Difference between Leaders and Managers

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Francisco Faraco

What is leadership? Who is a leader and who is a manager? Leadership is all about leading people and both managers and leaders are responsible for leading companies. The leaders and managers have similar responsibilities. They are responsible for leading the business in the direction of success and planning its future as well. The leaders and the managers need to create a business plan, they need to set the aims and targets of the business. They have to set challenging aims and targets of the business. They have to lead the business and make sure that their strategies are being implemented, the employees are following their orders and completing everything on time.

Francisco Faraco

Francisco Faraco – Founder & Managing Partner at Faraco Partners, LLC

The managers and leaders set the aims and targets of the business and command the employees to make sure that all the employees are meeting deadlines and contributing to the success of the company. They have to take care of a number of different things. However, there are multiple differences between leaders and managers. Here are a few differences between leaders and managers.

A manager is appointed whereas a leader emerges with a passage of time. A manager is hired by the directors of the company. The managers are hired to handle the business and lead it properly. However, leaders are not hired because they emerge with a passage of time. Managers learn leadership qualities, they show their qualities with time and prove their worth and ultimately get the title of leaders.

Managers are functionary. Managers work for the business, they work as a piece of machinery. They follow the orders of their superiors. They follow their orders and check if the orders are implemented. However, leaders are different from managers. Leaders are innovators. They don’t work as a piece o machinery. They are different, they think out of the box. They like to experiment in the workplace. They think out of the box to introduce new strategies because they believe in being innovative.

Managers accept responsibilities, whereas leaders seek responsibilities. A manager accepts the responsibilities being given by the superiors, but the leaders seek responsibilities. Leaders always look for responsibilities. They wait for the responsibilities, they look for the responsibilities and take an initiative to do something. They don’t wait for the orders of their superiors because they like to take an initiative to do something.

 

About the Author

Francisco Faraco

Francisco Faraco is an experienced Investment Advisor and CEO, Portfolio Manager and Founder of Faraco Partners, LLC, an Independent SEC-Registered Investment Adviser.

Difference between Leaders and ManagersunratedFrancisco Faraco2017-11-24 06:20:44What is leadership? Who is a leader and who is a manager? Leadership is all about leading people and both managers and leaders are responsible for lea…

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