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Unit 2. Leadership and management

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WORDS TO REMEMBER

to fail потерпеть неудачу, не иметь ус­пеха, обанкротиться (о фирме)
to keep an eye on smb., smth. следить за кем-л., чем-л,
threat опасность, угроза
to implement осуществлять; обеспечивать выполнение, приводить в исполнение
day-to-day повседневный
business issue деловой вопрос (проблема)
subset подмножество
financial ratios финансовые коэффициенты
inventory материально-производственные запасы
process flow технологический маршрут; последовательность технологических операций
cash наличные деньги
to achieve добиваться, достигать
operational aspects практические аспекты
perceptions восприятие, понимание
bottom-of-the-line (bottom-line) результат работы, итоговая стро­ка счета прибылей и убытков
to call for требовать
consistently последовательно
mind мнение, взгляды, настроение
techniques методы, способы
mindset отношение
inevitably неизбежно
motivation побуждение, мотивация
deliberate хорошо обдуманный
to fit подходить, быть подходящим для (чего-л.), соответствовать (чему-л.)
to experience испытывать, чувствовать

 

TEXT A

WHAT IS THE DIFFERENCE BETWEEN LEADERSHIP AND MANAGEMENT?

Business writers, speakers and consultants have thoroughly analyzed the difference between leaders and managers. Many of these comparisons present leaders as more creative and valuable to an organization than managers. However, thinking about leaders and managers in such a categorical way doesn't serve us well. There are organizations with too many leaders that failed from their inability to manage and implement day-to-day business issues. And there are com­panies with excellent managers that fail because they did not innovate, motivate change nor keep their eye on the strategic threats. An organization needs both management and leadership. Managing is a subset of leadership. A good leader must both lead and manage well.

So, just what is the difference between leading and managing? Managers manage things, but lead people. They manage financial ratios, inventory, process flow, cash, information systems and leadership development. At the same time they lead people, their perceptions, mindset and motivation. Most executives are bright managers and businessmen. Many are very skilled in managing the administrative and operational aspects of their businesses.

There are often situations when a manager or supervisor is suddenly promoted to a position of directional leadership. The transition from manager to leader is a difficult one, as is the attempt to train and develop leaders. Why? Because business community knows little about leadership and the technology of leading.

What is Leadership?

Basically, leadership is making people to follow you. The importance of good leadership cannot be overestimated. Leaders understand what has to happen with things in the company, and tell people what is needed for the desired results. However, leadership is more than planning a business strategy so that others followed it.

Sometimes the most skilled leaders ask themselves, "What can I say or do, in order to make my employees do what I want them to do?" But people do what their minds and emotions tell them to do, not necessarily what the leader says to do. No leader can motivate others. The em­ployees have to motivate themselves. In short, the leaders know the ways to optimize the work of employees and achieve organization's success.

Since leading is basically a psychological process and skill, leaders who learn and practice in leadership technology will be much more effective in their work.

And leadership skills, like management skills, can be learned and improved. Releasing the energy and motivation of your employees opens new opportunities and inevitably results in bottom line improvements.


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