Leadership and Management are often mistaken as identical skills or talents. Either that or leadership is viewed as a 'superior skill' to management, based on little foundation whatsoever.
I would advocate that great organisations are built on the excellence of both great leadership and great management, and a recognition that these are separate and distinct fields of expertise.
Great leadership is often characterised by the clarity of Purpose, Values, Vision and Brand articulated by the leader of a high performing team or organisation. Why we exist, how we treat each other and our customers, where we are going, and who we are, are all fundamental pillars of great leadership, which can exist throughout any organisation including the executive team, team leaders or individual contributors. The myths, stories and every day examples of how people live the Purpose, Values, Vision and Brand create the organisation's culture and reason for being.
Great management is the art of inspiring accountability, productivity and focus on the priorities of the organisation and/or its key stakeholders.
Key principles of great management include: (inspired by First, Break All the Rules and 12: The Elements of Great Management)
Leadership and management talent deserve to be recognised and appreciated equally. Not all leaders are great managers, and not all managers are great leaders, but both skills are essential to create a thriving organisation.