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b'Life is divided into three terms - that which was, which is, and which will be. Let us learn from the past to profit by the present, and from the present, to live better in the future. - William Wordsworth\\n\\nProfit is not about the money. This is leadership redefined. \\n\\nRead the transcripts at hughballoupodcast.com (http://hughballoupodcast.com) \\n\\nYou manage things; you lead people. \\u2014Rear Admiral Grace Murray Hopper\\nThis\\n(webkit-fake-url://3AF6D704-9AFB-4386-9F11-B125393E339B/Leading-vs-Managing-300x225.jpg)\\nis a curious debate. Many in academia use management as the title for business leadership programs. For example, a well-known large university in my town offers a degree in management in the business school and allows for a minor in leadership, which is under the college of life sciences and agriculture. Fortunately, the professor leading that program understands leadership and knows how to apply it in a practical way. I don\\u2019t feel that a\\xa0degree in management qualifies a person to lead an organization, a team, or a project. Its basis is in other areas.\\nAs Stephen Covey points out, we manage time and lead people\\u2026we manage money and lead people\\u2026we manage project implementation and lead people\\u2026we manage things and lead people. There is a\\xa0distinct\\xa0difference.\\nManaging people fits an autocratic leadership style and not a transformational\\xa0leadership\\xa0style. It\\xa0can be a form of\\xa0overfunctioning. Top down leadership that is autocratic minimizes the synergy of the team.\\nHere\\u2019s a simple chart of my thoughts on the differences:\\n\\n\\n\\n\\nTopic\\n\\n\\nLeader\\n\\n\\nManager\\n\\n\\n\\n\\nStyle\\n\\n\\nTransformational\\n\\n\\nTransactional\\n\\n\\n\\n\\nDirection\\n\\n\\nEngages\\n\\n\\nDemands\\n\\n\\n\\n\\nConflict\\n\\n\\nAddresses\\n\\n\\nAvoids\\n\\n\\n\\n\\nRisk\\n\\n\\nTakes\\n\\n\\nMinimizes\\n\\n\\n\\n\\nAffirmations\\n\\n\\nGives\\n\\n\\nTakes\\n\\n\\n\\n\\nConcern\\n\\n\\nHelps others to be right\\n\\n\\nBeing right\\n\\n\\n\\n\\nBlame\\n\\n\\nNeutralizes\\n\\n\\nBlames others\\n\\n\\n\\n\\nEnergy\\n\\n\\nPassion\\n\\n\\nControl\\n\\n\\n\\n\\nPower\\n\\n\\nInfluence\\n\\n\\nAuthority\\n\\n\\n\\n\\nFocus\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'