Concepts of ‘leadership’ and ‘management’

Dwelling on values, it seems that managerial leaders should achieve optimal combination of various values such as joy and hope, charity and peace, but the most meaningful for me are values of joy and hope because the implementation of the grandiose plans always requires a special rush of energy.Thus, taking everything into consideration it is possible to summarize that both concepts of management and leadership are different in their essence, functions and strategies of development. Contemporary era of socioeconomic change forces companies to find a way equally to train competent managers and to educate talented leaders. In conclusion, people who need to realize own potential in career should try to master both management and leadership strategies for the purpose of to be successful in today’s increasingly complex and rapidly changing business world.

References:

Ahmed, Z., Shields, F., White, R., & Wilbert, J. (2010). Managerial communication: The link between frontline leadership and organizational performance. Journal of Organizational Culture, Communication and Conflict, 14(1), 107-120.

Bateman, T. S. & Snell, S. (2007). Management: Leading and collaborating in a competitive world. (7th ed.). McGraw Hill.

Darling, J. & Heller, V. (2009). Organizational development in an era of socioeconomic change: a focus on the key to successful management leadership. Organization Development Journal, 27(2), 9-27.

Denning, S. (2011). The reinvention of management. Strategy & Leadership, 39(2), 9-17.