Leadership and Management: A Critical Analysis of Their Impact on Team Working

Business Management and Leadership
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Table of Contents
Introduction......................................................................................................................................3
Differences between management and leadership...........................................................................3
Critical evaluation of leadership styles and management theory....................................................4
Impact of leadership and management on team working................................................................5
Conclusion.......................................................................................................................................6
References........................................................................................................................................7
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Introduction
Leadership and management are the two most common concepts used in a business environment
and are often used interchangeably. In the given report, a discussion on these two business
concepts, focusing on their meaning and impacts have been provided, thereby highlighting their
core differences. The report has critically evaluated the management theory and various
leadership styles and also assessed their individual impacts on team working. The discussion has
been made based on the perspectives of different theorists. In order to get a comprehensive
understanding of the two concepts, critically evaluate them and study their impact on team
working, the example of a private organisation, namely Harrods, has been taken into
consideration.
Differences between management and leadership
The term “leadership” refers to the potential of the organisation’s management to develop and
accomplish demanding goals, undertaking quick and crucial activities, surpassing rivalry
encouraging others to improve their productivity. On the other hand, the term “management”
has been defined as the art of accomplishing organisational goals and objectives by grouping
individuals together and bringing coordination within the business activities (Donate and de
Pablo, 2015). For the success of a business, the services of both a leader and manager are
required. To get a comprehensive understanding of both the concepts, their differences need to
be identified.
 Leaders are responsible for creating vision for the organisation whereas the managers are
responsible for creating goals. At Harrods, the leaders identify the business prospects and
encourage other professionals of the company to follow this vision. Alternatively, the
managers in compliance with this vision develop, measure, and achieve goals by controlling
the operations and situations.
 Leaders are the agents of change whereas the managers are the preservers of rank. The
innovative business ideas at Harrods are presented by their leaders, like H.E. Sheikh Hamad
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