INTERNAL ASSIGNMENT-2 QUE.2 List the characteristics of a manager vis-a-vis a leader. Explain any 5 points each with examples (both national and international perspective). ANS.2 It is typically understood that these functions happen in a step-by-step order. First, a manager plans a course of action and organizes the necessary reources. They then lead the project by providing roles and motivation for others. Finally, they manage the project as it proceeds and make adjustments as required. Of course, for a manager handling multiple projects, it's common for these functions to become tangled and not quite linear. That’s why it’s often good to step back and remember your primary managerial functions to make sure you're contributing to your team’s success in the most effective way possible. Management Leadership Taakrionted People cient Shlls based Aritudes Rational thinking Benavour Events Inspiratonal prosgreee wionery Methods Involves peosle Calculations Leads trough others ‘nahonity Lstens and motivates Teling people ‘Aaking poopie Push-approach Pur-approacn ‘Stats Rishi Here's more detail on the four functions of management — planning, organizing, leading, and controlling 1. Planning. Managers must navigate the decision-making process to help their team reach company goals. Effective planning involves a few important steps: ©. Identify challenges. Managers need to be aware of the challenges facing their team or business and what potential solutions are available to them. © Forecast future business. To determine the proper solution to each challenge, managers must be able to forecast the future impact of each particular solution on the business. © Formulate objectives and deadlines. Once a solution to a problem is identified, a manager needs to create a game plan to apply it. This involves planning out individual steps and setting appropriate deadlines and time frames, © Reevaluation. Managers need to stay constantly alert to changing situations. If a plan requires adjustments or isn’t working at all, it’s up to managers to identify the proper direction to lead the team,© Maintain efficiency. Throughout the entire planning process, effective managers should also understand how to allocate resources and reduce waste efficiently. 2. Organizing. To complete projects or meet any other company goals, managers must effectively organize physical, human, and financial resources. Doing so is often a fine balancing act, as any given team will only have a limited pool of available workers, funding, and other resources to accomplish their objectives. Some responsibilities of managers in regards to organizing resources include: © Classifying activities © Assigning activities to individuals or groups © Creating responsibilities © Delegating authority Team leaders must also establish new positions that need to be filled, fill those positions, and effectively train workers to perform the tasks. 3. Leading. Managers are responsible for motivating team members and providing the direction to accomplish a business’ goals and objectives. Effective leadership follows a few key principles: © Communication. In order for a team to meet its goals, each member must understand what their responsibilities entail. It's up to managers to communicate these ideas and ensure that everyone is on-board. Communication isn’t just about talking. Effective communicators know how to listen to questions and concerns. They practice self-awareness and empathy in order to choose a communication strategy that fits the recipient. © Motivation. Leaders are responsible for aligning the motivations of team members with the team’s overall goals. Set clear goals and reward employees who achieve or exceed expectations. Team members who show disregard for their work require corrective action, but not those who try but fail. Provide opportunities for growth and development. Tie the success of the team with that of the individual. 4. Controlling. This function refers not just to controlling people, but total supervision or management of the team or business in general Teams are not always immediately successful in tackling their challenges. It’s up to managers to identify what caused deviations from the goal and make appropriate changes.This may involve improving the performance of individuals responsible for particular problems, changing ineffective procedures, or adjusting the team’s strategy as a whole. MANAGERS ar en fs Managers Searcy Cee Rue Cae develop a vision and Co Work Focused §| People Focused Seed ere ea) eon Icy Eesha Retericccs Have Subordinates || Have Followers howe circles of influence ERIC mao ai} Do Things Right || Do the Right Thing} Leaders shape the culture and drive es eee ay‘A manager is typically responsible for planning and budgeting, setting goals and objectives, coordinating and supervising employees, and ensuring that an organization meets its goals. A leader, on the other hand, typically motivates and inspires employees, and is responsible for creating a vision for the organization. Here are five key differences between managers and leaders: 1, Managers are typically more focused on the present, while leaders are typically more focused on the future. 2. Managers are typically more concerned with efficiency and following rules and procedures, while leaders are typically more concerned with innovation and inspiring others. 3, Managers are typically more task-oriented, while leaders are typically more people-oriented. 4, Managers are typically more concerned with maintaining the status quo, while leaders are typically more concerned with making change. 5. Managers are typically more concerned with their own power and authority, while leaders are typically more concerned with empowering others, Some key characteristics of a manager vis-a-vis a leader are as follows: 1. A manager is typically someone who is responsible for overseeing and coordinating the work of a group of employees, while a leader is someone who motivates and inspires others to achieve a common goal. 2. A manager may use a more formal, top-down approach to decision-making, while a leader is more likely to encourage input from all members of the team. 3. A manager is typically more focused on short-term goals and objectives, while a leader is more likely to take a long-term view. 4. A manager may be more concerned with maintaining the status quo, while a leader is more likely to be open to change. 5. Amanager may be more task-oriented, while a leader is more people-oriented.