The similarities between leadership and management are:
1. Both leadership and management require to assess employee performance in order to make them more aligned towards the performance.
2. Both leadership and management work towards creating organizational vaval.
3. In both management and leadership, we are required to assess results and value created over time
4. Both management and leadership use metrics like lead and lag indicators to assess performance
5. Both leadership and management are heavily dependent on effective communication
The distinction between leadership and management are as under:
1. Leadership is based on relationship building while management focuses more on enterprise approach
2. Leadership is trust based while management is control based.
3. Leadership uses personal influence to get the work done from an employee while management uses positional power to get the work done.
4. Leadership focuses on building change while management focuses on maintaining stability of the system
5. Leadership entails being proactive while management entails being reactive.
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