Kotter, J. (2013, August 15). The key differences between leading and managing [Video]. YouTube. https://www.youtube.com/watch?v=SEfgCqnMl5E
In essence, the difference between leadership and management lies in their focus and functions within an organization.
Management involves a set of processes aimed at ensuring the smooth functioning of systems within an organization. These processes typically include planning, budgeting, organizing, problem-solving, and decision-making. Managers are responsible for executing these processes to ensure that the organization operates effectively and efficiently according to established protocols and procedures.
On the other hand, leadership revolves around creating a vision for the future and inspiring and motivating others to work towards that vision. Leaders focus on setting goals, aligning people with the vision, and creating an environment where individuals are empowered to contribute their best efforts. Effective leadership involves guiding the organization through change, seizing opportunities, navigating challenges, and elevating performance standards.
In summary:
Management ensures the organization functions as intended, focusing on processes and systems.
Leadership sets the direction for the organization, creating a compelling vision and inspiring others to achieve it.
It's crucial for individuals within an organization to understand the distinction between leadership and management to ensure that both aspects are effectively addressed to meet the challenges of a rapidly changing environment. Overemphasizing management at the expense of leadership can hinder an organization's ability to adapt and thrive in turbulent times.