Question

Identify functions, differences and similarities between management and leadership with examples? And describe the characterstics for successful leader.

Answer 1

Management and leadership

Management and leadership are the most important factors in the field of business management, all leaders can be a good manager but not all mangers can be a be a leader. But a leader can only be carved out through the phase of becoming a manager in short a leader can be formed out only from a manger as manager is a phase in the process of becoming a leader.

Taking these two aspects management and leadership, in simple and short the work management means it is an art of getting things doe through others with the effective application of functions like planning,directing, organizing and controlling.

In the case of leadership it is defined as the art of motivating a group of people for achieving a common goal.

Function of management and leadership

Function of management

As per Koontz and O’Donnell there are five basic function of management, they are:

Planning

Planning is the process of preparing a detailed plan so as to achieve the desired goal of an organization.The function is all about creating a plan towards achieving a specific goal or objective.

This requires a great knowledge an technical know how on the organization’s behaviour and their mission and vision of the organization. The achievement of the the long term goal can be planned through the planning of short term goal which can be achieved only through planning.

Organizing

Organizing is the process that comes before the execution of the plan organizing tells about what should be done by whom at what time. It is the process of using available resources in the mast efficient and effective manner. It is the process of organizing that bring together the financial, physical and other resources to achieve the panned short term or long term goal.

Staffing

Staffing is the process for providing the right amount of man power with the perfect amount of knowledge and experienced work force for the achievement of the organization goal, whether short term or long term. It is the function of staffing that gives the personals so as to carry out the other function of management. If the staffing goes wrong then the whole management process will be a failure in the organization. The process of staffing is carried out through various steps and process.

Directing and controlling

This is the fifth function of management and this is the function that contributes mainly to the ultimate result in the organization. Directing and controlling is the part of management that shows that the results obtained through the other functions are upto the benchmark and standards of the organization. The process of directing and controlling is carried out through effective communication, motivation and leadership. It is the one management that requires more of leadership skills.

Functions of a good leader or leadership:

There are many functions of a good leader or leader ship some of them are:

Policy making: A good leadership will always be having a proficiency in good policy making as per the situation which is reliable to the organization and its environment.

Planning: A good leader will be well enough efficient in planning and organizing various process in the organization.

Direction and guidance: a god leader should be able to motivate as well as guide people and his followers in achieving the desired goal of the organization.

Problem solving: a leader should be well efficient in problem solving in any circumstances off situation.

Representation skill: as being a leader a person with leadership quality should be able to represent his followers in the various situation of the team.

Controlling rewards and penalties: a leader should be well efficient and be a able to reward the achievement as well as be having an opinion in providing the penalties in the negative situations

Caused.

Role model : A leader should be a role model with ideologies and values that his followers can follow and implement among themselves.

Good communicator: a good leadership skill should have a good communication skill that he can be communicate any information among the followers or the team members.

Difference between leadership and management

management                                 leadership

Management is the process of organization	Leadership is process of innovation
It involves planning	It is led through visionary
It is a specialized function	It requires entrepreneurial skills
Responsible of minimizing risk	Calculated risk taker
Management is responsible for setting goals	Leadership is for decision making
Co-ordinate functions	Followed by followers
Responsible for controlling employees	Leadership involves creativity
Motivate others to achieve goals	Leaders eek excitement
Delegating of responsibility	Flexible to any situation
Accepting responsibility	Seek responsibility

Similarities between leadership and management

1. The first and foremost similarity is that they both work for the effective management of resources and achievement of the goal of the organization.

ex.: the leadership and the management of the organization works hand in hand with the available resources to achieve the goal of the organization.

2. The both management and leadership is responsible for the internal environment of the organization.

Ex.: the management is responsible for the staffing and the leadership is responsible for the mission and vision of the company that should be followed by the employees, which effects the environment of the organization

3. Management and leadership is responsible for the functioning an sustainability of the organization

Ex: the both factors should work in hand in hand or else the organization cannot sustain if one factor is a failure.

Basic characteristic of a good leader:

The basic characteristic of good leader is that the leader is evaluated in the basis of the followers that he has so a good leader should have the following characteristics.

1. He should have followers and not be following.
2. Be non biased in the policy taken.
3. Good communication skill
4. Good policy maker
5. Decision maker
6. Flexible to any situation
7. Risk taking
8. Good analytical skill
9. Responsible
10. Motivator
11. Creator
12. Innovative
13. empathy