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MANAGER VS LEADER
ENTRE VS INTRA 1. Managers are connected with the present.
Leaders look to the future 1. An entrepreneur is one who establishes a 2. Managers make sure details are taken of. new business with an innovative idea or Leaders set broad purposes and directions. concept, while intrapreneur is an employee 3. Managers exercise control to make sure of the organization authorized to undertake that things work well. Leaders create innovations in product, service, process, commitment that things may work better. and system. 4. Managers solve today’s problem by 2. An entrepreneur is intuitive in nature, while addressing difficulties caused by changing intrapreneur in restorative in nature. events. Leaders create a better future by 3. An entrepreneur uses his own resources, seizing opportunities stimulated by while intrapreneur uses resources that are changing events. readily available 5. Managers focus on the process. Leaders 4. An entrepreneur raises capital himself, focus on the product. while intrapreneur doesn’t need to raise 6. Managers focus on problem behavior and funds himself try to improve it through counseling, 5. An entrepreneur works in a newly coaching, nurturing. Leaders focus on what established company, while intrapreneur is is right and praise it. a part of an existing organization 7. Managers make sure people put in an 6. An entrepreneur is independent to take honest day’s work for their pay. Leaders actions, while intrapreneur cannot take inspire people to do their best. independent decisions 8. Managers organize and plan to meet this 7. An entrepreneur is capable of bearing risks year’s objective. Leaders create a vision of and uncertainties of the business, unlike the years down the road intrapreneur, in which the company bears 9. Managers create efficient policies and all the risks standard operating procedures. Leaders go 8. An entrepreneur works hard to enter the beyond the need for standard procedures market successfully and create a place and create a more efficient system. subsequently, while intrapreneur who 10. Managers focus on efficiency. Leaders works for organization-wide change to focus on effectiveness. bring innovation, creativity, and productivity.
Shared traits of ENTRE&INTRA: Management is associated with words such as
efficiency, planning, procedures, control, and Leadership: to turn ideas into successful product, consistency. While leadership is associated with business, or company change words such as vision, creativity, dynamism, Adaptability: know how to adapt in times of change, and risk-taking. problems/roadblocks Intelligence: emotional intelligence LEADER VS MANAGER Characteristics of a Successful entrepreneur: (separate functions) Drive and energy level: must have ability to work long hours for sustained periods with less than the 1. Leaders gain power through their actions normal amount of sleep. and personal relations. Managers have Self-confidence: a belief in yourself and your positional powers on which to rely. ability to achieve your goals and a sense that 2. Leaders are found throughout an events in your life are self-determined is essential. organization. Managers are found in the organization’s higher echelons. Setting challenging but realistic goals: ability to 3. Leaders have followers who desire to be on set clear goals and objectives that are challenging, the team. Managers have subordinates yet realistic and attainable. who have been assigned to them. 4. Leaders depend on people for success. Long-term involvement: This means total Managers depend on the system for dedication to the business and to attaining these success. goals. 5. Leaders provide vision in terms of the “real Using money as a performance measure: benefit to you”. Managers use the “this is Money, in the form of salary, profits or capital our job” approach. gains, should be viewed more of a measure of how 6. Leaders have self-conceived goals to the company is doing rather than as an end in better the organization. Managers attempt itself. to meet the goals provided by the organization. Persistent problem solving: You must have the 7. Leaders strive to change the organization intense and determined desire to solve problems to best meet needs as they perceive them. toward the completion of tasks. Managers work to maintain the Taking moderate risks: entrepreneurial success organization’s status quo. is generally the result of calculated risks-taking that 8. Leaders often view rules and procedures provides a reasonable and challenging chance of as bureaucratic red tape. Managers view success. rules and procedures as necessary controls to provide order. Learning from failure: A failure may be 9. Leaders work for results. Managers follow disappointing, but should not be discouraging. directives. 10. Leaders work through their people. Using criticism: Seek and use criticism of the Managers works with charts and computer. style and substance of your performance. Taking initiative and seeking personal responsibility: Seize opportunities and put yourself where you are personally responsible for success or failure. Making good use of resources: You should not be so involved in the achievement of your goals and in independent accomplishment that you will not let anyone help you. Competing against self-imposed standards: compete with yourself.