LM - Leadership and Management in Business [LESSON]

Leadership and Management in Business

Leadership and management are key components to an organization’s success. This lesson will introduce leadership and management skills and how these skills influence a successful business environment.

Leadership vs Management | Knowledge Point & Activity

Today’s workplace is continually evolving to include not only new and emerging technologies but also new and emerging career fields! To be successful, organizations and businesses must have managers who are capable of strategizing, organizing, and overseeing the workforce. It is also crucial for businesses to have leaders who can motivate employees and inspire them to achieve optimal results.

Leadership and management are both essential components of business success, but they involve distinct sets of skills and responsibilities. Explore the object below to find out more about both leadership and management.

Leader or Manager? | Practice Activity

Demonstrate your understanding of leadership and management by participating in the activity below. Drag each situation to the appropriate area. Is the situation describing a leader or a manager?

Reflection

Successful organizations need individuals in both leadership and management positions. Leadership sets the direction and inspires others to follow it while management ensures that the necessary processes and resources are in place to achieve the direction and goals. Many successful individuals in leadership positions may also have strong management skills, and effective managers might exhibit leadership qualities. Many times, successful leaders and managers are able to balance both aspects (of leadership and management) to achieve organizational success. 

[CC BY-NC-SA 4.0 Links to an external site.] UNLESS OTHERWISE NOTED | IMAGES: LICENSED AND USED ACCORDING TO TERMS OF SUBSCRIPTION - INTENDED ONLY FOR USE WITHIN LESSON.