1.2. Differentiate between leadership and management. According to the extract how can leaders become more effective? Discuss.

Leadership and management are two terms which have been used hand in hand and sometimes are often used interchangeably to describe positions in which one may direct a group of people. The might sound similar but they have different meaning and are one of the most researched topics in business management today.

Today’s groups, organizations, and teams need both effective leaders and effective managers to run a successful operation. While some obvious similarities (i.e. they both involve influencing constituents or employees; authority and power are generally given with both positions) can be found between leadership and management, there are also some striking differences (i.e. management is often more task-oriented; leadership is often considered more inspirational and visionary). Management refers to roles which typically involve the supervision of employees. The depth or reality of a manager’s responsibility may differ depending on his position, for example a human resources manager has to ensure that his subordinates arrange and carry out recruitment to occupy vacant company positions, while a finance manager has to organize the collection of commercial trends and aid decision making of the higher-ups based on analyses. The manager is responsible for creating and executing plans based on organization’s goals set by the superiors and to measure the performance of his department at regular intervals, which in turn helps to track company performance. Because of this, he is granted authority over the subordinates based on the nature of his job. He oversees the day-to-day running of activities within his department, deploying tasks amongst the different employees, ensuring that work is done and deadlines are met. As a result, managers