Introduction management And Leadership Flashcards
(10 cards)
Management
A process that brings together resources to achieve goals or objectives in the most efficient manner possible.
Managers
Individuals who perform management activities. Includes anyone with tasks or goals, not just administrative roles. *All pharmacists should view themselves as managers
Leadership
The process of influence where one person enlists the aid and support of others to accomplish a common task.
Leader
An individual who significantly affects the thoughts, feelings, and/or behaviors of a significant number of people. Effectiveness depends on influence and decision outcomes.
Business Management
The process of planning, organizing, staffing, directing, and controlling a business/organization to achieve its goals. Involves overseeing finance, operations, marketing, and HR.
Key Skills for Business Managers
Leadership, communication, problem-solving, and strategic decision-making to drive organizational success.
Key Difference: Management vs. Leadership
Management: Focuses on operational aspects (e.g., budgeting, planning, hiring).
Leadership: Focuses on inspiring others and setting a broad vision.
“Management does things right; leadership does the right things.”
Leaders vs. Managers (Distinctions)
- Leaders: Innovate, focus on people, long-term perspective, challenge status quo.
- Managers: Administer, focus on systems, short-term perspective, accept status quo.
Leader Characteristics (Examples)
- Innovate and originate ideas.
- Ask “What and why?”
- Challenge the status quo.
- Inspire trust and creativity.
- Develop others and foster learning.
Manager Characteristics (Examples)
- Administer systems.
- Ask “How and when?”
- Maintain stability.
- Accept the status quo.
- Imitate proven methods.