As the pace and
complexity of change intensify, every business must examine it's balance
of management and leadership capabilities. "Management" specifically
deals with short time frames, details, eliminating risks, scrupulous
rationality, and gaining compliance with existing best practices,
toward the goal of producing predictable results. "Leadership" emphasizes
long term viewpoint, calculated risks, inspiring people's values,
and reinventing strategies to prepare an organization for the future
marketplace. Achieving the right balance leads to the perfect blend
of continuous quality improvement and strategic foresight that characterize
winners.