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WHAT IS MANAGEMENT? /Fundamentals Management.pdf/

Simply speaking, management is what managers do. But that simple statement doesn’t tell us much. A
better explanation is that management is the process of getting things done, effectively and efficiently,
with and through other people. We need to look closer at some key words in this definition.

Four Management Functions

Planning

Defining goals, establishing strategy, and developing subplans to coordinate activities

Controlling

Monitoring activities to ensure that they are accomplished as planned

Organizing

Determining what needs to be done, how it will be done, and who is to do it ne, done, o do it

Leading

Directing and coordinating the work activities of an organization's people

. WHAT IS LEADERSHIP? Fundamentals Management.pdf

Let’s begin by clarifying who leaders are and what leadership is. Our definition of a leader is someone
who can influence others and who has managerial authority. Leadership is what leaders do. It’s a process
of leading a group and influencing that group to achieve its goals

What does a leader do?

What leaders really do is prepare organizations for change and help them cope as
they struggle through it /what Leader Really Do PDF/

As you can see, a leader has many responsibilities. But they tend to fall into the
same three buckets: /https://www.betterup.com/blog/what-is-a-leader-and-how-do-you-become-one/

• Coach
• Guide
• Inspire

Coach
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A good leader strives to develop their employees and teams through coaching and
mentoring. This can be through one-to-one meetings and asynchronous touchpoints. And
most of their coaching ladders up into supporting the overall goals of the company.

A great leader will balance both the goals of the employee with those of the organization.
Making everyone’s development a symbiotic relationship. Oftentimes the individual’s growth
correlates with the company’s growth.

Guide

Alongside coaching, leaders also guide their employees. This comes through building and
organizing teams, setting goals, devising ways to achieve those goals, and leading
employees through the process.

A leader can guide employees through difficult conversations, for example, or variou s ways
to solve problems.

Inspire

One undervalued role of a leader is to inspire. A great leader can leverage their storytelling,
empathy, and communication skills to inspire their employees and key stakeholders.

Whether they are vouching for a direct report’s promotion, pushing back on a strategy, or
managing a team who missed its goals –– inspiring others is a large part of a leader’s role

Difference between Management X Leadership /by John P. Kotter what Leader Really Do PDF /

Leadership is different from management, but not for the rea sons most people think. Leadership isn’t
mystical and mysterious. It has nothing to do with having “charisma” or other exotic personality traits. It
is not the province of a chosen few. Nor is leadership necessarily better than management or a
replacement for it. Rather, leadership and management are two distinctive and complementary systems
of action. Each has its own function and characteristic activities. Both are necessary for success in an
increasingly complex and volatile business environment

Leaders create a vision, managers create goals

Leaders take risks, managers control risk

Leaders build relationships, managers build systems and processes

Leader's coach, managers direct