10 Questions
Leader Vs Manager Leader Someone who can influence others and who has managerial authority Leading group of people through ______
influence
Manager a person who ______ the task Administers
manages
Common Activities of Leaders and Managers Planning ______ Directing/ Leading Controlling Staffing
Organizing
Planning Manager Planning Budgeting Sets targets Establishes detailed steps ______ resources
Allocates
Leader Devises ______ Sets direction Creates vision
strategy
Name two common activities of leaders and managers.
Planning and controlling
What is the role of a manager in organizing?
Creating structure, job descriptions, and hierarchy
What is the role of a leader in directing work?
Empowering people and being a cheerleader
What does a manager do in terms of controlling?
Implements control systems, identifies variances, and fixes variances
What is the role of a leader in motivating?
Inspiring and giving a sense of accomplishment
Study Notes
Leader Vs Manager
- A leader influences others and has managerial authority, leading a group of people through influence.
- A manager manages tasks, administers, and has no influence over others.
Common Activities of Leaders and Managers
- Planning, organizing, directing/leading, controlling, and staffing are common activities shared by leaders and managers.
Planning
- A manager's planning involves budgeting, setting targets, establishing detailed steps, and allocating resources.
- A leader's planning involves devising strategy, setting direction, and creating vision.
Organizing
- A manager creates structure, writes job descriptions, establishes a hierarchy, and delegates tasks.
- A leader gets people on board for the strategy, communicates, and builds networks.
Directing/Leading
- A manager solves problems, negotiates, and brings to consensus.
- A leader empowers people, acts as a cheerleader, and motivates.
Controlling
- A manager implements control systems, measures performance, identifies variances, and fixes them.
- A leader motivates, inspires, and gives a sense of accomplishment.
Performance Measurement
- Example of performance measurement: Expected Performance (EP) - Actual Performance (AP) = Variance (e.g., 5M sales - 3M sales = 2M).
Test your knowledge on the differences between leaders and managers, common activities of leaders and managers, and the importance of planning in entrepreneurship and leadership. Take this quiz to see how much you know about the roles and responsibilities of these key positions.
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