Leadership and Management People often mistake leadership and management as the same thing but in essence, they
Question:
Leadership and Management
People often mistake leadership and management as the same thing but in essence, they are very different. The main difference between the two is that leaders have people that follow them, while managers have people who simply work for them. Particularly in small businesses, for a small business owner to be successful they need to be both a strong leader and manager to get their team on board with working towards their vision of success. Leadership is about getting people to comprehend and believe in the vision you set for the company and to work with you on achieving your goals, while management is more about administering and making sure the day-to-day activities are happening as they should. Leadership and management must go hand in hand. They are not the same thing, but they are necessarily linked and complementary to one another. Any effort to separate the two within an organisation is likely to cause more problems than it solves. For any company to be successful, it needs management that can plan, organise and coordinate its staff, while also inspiring and motivating them to perform to the best of their ability. (Source: Advantage Human Resource (HRD press & Lakewood Publication) |
Based on the scenario above, you are required to choose as your topic.
I choose:
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Question:
1. Research TWO(2) latest news and activities about each company (economic, covid-19 pandemic issue, technology, politic, sociology and relevant current 2021 issue) and its leadership managementpracticein the same period of time and strictly pertaining to management aspects.
2. Examine how the interest of stakeholders were positively and negatively affected in the perspective of leadership in management.