Many up and coming Entrepreneurs make the mistake of misunderstanding Management and Leadership.
Management entails managing and controlling a group to achieve a given aim or objective. For example, managers take control of a situation by offering a sense of direction by instructing a team or an individual. However, Leadership differs to management as Leaders do not necessarily instruct others, instead of telling you what to do, Leaders show you how to achieve the given aim or objective, which allows a margin for error in some cases. For example, a leader may have their preferred style on a group presentation, but they will make sure every member of the team is comfortable with their role.
|Hand out instructions.||Ask Questions.|
|Managers have assistants.||Leaders have followers.|
|Managers have final say.||Leaders listen.|
|Managers hold the power||Leaders share the power.|