MGT 330 Week 5 Individual Assignment Management and Leadership Paper

Apr 9th, 2015
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A. T. Still University
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Management and LeadershipThere are many drivers that contribute to the success, or failure, of today's or organizations. Countless internal and external factors including market health, culture, globalization, outsourcing, and technology bend and shape the organizational structure of businesses. One of the most profound factors that affect an organization is the competency of its leaders and management teams. In turn, an effective manager or leader must have a strong comprehension of the factors that affect his or her organization. A business benefits greatly when a skillful and inspirational leader is at the helm of an organization. Similarly, any business team within an organization gains the same advantages from a transformational leader, or perhaps a strong minded, transactional manager.Management versus LeadershipWhen considering the terms "management" and "leadership", one may assume the terms to be similar, or even interchangeable. The truth is that these terms have differences that, in practice, impact an organization in different ways. In fact, "Effective managers are not necessarily true leaders. Many administrators, supervisors, and even top executives perform their responsibilities successfully without being great leaders. But these positions afford an opportunity for leadership. The ability to lead effectively, then, will set the excellent managers apart from the average ones (Thomas S. Bateman, 2009)." The difference between management and leadership

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