What does it mean to stop managing and start leading

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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What does it mean to stop managing and start leading
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Management

  • Management is the process of Planning, Organizing, Staffing, Directing, and Controlling the processes and the people involved in an organization.
  • Managers perform these functions by planning for the future, creating goals and objectives, building strategies to achieve the goals, organizing the work, and staffing employees to fill in the gaps between where the organization is and where it has to reach.
  • It also directs the employees towards accomplishing their goals and organizational goals.
  • They control and evaluate this entire process on a regular basis using statistical tools and management principles.
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