leader may become indistinguishable. While leadership is frequently related with people in management positions, it should be noted that the titles are not necessarily one and the same. With the manager position come the duties of planning and overseeing group day-to-day activities. Most managers’ primary function is to focus on the
References: Wells Fargo Bank. (2003). Wells Fargo Matricula Account Openings Surpass Quarter Million Mark. Retrieved from https://www.wellsfargo.com/press/matricula2003 Wells Fargo Bank. (2010). About Wells Fargo. Retrieved from https://www.wellsfargo.com/invest Marketing Teacher. (2000-2010). SWOT Analysis: Lesson. Retrieved from http://www.marketingteacher.com/Lessons/lesson_swot.htm