Here is a great insight from Fortune Magazine on the big difference between using Leadership and Management skills;

The manager administers, the leader innovates. The manager maintains, the leader develops. The manager relies on systems, the leader relies on people. The manager counts on controls, the leader counts on trust. The manager does things right, the leader does the right thing. – Fortune Magazine

In today’s rapidly evolving world, organisations require visionary leaders who can steer their teams towards success, rather than mere managers who oversee daily operations. Fortune Magazine’s insightful quote highlights the fundamental differences between leadership and management. While both are vital for the smooth functioning of any institution, the emphasis on leadership over management is becoming increasingly crucial to foster innovation, development, and human-centric growth.

Innovation vs. Administration: At the heart of the quote lies the idea that leaders are innovators. They possess a keen ability to envision the future and challenge the status quo. Instead of getting bogged down in day-to-day tasks, leaders inspire their teams to think creatively, empowering them to push boundaries and explore new possibilities. In contrast, managers often focus on administration, adhering to established protocols without seeking room for improvement or encouraging their teams to do so.

Development vs. Maintenance: Leaders are driven by a passion for development and growth. They recognise that organisational progress lies not in maintaining the status quo, but in consistently nurturing the potential of their team members. Leaders invest in training, mentorship, and skill development, recognising that the growth of individuals translates to the growth of the organisation as a whole. Managers, on the other hand, may prioritise stability and maintenance over fostering the long-term development of their team members.

People-Centric Leadership: Leadership places people at the core of its philosophy. Leaders understand that the success of any endeavour depends on the collective efforts and talents of individuals. They prioritise building strong relationships, promoting collaboration, and creating an inclusive and supportive work environment. Managers, while essential in their roles, may sometimes rely more on systems and processes than on nurturing meaningful connections among team members.

Trust over Control: In a rapidly changing world, rigid control mechanisms can stifle growth and innovation. Leaders recognise the importance of trusting their teams, allowing them the freedom to experiment and take calculated risks. Trust breeds empowerment, fostering a sense of ownership and accountability among team members. Managers, out of a need for control and adherence to rules, might inadvertently hinder the potential for innovation and creativity within their teams.

Doing the Right Thing vs. Doing Things Right: Perhaps the most significant distinction lies in the priorities of leaders versus managers. Leaders focus on doing the right thing, aligning their actions with ethical principles and long-term vision. They consider the impact of their decisions on stakeholders, society, and the environment. While managers prioritise efficiency and doing things right, they may not always have the broader perspective that leaders bring to the table

Fortune Magazine’s quote serves as a compelling reminder of the evolving landscape of leadership in contemporary organisations. While management remains a crucial aspect of any well-functioning institution, it is the essence of leadership that propels organisations to new heights. By fostering innovation, investing in development, valuing human connections, building trust, and striving to do the right thing, leaders pave the way for success in an ever-changing world. Embracing leadership over management is the key to unlocking the full potential of individuals and creating a brighter, more sustainable future for all.

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