Why is it so crucial to be both a manager and a leader? what are the consequences of not being able to be both?

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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Why is it so crucial to be both a manager and a leader? what are the consequences of not being able to be both? 

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Introduction

Leaders inspire and align people to achieve goals by creating a vision, setting a direction, and inspiring and aligning them. They create new structures and interactions. Within existing organisations, managers plan, organise, budget, coordinate, control, and execute operations. Leaders concentrate on roles, whereas managers concentrate on functions. Employees are pushed to accomplish corporate goals and objectives by leaders, while managers are pushed to achieve them by managers. Leaders influence, inspire, and motivate others, while managers ensure that day-to-day tasks are completed efficiently. Managers think inside the box, but leaders think outside the box. Managers live for now, while leaders live for tomorrow. Managers are visionaries, whereas leaders are visionaries.

 

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