Leadership and Management 1.4

What's the difference between leadership and management?

The main difference between leaders and managers is that leaders have people follow them while managers have people who work for them. A successful business owner needs to be both a strong leader and manager to get their team on board to follow them towards their vision of success.

"Management is a set of processes that keep an organisation functioning. They make it work today – they make it hit this quarter's numbers. The processes are about planning, budgeting, staffing, clarifying jobs, measuring performance, and problem-solving when results did not go to plan."

Leadership is very different. "It is about aligning people to the vision, that means buy-in and communication, motivation and inspiration."

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