Are you a leader or a manager (or both)?

The difference between leadership and management per the Harvard Business Review:

LEADERSHIP IS ABOUT:

• Establishing direction - Developing a vision for your organization and creating strategies to achieve that vision;
• Aligning people - Communicating direction to influence teams and coalitions so they understand the vision and strategy;
• Motivating, mentoring, and inspiring - Energize your people; and
• Producing change - Often to a dramatic degree.

MANAGEMENT IS ABOUT:

• Planning and budgeting - Establishing detailed steps and timetables and allocating appropriate resources;
• Organizing and staffing - Establishing structure, delegating authority and providing policies and processes;
• Controlling and problem solving - Monitoring and organizing; and
• Producing predicability and order - Consistently achieving budgets and targets.

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.