Management vs. Leadership

Many people quickly assume that being a good leader means you're a good manager and vice versa. Any organization or business needs people who are good at both leadership and management if they are going to succeed. With good management and poor leadership they will be able to execute everything very well, but will be doing so without a consistent direction and overall strategy. With good leadership and poor management a company will have the goals and inspiration to succeed, but no one to execute the plan on how to get there.The two concepts are actually quite distinct and understanding that distinction can help you understand what it means to be good at either or good at both.

What are the Key Characteristics of Management?
From a broad perspective, management is smaller scale and more focused on details than leadership. The leader sets the vision and the broad plan, the manager executes it and does what is needed to achieve that plan. Key characteristics of management are:
•    A tactical focus on aspects of the organization's strategy
•    Executing on specific areas within their responsibilities
•    Formulating and enforcing the policies of a business to achieve its goals
•    Directing and monitoring their team to achieve their specific goals
•    Management and containment of risks in an organization
•    Short term focus with attention to the details
What are the Key Characteristics of Management?
From a broad perspective, management is smaller scale and more focused on details than leadership. The leader sets the vision and the broad plan, the manager executes it and does what is needed to achieve that plan. Key characteristics of management are:
•    A tactical focus on aspects of the organization's strategy
•    Executing on specific areas within their responsibilities
•    Formulating and enforcing the policies of a business to achieve its goals
•    Directing and monitoring their team to achieve their specific goals
•    Management and containment of risks in an organization
•    Short term focus with attention to the details