Antonios “Tony” Antoniou is the chief executive officer of Financial Research, Training & Consulting, LLP. Over the course of his career, Antonios Antoniou has established himself as a highly effective manager and business leader.
Although the concepts of management and leadership share many of the same characteristics, there are a number or key differences between them. Successful managers must demonstrate the ability to execute a strategic plan by dividing it into small pieces and distributing tasks among team members. Managers must also establish processes and procedures to guide a team and anticipate needs that may arise in the future.
While management deals primarily with the execution of tasks and the delegation of responsibilities, leadership involves less tangible attributes such as honesty, integrity, and inspiration. The best leaders help their teams perform to their maximum potential and communicate the details of projects effectively. When necessary, leaders must be able to challenge established procedures and think outside the box, always searching for the most efficient way to achieve their objectives.