According to some, managers are principally administrators - they write business plans, set budgets, and monitor progress. Leaders on the other hand, get organizations and people to change. Management is a function that must be exercised in any business, leadership is a relationship between leader and led that can energize an organization. As a result, the role of management in the American workforce has shifted, and today's managers, more and more, have to develop some …
showed first 75 words of 1023 total

showed last 75 words of 1023 total
…is not as sharp as the saying would suggest, and both are required for effective corporate growth: leadership risk creates opportunities while management strictness turns them into tangible results. Great leaders create and maintain a healthy organization culture. By doing this, employees know where the leaders stand. References: Bennis, W.G., Why Leaders Can't Lead. San Francisco: Jossey-Bass, 1989. Drucker, P.F. The Practice of Management. New York: Harper and Row, 1986. <Tab/>