Executive Summary
The management within corporate organizations has very critical roles. The managers remain central in enhancing the efficiency and effectiveness within most corporations. Business management principles identify the management roles to be very vital. Particularly, this applies to the present global competitiveness.
There are notable disparities between leadership and management. However, a critical examination into the roles indicates that these two categories are complementary. Having the appropriate management skills and forming a component of the team that propagate operations are common elements within leadership and management. The different leadership and management roles must be defined. It is also critical to analyze the concept of leadership in relation to increasingly transforming global organizational demands.
The Role of Managers in Corporate Organizations
The term manager draws its basic definition from the kind or nature of the roles that the specific person undertakes. Generally, a manager may be termed as an individual charged with the obligation of planning, organizing as well motivating and controlling. Most managers usually assume the superior within distinct teams and have the authority to exercise certain definite powers.
Within corporate settings, the managers have the obligation to enhance the apprehension of the basic management process. In undertaking such roles, the corporate managers formulate plans and decisions. Apart from these, these managers bear the obligation of supervising, controlling and organizing various factors within the corporate organization. Some of these f actors may include human resource or other personnel, finances as well as the critical information resources.
The managers within corporate organizations have to design the formulae and art of attaining the objective organizational goals. It is imperative to note that such a role may only be attained under specified conditions. The conditions that these managers must fulfill to attain their goals are diverse.
Some of these include proper engagement of the available resources, such as the personnel and finances. Therefore, it can be deduced that corporate managers without appropriate and strategic resource management skills are likely to fail. The managers execute their roles within the corporate organization’s administrative position. The managers are specialists. They help in finding out solutions during intricate conjunctures. They have the capacity to take critical risks on behalf of the corporate organization.
Imperatively, they also operate to draw and outline the basic visions and mission for their organizations. They have the obligation to initiate and conduct basic research to innovate the basic methodologies to keep the organization competitive.
In addition, these managers are responsible for implementing and supervising the various strategic approaches to the running of the organization. They have a crucial role in the development and formulation of the appropriate strategy for the corporate organizations. Additionally, they also stimulate and stir transformations within the organizations.
Supervisory roles are inherent within any management position. The managers within corporate organizations also have the obligation to motivate their followers. The managers motivate and encourage most workers to excel in their duties. Ensuring proper work distribution is a key management role within the corporate organizations. Managers are usually the heads of various departments and exercise defined responsibility over their subordinates.
Managers within corporate organizations have the responsibility to stir, initiate, and support innovation as well as novelty amongst the employees or other subordinate staff. The top management has the obligation to plan for the organization’s strategic goals or decisions. The middle-level management includes those who head various departments. They support the operating resolutions, supervise the first level managers and control the execution of critical decisions.
The first-line management has very significant roles. They also have a direct control of the corporate organization’s implementation procedures that basically occurs within the low levels. There are also functional managers that bear the responsibility for overseeing basic processes including production, marketing as well as finance. Indeed, it can be recognized that the managers within the corporate organizations have critical roles in enhancing efficiency and effectiveness within such organizations.
Leadership and Its Growing Demand
Leadership has increasingly become a pertinent concern within the general business and organizational management. The increasing competitiveness and growing demands for more globalized management approaches have motivated the advanced demands for leadership. Particular kinds and theories for or generational leadership have been widely discussed by most scholars.
However, the basic fact remains in the application of strategic leadership approaches that have the capacity to enable firms develop competitively. Due to the highly flexible leadership demands, most organizations have emphasized on the need to engage more qualified and competent human resource. The leadership aspect has considerably been recognized during recruitment process. This enables most organizations to nurture critical leadership competencies and personalities.
Organizations globally seem to be possessed by a fresh motivation and passion for innovation, novelty as well as growth. This trend has particularly been noted following the duration of massive retrenchment as well as downsizings within such organizations.
Rapidly growing technology, high rates of global expansion and flexible business models have resulted in the demand for more strategic and focused leadership approaches within organizations. The notable mergers as well as takeovers within most multinationals and domestic corporations are indicated to have significant impacts on the types of leadership required within various organizations.
Evidently, the present corporate leaders are seemingly confronted by a severe requirement for novel types of talent as well as leadership approaches. Various types of leadership approaches and theoretical models have been indicated to have significant and varied effects on the present organizational performance or efficiency. For instance, the capacity of transformational leadership approach to stir and motivate change and innovation amongst diverse groups has been noted.
As the leadership demands grow, many organizations and their managements are gradually realizing the need to integrate participatory approaches within the management. Employees are presently identified as the first and important stakeholders within most organizations. Therefore, the need to integrate them and apply a comprehensive leadership approach that includes all the stakeholders is eminent within most organizations.
The human resource departments within various organizations have had the challenge of recruiting personnel with promising and vibrant leadership competencies. Moreover, they have the challenge to assist such personnel with budding leadership skills to fully realize ad exercise their notable competencies. Due to flexible and ever-transforming business demands and competitive environments, there must be a clear methodology of defining the future leadership requirements within organizations.
Participatory leadership includes one of the most preferred and practiced leadership approaches within most organizations. Its continued application is premised on the fact that it allows room for collective bargaining and indulgence of all relevant personalities. It may also be applied in taking care of the employees’ demands and general welfare.
Generally, it can be noted that an appropriate leadership approach leads to high levels of efficiency as well as effectiveness within present organizations. Present leadership approaches within organizations must focus on a diversity of strategic issues. For instance, the leadership must be concerned on how the organization must quickly be prepared for transformation within the entire organization. Critical leadership skills needed for the future must be taken into consideration.
Technological, emotional as well as intellectual aspects of effective leadership have distinct influences on the organizations’ performance. Much demand is increasing for leaders who can foster development and growth. They must be highly innovative and intuitive in order to comprehensively deal with complexities within the highly competitive global business and organizational arena.
Leadership skills that enhance a person’s capacity to excel in a multicultural global environment are appropriate for efficiency to be realized within organizations. Leaders with in profit making organizations must also think like their clientele. Complete leadership competencies are also pertinent in enhancing success and effective organizational performance.
Interpersonal associations, character, individuality and critical attributes are some of the vital elements required of effective leadership within present organizations. There is also a growing demand for those leaders with the capacity to work within the outlined processes. Generally, it is evident that present organizations need more strategic leadership approaches in order to remain more competitive and successful.
Leaders and Managers: Their Differences and Similarities
Generally, a leader refers to an individual present or occupying the topmost designation or cadre within any institution or organization. The leader occupies this top most position in the organization with a basic defined objective. Basically, leaders endeavor to motivate or inspire certain personalities or followers to endeavor and attain distinct and outlined collective goals as well as objectives.
Leadership is basically the process of inculcating values and principles into the lives of individuals or followers. Effective leadership within any team or organization may be realized by ensuring the presence of maneuverability. This should evidently prevail even in the instances of adversity. An appropriate leadership approach should thus focus on providing outstanding quality client service, conquering novel grounds or avenues and collecting the needed resources.
Evidently, management and leadership are critical undertakings that usually go hand in hand and complement each other. Leadership in practice involves inculcating multiplicity, injecting motivation, enthusiasm as well as commitment and optimism. By initiating hard work, dedication and desire to succeed, leaders become role models.
They prepare others for the tiring road to success. Leaders conduct organizational reorientation, and systems downsizing. They also help in goals and deadlines accomplishment. The ability to influence others requires leaders to have full inherent energy. Weak leadership leads to poor organizational performance and inefficiencies. Leaders apply their power to influence the character of other people. Leaders are also endowed with the skill as well as information power.
Management generally refers to the art that involves planning, organizing as well as controlling any business process. In other terms, management has been seen to vary from leadership.
This is because it involves the exercise of executive, administrative or supervisory roles upon a specific group by a manager within an organization. Unlike leadership, management involves the supervision of the homogeneous and heterogeneous teams within an organization. Management assumes a substandard position of authority and remains obligated to a leader.
Through the observation of collective convictions, traditions, principles and cultures, the management roles ensure work processes are complete. Unlike leadership, management requires familiarity with individual traits such as the mastering of theoretical skills, practical skills, as well as human skills. The capacity to articulate ideas as well as other concepts allows the management to conquer barriers that obstruct concentrating on the wider picture.
With a superior comprehension of practical skills, management remains better-off rectifying practical and mechanical faulty systems. Unlike leadership, vital management paraphernalia is a person’s experience. The similarities between management and leadership are obvious. For instance, they both involve working with teams and diverse individuals. In order for both roles to be effective, there must be people skills.
Through working with different people, both the leader and manager must be alert and attentive. This is because both roles entail the addressing of worker’s needs as well as opinions. The followers’ welfare must, therefore, be considered in both leadership and management roles. Although there are significant disparities between leadership and management, there exist other shared core values that predominate as similarities between the two concepts.
Building Your Leadership Skills
The art of leadership may not be easily mastered and practiced. Good and appropriate leadership is developed with the preferred character as well as relationship practices.
The skills also form a consequent rating scale for good leadership. Effectively performing leaders are widely respected. This is due to their integrity, constructive attitude, wisdom and their dedication or determination to success. Good managers are able to develop their leadership competencies. Due to this, they are able to become leaders with outstanding management skills.
Effective management calls for more than simply delegating roles to the team members. There is an evident need for the leader with the capacity to motivate group members in order to attain their maximum potential. In building leadership, one has to discover whatever individuals think about their management approaches. Such initiatives might be applied to enable a potential leader to make positive transformations.
An open-minded approach is critical in enhancing a person’s leadership competencies. Listening hard enables one to build their leadership skills. This is because through listening, one is able to offer appropriate problem solution approaches. This enhances an individual’s problem solution capabilities.
Practicing effective communication and feedback mechanism is important in developing a person’s leadership skills. This is because communication refers to an important leadership role that must be practiced. The capacity to respect the followers’ capabilities and lead through example also includes some of the important observations that are necessary for developing leadership skills.
Sharing tasks and other leadership responsibilities enables several individuals to enhance their leadership capacities. Furthermore, evaluation and monitoring of the team and individual success is a periodical undertaking that helps to note the weak and potential areas within leadership path. These are some of the important considerations for individual enhancement of leadership skills.
Conclusion
As observed, leadership as well as well management form powerful structures. They exert remarkable manipulation within different workplaces or organizations.
Whilst management is obligated with creating order and stability, leadership is essentially meant for introducing transformation and movement. A leader enjoys diverse responsibilities, has several qualities and exercises upon many individuals for the purpose of the urge of achievement. Leaders appear to be more personal. On the other hand, managers are impersonal concerning goals.