Leading and Managing
In a small business, the line between leader and manager is blurry because you often have to be both. By learning in which area you’re strongest, you will gain the insight and self-confidence that comes with knowing more about yourself. The result is greater effectiveness in dealing with others and in running your business.
As leader, it is your responsibility to define the company's direction and make certain that everyone in the organization keeps the goals in mind. As manager, you must also implement the strategy, which forces you to attend to the details. As both, you will need to work harder at the one that is the less comfortable for you. If you are a natural leader, you may miss details that can negatively impact your business. If management is your strength, you can easily get too caught up in the details and neglect to set a course for your company that not only maintains your business in a changing marketplace, but helps it flourish.
You set the tone for your team. Small business, in contrast to large organizations, can be greatly impacted by a single event, whether the event is positive or negative. It is the leader's role to maintain equilibrium for the organization in the midst of change. It is also your role to keep morale and productivity high during times of monotony.
You also set the pace. If you are a hard charger with a high energy level, you will create a fast-paced atmosphere. This can be very positive as long as it doesn't lead to chaos that disrupts the work flow of the organization. If your style is more laid back and casual, this may create a comfortable atmosphere for your team, but take care that lower intensity doesn't result in low productivity. Your style permeates the vision and goals and impacts how you are viewed by your team, your customers and your market.
Leaders versus Managers – Compare the differences between these two roles in five key areas.
Leadership Traits – Take a close look into the traits of a leader.
Management Style – Use this action style chart to see where your style stacks up.
References:
• Small Business Administration
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