In this reaction, Matt breaks down the differences between leadership and management. While both are essential in any organization, they require different skill sets. Management is about setting goals and ensuring people deliver on them. Leadership, however, is about inspiring people to believe in your vision and motivating them to work towards that vision with you.
Sadly, true leaders who can also manage well are rare. Leadership, in particular, is a skill that’s even harder to learn. If you find someone who’s both a great leader and manager, it’s a rare and valuable asset. Let’s talk about why that’s the case and what it takes to develop both of these important skills.
There are tons of people out on social media giving business advice. Some of it is good advice, but most of it isn’t good. In this series watch CapForge’s owner react to different advice videos. He’s an expert in all things business and has 20+ years of experience under his belt. Some of the things he reacts to might even surprise you!
Video Transcript:
Business Advice Video:
Management is about setting out a series of goals and managing people to deliver. Very important, but that’s not leadership. Leadership is about vision, and sometimes it’s only a vision you can see. And your art as a leader is to persuade people to believe in your vision and help you deliver it.
Matt’s Review:
Yes, I would agree with that. Management is about getting people to do things that you need them to get done for you. Leadership is giving them a reason to want to do it, to invest in the process, to intrinsically be motivated by seeing that goal through to the end and inspiring them to want to get there with you. It’s definitely two different skills an unfortunately one that’s fairly rare. There’s not a ton of people who are good inherently at managing. It’s a skill you can learn, but you have to be open to it and willing to be coachable and willing to change how you might normally communicate or think about things. And leadership is yet another skill that most people don’t have that you can learn, but I’d say it’s even harder to learn and even rarer to find. So if you find somebody who’s a good leader and a good manager, that is a rare commodity. That is not something that it’s easy to convert somebody into.