Keys to a Successful Organization

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In today's rapidly growing market, there are two key components to any successful organization. These two components are strong leadership and effective management. When it comes right down to the more important of the two, leadership leads the way in being the key to a successful business. There are many skills and characteristic traits needed to be a strong leader in the workplace, and many people get confused about the two. Also, one must know why a leader is so crucial by evaluating their role in making the organization successful.

Leadership is the process of influencing others to achieve group or organizational goals. Other the flipside, management is getting work done through others. The main difference between the two is that leaders are concerned about doing the right thing, while managers are concerned about doing things right. Although both managers and leaders to essential to the business, most businesses are over managed and under led. A great manager can take their current business and optimize it so goals can get done. They mainly focus on right now rather than on what the future is going to bring. Superior organizations want to have great management, but they must have far more superior leadership.

Leaders go beyond right now; they have the ability to look into the future and see the potential for the business on entirely different level. Leaders are essential for inspiring employees and setting long-term goals. Mangers and leaders both set out to accomplish goals, but leaders do it in a much different manner. Managers set goals with the help of policies, procedures, schedules, incentives, discipline and other valuable mechanisms that help push the employees to reach the companies goals. Howev...

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...d, Stogdill's Handbook of Leadership: A Survey of Theory and Research. New York: Free Press, 1989.

Thompson, Arthur & Strickland, A.J. Strategic Management: Concepts and Cases. New York: McGraw-Hill/Irwin, 2001.

http://www.bassham-rayl.com/html/effective_leaders.html

http://www.telusplanet.net/public/pdcoutts/leadership/LdrVsMngt.htm

http://www.forbes.com/associatedpress/feeds/ap/2004/07/29/ap1479534.html

http://www.brunel.ac.uk/~bustcfj/bola/mintzberg/mintzberg2.html

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