i Management Vs Leadership Management Leadership Planning budgeting Establishing direction Organizing& staffing Aligning people Controlling problem solving Motivating inspiring Produces a degree of predictability. Produces change, often to a order dramatic degree Has potential to consistently Has potential to produce extremely produce short term results useful change(e.g, new products expected by various stakeholders that customers want. new ( e.g., for customers always being approaches to labor relations that on time; for stockholders, being on help make a firm more competitive budget Source: John P Kotter, Leading change, Harvard Business School Press Nightingale @2002 Massachusetts Institute of Technology s2 Management Vs. Leadership Management Vs. Leadership • Planning & budgeting • Organizing & staffing • Controlling & problem solving • Establishing direction • Aligning people • Motivating & inspiring Management Management Leadership Leadership • Produces a degree of predictability & order • Has potential to consistently produce short term results expected by various stakeholders (e.g., for customers always being on time; for stockholders, being on budget) • Produces change, often to a dramatic degree • Has potential to produce extremely useful change (e.g., new products that customers want, new approaches to labor relations that help make a firm more competitive Source: John P. Kotter, Leading Change, Harvard Business School Press Nightingale © 2002 Massachusetts Institute of Technology