Leadership in Management
Leadership in management refers to the capacity of a companys management to set and achieve challenging goals, take fast and decisive action when needed, outperform the competition, and inspire others to perform at their highest level. It involves providing direction for a company and its workers, showing workers how to effectively perform their responsibilities, and influencing, motivating, and enabling others to contribute toward organizational success. Leadership is about creating positive, non-incremental change through meticulous planning, vision, and strategy, as well as workforce empowerment and adaptive decision-making. It is also about taking risks and challenging the status quo, motivating others to achieve something new and better.
Leadership is distinct from management, which is about delegating responsibilities and getting people to follow the rules to reduce risk and deliver predictable outcomes. Managers are responsible for completing critical functions such as planning, organizing, leading, and controlling, and they do not challenge the status quo but strive to maintain it. While managers relate to people according to the role they play in a sequence of events or in a decision-making process, leaders are concerned with ideas and inspire change and innovation.
In summary, leadership in management involves setting and achieving goals, inspiring others, creating positive change, and providing direction for the organization and its employees. It is distinct from management, which focuses on maintaining the status quo and delivering predictable outcomes. Both leadership and management are essential for the success of an organization, and they require different approaches to achieve their respective goals.