In his book, “Built to Last”, Jim Collins talks about how highly visionary companies do not oppress themselves with what he calls the “Tyranny of OR” – the reluctance to accept two seemingly contradictory forces or ideas at the same time. The “Tyranny of OR” pushes people to believe that things must be either A or B, but not both. Instead of being oppressed by the “Tyranny of OR”, highly visionary companies liberate themselves with what he refers to as the “Genius of AND” – the ability to embrace both extremes of a number of dimensions at the same time. Instead of choosing between A OR B, they figure out a way to have both A AND B.
The terms “management” and “leadership” are often interchanged. In fact, many people view them as basically the same thing. Yet, when you look at the “what” and the “how” of managing vs. leading, there are some clear distinctions between them. Here are a few of the notable differences: