1. Leaders create a vision, managers create goals.
Leaders draw a picture of what they believe is feasible and then motivate and involve their followers in bringing that vision to life. They think beyond the actions of individuals. They encourage people to participate in something larger. They understand that working together, high-functioning teams can accomplish far more than individuals working alone. Managers are concerned with setting, assessing, and attaining objectives. They exert control over conditions in order to achieve or exceed their goals.
2. Managers work in the present, while leaders look to the future.
One of the most significant distinctions between leaders and managers is that leaders are more future-oriented, whilst managers are more present-oriented.
As a result, the manager's most significant task is to achieve organisational goals by implementing budgeting, organisational structuring, and staffing processes and procedures. Leaders, on the other hand, are more likely to plan ahead and seize future chances.
However, the leadership's vision for the future is useless unless it can be communicated openly and clearly to both managers and employees.
3. Leaders take risks, while managers manage them.
Leaders are willing to take risks, even if it means failing miserably. They understand that failure is frequently a necessary step on the road to success. Managers strive to reduce risk. Rather than embracing issues, they try to avoid or control them.
4. Leaders build relationships, whereas managers build systems and processes.
Leaders concentrate on the individuals they need to influence in order to achieve their goals. They are familiar with their stakeholders and spend the majority of their time with them. By continuously delivering on their promises, they earn loyalty and trust. Managers concentrate on the structures required to set and achieve objectives. They concentrate on the numbers and make sure that mechanisms are in place to achieve the desired results. They help people achieve their goals and objectives.
5. Leaders create culture, and managers embrace it
The difference between leadership and management in terms of organisational culture is that leaders define and influence it. At the same time, the managers encourage their employees to follow the culture.
It is the leader's responsibility to uphold the organization's basic values and ideals through their actions, real communication, and decisions. Passionate and inspiring leaders have tremendous power to influence employee behaviour and communicate the organisational culture throughout the organisation.
The manager's responsibility is to consistently promote and endorse the culture within their teams, while their abilities and leadership styles have a huge impact on how employees take and live that culture.