Leader Ship

Professor of Leadership at Harvard maintains that "Most US corporations are over managed and under led." In essence, today's managerial jobs require management and leadership skills with varying degrees of focus. The higher we go on the corporate ladder, the greater the demand for leadership ability. Thus, the increasingly fast changing environment we face requires more leadership from more people. To cope with these forces good mastery of leadership and management skills is essential in order to marshal and manage any organization effectively. Hence, the great need to institutionalize leadership development. "Institutionalizing a leadership centered culture--where the business rewards people who successfully develop leaders--is the ultimate act of leadership.

Leadership Differs from Management

Leadership having some link with management but leadership has some of itself aspects. Management is large term then leadership and leadership plays a vital role in management “Saeed Khalid”

Webster's Third New International Dictionary defines leader as "a person who by force of example or qualities of leadership plays a directing role, wields commanding influence, or has a following in any sphere of activity." The strength of leadership comes from the enrolment of minds to a common cause or vision, and the release of intrinsic motivation to achieve extraordinary results. This means that anyone in an organization can be a leader but might have qualities of leadership, whether or not that individual is formally identified as such. Indeed, informal leaders are extremely important to the effectiveness of most organizations.

Allen Scherr and Michael Jensen offered in their recent Barbados Group Working Paper that "a leader is an ordinary human being with both a commitment to deliver a result--whose realization would be remarkable and visionary given the current circumstances--and the integrity to execute on this commitment to accomplish the desired results." One key idea of this definition is that "integrity" in the sense of leadership includes honoring your word--and that means either keeping your word or acknowledging that one will not be keeping it, and cleaning up any mess that causes for those who were counting on that word being kept."

Kotter defines management as being about coping with complexity, planning and budgeting, organizing and staffing, controlling and problem solving. To this end, he asserted that management involves setting targets and goals, establishing detailed plans for reaching goals, allocating resources, establishing organizational structure, delegating authority and responsibility, monitoring results vs. plan, identifying deviations from plan, and planning and organizing solutions. Consequently, what great managers have in common is an appreciation of their strengths as well as an understanding of their limitations. Being aware that performance hinges on how well they figure out the pressures and priorities of their particular job, they find a course that works for them. According to Sternberg "finding this individual path to success is the hallmark of managerial intelligence."

Management is fundamentally about minimizing risk and maximizing adherence to plan and predictability. In comparison, leadership copes with the unknown, the dreams, and the vision that generates breakthrough performance. Accordingly, what one person views as possible may be a pipe dream to another? The subject of leadership is one where the results to be produced are accompanied by greater risk and uncertainty than what is normally considered to be acceptable in the realm of management. A scholarly gem of the Renaissance was Machiavelli's The Prince Machiavelli's thesis is as good today as it was in 1513. It declared that "there is nothing more difficult to take in hand, more perilous to conduct, or more uncertain in its success, than to take the lead in the introduction of a new order of things."

“To some extent leadership directly linked with entrepreneur, but it not necessary that an entrepreneur is able for leadership because leadership having all internal and external qualities” saeed khalid