Leaders are celebrated, while managers are often criticized, but a combination of the two could be just what the economy needs.
There's been an ongoing debate for the past five decades and I'm not talking about Medicare or why the Chicago Cubs haven't won a title since 1908. This debate has to do with leaders and managers.
In fact, a quick Google search of the phrase, "Leaders vs. Managers" produces more than 15 million results. Clearly, this is an issue people care about and are searching for the answers.
After all, should a manager also be a leader? Must a leader utilize management skills?
Before I attempt to answer those two questions, let's look closer at the differences between leaders and managers.
Organizational consultant Warren Bennis is widely known as the pioneer in what is considered the contemporary field of leadership. In his book, "On Becoming a Leader: The Leadership Classic" he delved into the qualities that define leadership, which included describing the differences between managers and leaders.