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In sports, for example, the coach has the authority over the team by the simple fact that he or she has been hired for the job and entrusted with the responsibility. Leadership, however, can come from the coach, from the players themselves, or even the fan base.
Leaders develop the overall vision and strategies to fulfill that vision. Managers are charged with the planning, budgeting, and implementation of those strategies.
Management Consultant Peter Drucker perhaps said it best: “Management is doing things right; leadership is doing the right things .”
Here are six key differences between Leaders and Managers.
Creation of Purpose:
Leaders set the tone and create the vision.
Managers focus on plans, budget, and timetables for implementation.
Jim Collins tells the story of James Burke at Johnson and Johnson, who once pulled his management team together and threatened to rip the company’s credo off the wall. It laid out the company’s vision, including a higher duty to “mothers and all others that use our products.” “If we’re not going to live by it,” he said. “Let’s tear if off the wall.” He held similar meetings around the world with subsidiaries that ended in a re-commitment and a clear reminder of the company’s vision.