MGMT3: Leadership, Leader vs. Manager, Importance in Business
VerifiedAdded on 2023/03/29
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Essay
AI Summary
This essay delves into the multifaceted concept of leadership, beginning with a definition and exploring its significance in the business world. It highlights the contrasting roles of leaders and managers, emphasizing that leaders influence others to achieve targets, prioritize employee satisfaction, and foster collaboration. In contrast, managers focus on implementing the right actions and boosting productivity. The essay further elaborates on the differences in perspective, with leaders emphasizing long-term vision and change, while managers often maintain the status quo. It concludes that both leaders and managers are critical for business success, focusing on the operational functions and the overall growth of the business in a competitive environment. The essay uses the example of a local café manager to illustrate the characteristics of a leader and manager.
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