At some stage of your MBA, you need to know about the real difference between these two roles. Today it was our chance to answer the question: what difference does leaders and managers make in an organisation? and who is more important a manager or a leader?
While a manager copes well with the complexity, a leader copes well with the change. A leader is a visionary while a manager is more concerned about short term planning and getting things done. A successful organisation need both. A leader will show you the direction and a manager will help you to get there in a planned and effective way.
In today’s lecture I particularly like watching Jack Welch's interview...when he said, GE does reverse mentoring i.e. a subordinate (young blood) mentors his boss (the senior manager). I can't think of any other organisation doing this.....so that is how JW did things differently and helped GE remain successful for a long time and it still is successful?
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