DEFINITION : LEADER AND LEADERSHIP A leader is someone who holds a position of authority or influence and is able to inspire and guide others. They are often responsible for setting a vision, motivating their team, and achieving goals. According to Merriam-Webster, a leader can be a person who has commanding authority or influence, or the principal officer of a political party. Leader Definition & Meaning - Merriam-Webster Leadership can be defined as the ability of an individual or a group of people to influence and guide followers or a team. It is not solely tied to a person's title, seniority, or ranking in a hierarchy, but rather, it is an attribute that anyone can have or attain, even those without formal leadership positions. Leadership involves behaviors used to help people align their collective direction, execute strategic plans, and continually renew. It is about guiding and impacting outcomes, enabling groups of people to work together to accomplish what they couldn’t do working individually. What Is Leadership? | Definition by TechTarget What is leadership: A definition and way forward | McKinsey DIFFERENCE BETWEEN MANAGEMENT AND LEADERSHIP MANAGEMENT Management skills are abilities and traits needed to perform certain duties, usually as it pertains to overseeing a team, such as solving problems, communicating well, and motivating employees. Such skills can be learned, through practical experience, or in courses and then honed on the job. https://www.coursera.org/articles/management-skills-for-resume LEADERSHIP Leadership is the ability of an individual or a group of people to influence and guide followers or members of an organization, society or team. Leadership often is an attribute tied to a person's title, seniority or ranking in a hierarchy. However, it's an attribute anyone can have or attain, even those without leadership positions. It's a developable skill that can be improved over time. https://www.techtarget.com/searchcio/definition/leadership DIFFERENCES 1. Leaders Lead by Example, Managers Manage Teams While a leader might set an example and influence subordinates and peers, a manager might simply manage teams in a standard way. For example, a manager who isn’t recognized by peers and subordinates as someone with true leadership capabilities might simply be followed as an instructor, who organizes schedules, assigns tasks, and forwards reports to senior management. On the contrary, a leader might be seen as someone who mentors his subordinates, lead by example, takes on the most difficult and challenging tasks, and raises the bar for his team to try to match his hard work, intellect and skills. 2. Leaders Inspire Action, Managers Manage Activities While a leader might inspire his/her team to try to come up with new ideas, to improve the quality of work and complete tasks under challenging deadlines; a manager might have a more mechanical approach. Leadership vs Management A manager might simply manage a team which works according to a set routine, based on assigned tasks with little or limited motivation. Many managers also face the dilemma of being unable to inspire their teams and even fail to maintain discipline, which leads to resentment, petty politics, unnecessary delays and a decline in the quality of work delivered from a team. 3. Leaders Innovate, Managers Organize One of the key traits which sets leaders apart from managers is their ability to innovate and come up with new and improved methods of getting tasks organized. Many Total Quality Management techniques have led to improvement and innovation. A good example of this is Kaizen, which aims at improving activities for all workers through consultation and collaboration. This includes everyone from the CEO to the blue collar worker at the assembly line. The cycle of this Total Quality Management technique entails a Plan – Do – Check – Act approach. In fact, in many organizations workers are given the authority to suggest improvements in case of any identified abnormality. It is worth pointing out that concepts such as Kaizen can only be implemented where the workforce is truly motivated and the workforce has more “leaders” than “managers” who can innovate and inspire the workforce. 4. Leaders Take Risks, Managers Cautiously Plan This is one of the trickiest part of being a leader: Taking risks. Leaders are prone to taking risks, which is a two edged sword. Risks are called “risks” for a good reason; since they can lead to an awful outcome. Nonetheless you can’t expect to do something groundbreaking without taking risks. The problem lies in balancing the risks with the potential to recover from a bad decision and this is what good leaders do quite well. This is not to say that many renowned leaders didn’t bet everything they had to take risks, which might or might not have paid off. A good example of this type of leadership is from Jeff Bezos. Despite having a high paying job at Wall Street, Bezos sacrificed everything to start an online bookstore by the name of Amazon in 1994. This was a time when Internet usage was low and people were only beginning to realize the power of the .com industry. He not only left his job as the Senior Vice President at D. E. Shaw but also began a business which was unlikely to yield any real profit for many years to come. In fact, Bezos himself warned early investors that there was a 70% possibility of his venture going bankrupt. While managers who fail to become leaders are cautious and this might work for many individuals in their careers; risks are arguably the stepping stones for true leaders. 5. Leaders Inspire Change, Managers Bring Stability While risks can lead to great rewards, however you don’t want too many people within an organization with a risk taking attitude! Leaders can inspire change with their personality, however an organization also needs people who bring stability and that includes people who are risk averse. Managers, as compared to people with leadership qualities can be risk averse, and that can help bring stability to keep the wheel moving forward smoothly for an organization. The right mix of people capable of steady day to day management and inspiring leaders within an organization can be a blessing. For example, many organizations have managers who provide a stable working environment; whereas Directors often come up with innovative solutions, and inspire the workforce with their charm, charisma and foresight. Furthermore, leaders can help inspire change, especially to counter resistance to a new method or procedure and to encourage continuous improvement via methods like Kaizen. 6. Leaders Plan for the Future, Managers Shoulder Immediate Responsibilities Every organization needs a leader who can think ahead and consider the changing conditions of the market. Jeff Bezos started with an online retail store and expanded it into the largest e-store in the world. In fact, it is hard to think of a conventional store which provides products as diverse as Amazon. This change could not have been possible in the mid 90s when Amazon was launched. However, as Internet usage expanded, so did Amazon. Bezos saw this many years before the Internet boom. While a steady management can help keep things running smoothly, it is the leader who truly envisions the future and the direction of the organization. 7. Leaders are Proactive, Managers are Reactive If you have had the misfortune of working with incompetent management, you would know that managers, especially ones with little vision or skill are often reactive. They fail to listen to hard working and competent subordinates and react to a bad situation once it’s created. Unfortunately, many competent managers which lack leadership abilities do the same. They are not proactive since they are risk averse. This in turn leads to fewer initiatives and a clogged system where even a minor change can result in a breakdown. Leaders, on the contrary, are proactive and keep the workforce motivated and ready to push through bottlenecks. Managers can often lack the adaptability of situational leadership, which can help them mould their subordinates according to the situation and changing market needs. This is why when many people in the management get stuck, they look to their bosses to move things forward, such as a Director or CEO. Related read: Toxic leadership article. Interestingly, many times this type of leadership is inspired by junior team members who can end up having more respect than their bosses due to their competence, intellect, hard work and a proactive, charming personality. 8. Leaders Build Shared Values, Managers Focus on Workforce Management What drives many modern organizations are shared values. While managers can focus on workforce management, leaders build shared values and inspire corporate culture. Leaders inspire values that drive an organization and motivate employees to move forward to achieve desired goals. The shared values are synced with the goals of an organization and are often translated into taglines that can help inspire the workforce. Managers lack the ability to build their own values, since they are too short sighted to do so or find it hard to muster enough support to build an environment where they can inspire change. 9. Leaders Motivate, Managers Instruct When your boss asks you to get something done, you have one of two feelings. One, you might want to get the job done somehow, which is all about getting paid for your job. Two, you might want to get the task done with perfection because you don’t want to led down your boss and want him to consider you can someone reliable. The latter is a trait which often requires motivation. While many new employees in an organization might have the latter attitude at the beginning of a new job, their motivation can quickly dwindle in the wake of poor leadership, lack of encouragement, petty politics at the workplace and numerous other factors. A leader knows how to keep his/her employees motivated and away from a toxic environment. They try to cater for the needs of the employees at a personal level and provide perks which might keep them motivated. For example, an organization may offer company stocks, play areas, good health insurance, annual bonuses and other perks to keep employees motivated and working hard for the benefit of the organization. Similarly, a mechanism of punishment can ensure that employees feel obliged to comply. A method better known as transactional leadership. Leader vs Manager Key Comparison Source: Leader vs Manager PowerPoint template A leader can inspire a feeling that makes the employee feel as if he/she has a personal stake in the business. Some even do it without being able to offer much to their subordinates. This is how most successful companies begin as startups. 10. Leaders are Charismatic, Managers are instructive There are people at the office that you casually greet every day. And then there are people who everyone likes to be around. Some people have a vibe which can make others feel happy and excited. That is the vibe of a true leader. A good sense of humor, expert knowledge, and a confident personality; all these things inspire people, and leaders often have more than one of these traits. Charisma can be enjoyed by people regardless of their leadership style. A leader can be charismatic despite practising an autocratic leadership style. However, other leadership styles are likely to have more charm such as someone who practices a strategic leadership style, transformational leadership style, team leadership style or cross-cultural leadership style. Perhaps the trickiest is the democratic leadership style, as keeping multiple people happy and willing to follow you with motivation is nothing short of an art. https://slidemodel.com/leadership-vs-management-key-differences/ VIRTUES AS THE FOUNDATION OF LEADERSHIP Virtuous leadership is founded on the principles of character strengths, or virtues, that are essential for effective and sustainable leadership. These virtues include prudence (practical wisdom), courage, selfmastery, justice, magnanimity, and humility. Prudence increases a leader's ability to make right decisions, courage permits them to take risks and stay the course, self-mastery subordinates their emotions to the spirit, and justice impels them to give everyone their due. In addition to these, virtues such as practical wisdom, courage, justice, magnanimity, and humility are also considered essential for virtuous leadership. Leaders who possess these virtues are more likely to achieve personal greatness by bringing out the greatness in others, and they are seen as more attractive to others who want to work with them. Therefore, virtues form the foundation of leadership, as they are the bedrock upon which effective and sustainable leadership is built. Virtuous leadership: a source of employee well-being and trust | Emerald Insight Principles | VLI (hvli.org) What is Virtuous Leadership? (linkedin.com) Virtuous Leadership (ufsauniv.com) Five virtues of leadership (linkedin.com) TRAITS OF LEADERSHIP The traits of leadership include a combination of personal and interpersonal qualities. According to various sources, some common traits of effective leaders include: Self-awareness and humility: Understanding one's strengths and weaknesses is essential for effective leadership. Integrity and accountability: Good leaders demonstrate honesty, integrity, and take responsibility for their actions. Effective communication: The ability to communicate clearly and listen actively is a fundamental leadership trait. Adaptability and creativity: Successful leaders are open to change, creative in problem-solving, and adaptable to new situations. Empathy and relationship-building: Showing empathy, empowering others, and building strong relationships are important for effective leadership. Confidence and resilience: Good leaders are confident in their decision-making and demonstrate resilience in the face of challenges. Learning agility: The willingness to continuously learn and grow is a key trait of successful leaders. These traits contribute to the overall effectiveness of a leader and their ability to guide and inspire others. 12 Characteristics and Qualities of a Good Leader | CCL Leadership Traits: 10 Top Qualities of Effective Leaders | Indeed.com 8 Essential Qualities of Successful Leaders (hbr.org) The Top 7 Qualities of Effective Leaders (corporatefinanceinstitute.com) snhu.edu/about-us/newsroom/business/qualities-of-a-good-leader QUALITIES OF AN EFFECTIVE LEADER Effective leaders possess a variety of qualities that enable them to inspire and guide others. Some key characteristics of an effective leader include: Self-Awareness: Understanding one's strengths and weaknesses is essential for effective leadership. Integrity: Acting with honesty and strong moral principles. Influence: The ability to influence and motivate others. Transparency: Being open and honest, while maintaining discretion when necessary. Courage: The willingness to take risks and make difficult decisions. Respect: Treating others with consideration and valuing their contributions. Compassion: Showing empathy and care for others. Humility: Being modest and open to learning from others. Empowerment: Encouraging and enabling others to reach their full potential. Communication: Clearly and effectively conveying ideas and vision. Resilience: The ability to bounce back from setbacks and remain focused on goals. Delegation: Empowering others by assigning tasks and responsibilities. These qualities can be developed and honed through experience, self-reflection, and continuous learning. Effective leaders are not necessarily born with these traits, but they can cultivate and improve them over time. 12 Characteristics and Qualities of a Good Leader | CCL 6 Characteristics of an Effective Leader | HBS Online 10 Good Leadership Qualities | SNHU 8 Must-Have Qualities of an Effective Leader | Michael Page Qualities of a Leader: 17 Leadership Qualities [2023] • Asana