Advertising
Advertising

Published on February 4, 2019

Why Leadership and Management Are Two Sides of a Coin

Why Leadership and Management Are Two Sides of a Coin

Tackling entrepreneurship involves juggling multiple roles at once. In the early stages, you’ll need to play a variety of roles from HR, Sales, Fulfilment and more.

As you progress and grow a team however, you’ll eventually have to work with people conducting various activities in your business. This is where the distinction between leadership and management is muddied, but is still inherently important.

Leadership is largely defined more closely to a leader charting the course with people who follow them ahead whilst management as a field describes the manager maintaining the status quo with people who work for them.

The differences between them stem from two stakeholders: the manager or leader and subordinates or followers and their professional dynamics.

Successful business owners have to possess traits of both a strong leader and manager to convince and direct a team towards the direction of success.

1. You Must Earn the Role of a Leader, but Still Maintain a Manager’s Tasks

By default, employees follow the orders to their superiors (managers). This is more because of the role or rank attributed to them by virtue of their position rather than a conscious choice to do so. This professional relationship between manager and subordinate works to a large part to accomplish day-to-day tasks without jeopardising the status quo.

However, when push comes to shove, this dynamic can be shaken and threatened. If teams are mismanaged or mistreated, their loyalties can very quickly be adjusted.

Advertising

In fact, a Harvard Business Review survey reveals 58 percent or people say they trust strangers more than their own boss.[1]

Entrepreneurs have to also assume the role of a leader, to earn the trust and respect of their followers. Followers should be compelled to make decisions to listen to leaders based off their own volition rather than because of any hierarchical construct.

Coupling both leadership and management in this case is to try to avoid sacrificing the professional relationships at the workplace present between managers and subordinates, being able to still enforce deadlines, whilst being able to have tasks performed willingly by your followers.

Making the transition:

Get involved in the struggles and challenges of your team. Ensure that any task you delegate is one that you can adequately understand and offer support to your staff when needed. Having skin in the game is one of the hallmarks of a good leader.

2. Learning Goes Both Ways

Management typically involves a one-way approach to communications which can sometimes stifle the confidence and learning curve of all stakeholders involved. This relationship happens when the manager is the only subject matter expert whilst everyone else supports mainly implementation. This can also result in over-management as managers tend to micro-manage when given full power over working ‘cogs’.

Leadership on the other hand embraces the prospect that managed personnel are inherently capable and have abilities that might be equally suited to handle various tasks even better than the leader. Basically, leaders know when to admit they don’t know everything and that they can be wrong.

Advertising

Making learning a two-way exercise empowers followers to be more daring and guarantees the evolution of the organisation over time. Knowing when to do this is the difficult part.

As a manager, you’ll need to conduct regular training to imbue staff with necessary skills and procedures to accomplish their tasks. As a leader, you need to open your mind to ensure that you don’t stifle potential and creativity within the team and workplace to create an environment where ideas are shared freely.

Making the transition:

Give your team ownership and credit for the work that they do and their various expertise. Acknowledge that you might not always be the best in every area and seek to instead help your team of professionals do their best work. Create an open environment where people are not afraid to speak up.

3. Go Further, or Go Faster

“If you want to go quickly, go alone. If you want to go far, go together.” – an African Proverb

Executives have a choice to pursue general efficiency or loftier goals overall as a priority in their management style.

Managers tend to optimise tasks for efficiency and speed whilst maintaining a good grip on control; while Leaders seek to relinquish control to empower teams to make their own decisions and pave the way in accordance to visions they set.

Advertising

Generally in smaller companies and even larger teams, this structure serves to encourage faster growth and efficiency in processes. The truth is that you can’t do everything on your own, leading a team is the way to move together, further and faster.

As a manager, there will be instances where you need to be ruthlessly focused on a priority task ahead, at times, speeding towards the finish line all on your own. Other times, you’ll want to lead your team to work together to fill any gaps in experience or quality. It’s about toe-ing the line and being versatile to play either role when necessary.

And sometimes, to have them follow you, you’ll need to show them instead of tell them. Overcoming your fear of public speaking is a good first step to take to become a more confident leader.

Making the transition:

See the pursuit of excellence as an exercise that you do together with your team. You work hard together, play hard together and reap the fruits together.

Your followers need to feel that they have a stake in the outcome you’re after and as a leader you must remember that no man is an island.

4. Invest in People, Not Just Process

Management can sometimes lead to de-humanisation when there is an over-emphasis on processes and formality. Global studies reveal that 79 percent of people who quit their jobs cite ‘lack of appreciation’ as their reason for leaving.[2]

Advertising

Playing the role of a leader is a lot more than following steps and learning about best practices. It’s about being an empathetic and authentic human being.

Try dishing out a few kind words on a job well done, create an environment where excellence feels just as rewarding and don’t let the context of work dampen human relationships you can develop with your team.

As a manager, it pays to invest in good processes that take care of itself so that the organisation can run like a well-oiled machine. However, processes are inherently still ‘powered by’ humans and you need to assume the role of a leader to keep your team motivated to take initiative to take these processes to the next level.

Making the transition:

Every executive is on their own journey in life and in their careers. We all seek growth, meaning and active progression. As a leader in your organization, you have to recognize that and lay the groundwork and pave the road ahead for your team members to grow and feel appreciated as human beings. Stop looking at problems through the lens of a body corporate, but begin to see how you can tackle it without compromising the morale or growth of your team.

Final Thoughts

In summary, being an effective executive or entrepreneur involves more than simply playing a single role of either a manager or leader. It’s about developing a unified mission that your team and you will work towards together, and creating the formal environment for it to be able to happen in a systematic fashion.

Essentially, great leaders are usually required to be great managers too.

Endeavouring towards becoming both a strong leader and manager can sometimes seem like hunting for a ‘unicorn’ of an ideal. If you take the right steps towards it, I’m confident you’ll see a dramatic, but positive growth spurt.

More Resources About Leadership & Management

Featured photo credit: rawpixel via unsplash.com

Reference

More by this author

Eugene Cheng

Eugene is Lifehack's Entrepreneurship Expert. He is the co-founder and creative lead of HighSpark, offering presentation training for companies.

10 Most Successful Entrepreneurs (And What to Learn from Them) How to Succeed in Business: 10 Skills Every Entrepreneur Needs Why Leadership and Management Are Two Sides of a Coin 12 Foolproof Tips for Entrepreneurs to Be Successful in a New Venture How to Be a Successful Entrepreneur (15 Powerful Actions to Take Today)

Trending in Smartcut

1 What Is Creativity? We All Have It, and Need It 2 How to Set Long Term Goals and Reach Success 3 Easily Distracted? Here’s How to Regain Your Focus 4 How to Answer the Interview Question “What Motivates You?” 5 Why You Need to Set Future Goals (And How to Reach Them)

Read Next

Advertising
Advertising
Advertising

Last Updated on January 24, 2020

10 Good Habits To Have in Life To Be More Successful

10 Good Habits To Have in Life To Be More Successful

Habits are behaviors and patterns that you showcase by default. They enable you to carry out crucial activities like taking a shower, brushing your teeth, getting prepared for work.

Interestingly, you follow this routine every day without considering them. Your unconscious habits create room for your brain to perform more advanced activities like problem-solving and choosing what book to read.

Everyone has habits, and several of those habits are activated every day. I would classify them into three groups:

  • The first category includes the habits that you hardly notice as they have become a major part of your life- such as brushing teeth or wearing clothes.
  • The second category comprises good habits to have to be more successful-like eating healthily, exercising your body and reading books.
  • The last group consists of those habits that are harmful-like procrastinating, smoking or overeating.

Habits are fundamental to becoming successful in life — or probably ending up a failure. Yet, as significant as habits are, some lack the knowledge of their capabilities.

Habits are default activities that you engage in without giving an afterthought. They are automatic behavioral or mental activities. They help you carry out some actions without exerting too much energy. They simplify your life.

Several people aspire to break bad habits. For instance, some people diet to stop overeating. They exercise to reduce obesity. Habits can hinder or impact your performance and productivity.

That’s why I would share 10 good habits to have to be more successful in life.

1. Begin Your Day with Meditation

I recommend mindful meditation early in the morning. This practice helps you to be in the present moment. Consequently, it enables you to be mindful of challenging situations during the day.

Different stressors may trigger as you go through the day; meditation helps you to remain calm before taking on the challenges.

Personally, it helps me to devise strategies and think about ideas. Meditation is a good habit to have if you want to be connected to what’s significant in your life.

Advertising

2. Be Grateful for What You Have

Sometimes, you waste time thinking of what’s not enough. You become immersed in those daunting challenges. However, challenges justify the presence of hope. When you have life, you have expectations. You will be free from challenges when you are six feet under. The only strategy you have to stop focusing on your problems is to focus on what you have.

Gratitude is a time-tested pathway to success, health, and happiness. It redirects your focus to what you have from what you lack. Here’s what James Clear does every day,[1]

“I say one thing I’m grateful for each day when I sit down to eat dinner.”

3. Smile

Can you pause and smile before you continue reading this?

Now here is what just happened based on research conducted by the Association for Psychological Science; you set a pace for living a happier life when you smile. A genuine smile or what’s called a Duchenne smile is a good habit to have if you want to find spiritual, emotional and mental peace of mind.[2]

Smiling induces the release of molecules that function towards fighting stress. The physiological state of your body determines the state of your mind. When you slouch or frown, your mind takes cues relating to unhappiness and depression. But, once you adjust yourself by putting up a smile, you begin to feel a new level of excitement and vibrancy.

Can you smile again?

4. Start Your Day with a Healthy Breakfast

Starting your day with a healthy breakfast is a good habit to have and forms a crucial part of your life. Nevertheless, about 31 million Americans skip their breakfast each day.[3]

If you are fed up hearing that breakfast is a crucial component of your day, you are only fighting the truth. If you want to become more successful, you need to ‘break your fast’ with healthy foods every morning.

This habit is not difficult to form if you usually rush out the door every single morning. You can wake up earlier to fix yourself a meal so you don’t break down during the day.

Advertising

Get inspired by these 20 Healthy Breakfast Choices That Will Save You Time.

5. Exercise Daily

One of the good habits to have is to exercise your body and muscles every day. You don’t have to run a marathon or lift a weight. You only need to engage in less strenuous activities that oxygenate your blood and inject endorphins in your body.

Jack Dorsey, the CEO of Twitter, classified exercise as a good habit to maximize his already jam-packed schedule.[4] He said,

‘I wake up by 5, meditate for 30 minutes, seven-minute workout times three, make coffee, and check-in.’

He said on Product Hunt that he follows this routine every day as it gives him a steady-state that empowers him to be more productive.

6. Manage Your Time as You Manage Your Finance

Another good habit is the act of managing your time effectively. This goes a long way to impact your achievement.

Time management is what separates the successful from the rest of the world as we all possess the same amount of time. How you leverage time determines your potential to succeed in life.

So how do you manage your time effectively?

Here’s Jack Dorsey’s recommendation in one of the Techonomy events;

“I accomplish effective time management by theming my days and practicing self-discipline. These themes help me handle distractions and interactions. If a request or task does not align with the theme for that day, I don’t do it. This sets a cadence for everyone in the company to deliver and evaluate their progress”.

And this is Dorsey’s weekly theme:[5]

  • Monday – Management
  • Tuesdays – Product
  • Wednesday – Marketing and growth
  • Thursdays – Developers and partnerships
  • Fridays – Culture and recruiting
  • Saturdays – Taking off
  • Sundays – Reflection, feedback, strategy, and preparing for Monday

No wonder he was able to run two companies when others were struggling with one job.

7. Set Daily Goals with Intentions

Everyone has goals. It may relate to business or personal life. The truth is, we’re all tending towards a particular direction or another. Nevertheless, while long-term goals can offer you direction, it’s your daily goals that you establish that help you develop short-term goals that are essential for your success.

Long-term goals may not give you the motivation you need to keep on. But when you implement your short-term milestones daily, you become fired up, and you can overcome the challenges that come with taking on bigger tasks.

Here’s the main truth:Successful people don’t set goals without establishing their intentions. According to Jennifer Cohen of Forbes,[6]

“What helps you to achieve your desired expectation is ensuring intentions accompany your daily goals.”

Be intentional about your daily goals!

8. Seek Inspiration

It is usually difficult to be inspired for a considerable length of time. Sometimes, you become discouraged and feel like giving up on your goals when things are not working out as intended.

A practical approach to stay on top of the situation is to inspire yourself each day. When you wake up in the morning after meditation, watch some motivational videos, and let the story of great leaders inspire you.

Establish what Anthony Robbins called the ‘hour of power.’ Determine how many minutes you spend but make it count. Inspiration is the fuel for achievement because when you can conceive it in your mind, you can accomplish it.

Advertising

Michal Solowow, an investor and the founder of Mitex, a construction company puts it this way,[7]

“The problems I encounter in everyday life motivates me to find solutions. This is a self-propelling mechanism. becoming a billionaire was never a motivating factor.”

9. Save Steadily, Invest with All Prudence

I can exhaust the good habits to have without talking about saving and investing. Most times, you overlook the significance of saving for the future when you are living in your present moment. According to CNBC, a $1000 emergency will propel several Americans into debt.[8]

However, it is not enough to save, and you must invest your fund and be wise with it. If you pay attention to this now, you will set yourself for a life of success in the future. Ensure you save at least six months in your emergency account so you can be prepared for any future emergency.

10. Budget and Track Your Spendings

Benjamin Franklin warned of taking the precaution of little expenses. He said,

“A small leak sinks a great ship.”

It is easy to discard little expenses, but the truth is they always add up. This happens when you fail to budget.

Budgeting is a good habit to have, which can impact your financial life significantly. The money you spend on extravagant lifestyles can be saved and invested in your future.

The Bottom Line

Endeavor to cultivate these good habits to have to become more successful as you journey through life. The quicker you cultivate them, the faster you achieve your goals.

More About Habits

Featured photo credit: Andrijana Bozic via unsplash.com

Advertising

Reference

Read Next