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LEADERSHIP & MANAGEMENT What’s Leadership?? It is the power of a private or a gaggle of people to influence and guide followers or other members of a corporation. While creating and articulating a clear vision or providing followers with the knowledge and establishing achievable goals, Leadership involves making sound -- and sometimes difficult – decisions. As said by Keith Davis, “Leadership is the ability to influence others to seek defined objectives passionately. Human factor can only bind a group together and motivates it towards goals.” The modern leadership movement is predicated upon the principle that leaders aren’t born, they’re made. The arts of leadership and management, like all cultivated skills, are learned and honed by practice over time regardless of where you reside. We usually consider the two terms Leadership and management as synonymous. We must understand that leadership is an essential part of effective management. Being the crucial component of management, remarkable leadership behavior stresses upon building an environment during which each and each employee develops and excels. Leadership is about getting people to grasp and believe the vision you set for the corporate and to figure with you on achieving your goals, while management is more about administering and ensuring the day-to-day activities are happening as they ought to. A manager must have traits of a innovator, i.e., he must possess leadership qualities. Leaders develop and start strategies that build and sustain competitive advantage. For an optimal efficiency in any organization Both Leadership and management have to be robust. MANAGERS vs. LEADERS We have Managers who Give Directions where as on the other hand Leaders ask questions. If Managers have subordinates then Leaders have followers. When Managers use a controlling style, there Leaders has a motivational style. While Managers tell what to do, Leaders demonstrate what to do. Managers provides with good ideas which are then implemented by leaders. Managers respond to change when Leaders generate change Managers aim to be heroes Leaders formulate heroes of everyone around them Managers train power over people Leaders build up power with people “LEADERSHIP IS ABOUT STIMULATING AND MANAGEMENT IS ABOUT SETTING UP”

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