LEADERSHIP AND MANAGEMENT THEORIES 8
Application
The above leadership and management theories are evident in one of the biggest companies
in the world, Apple. Its CEO, Tim Cook, has navigated the company through its transformation
after the death of its founder, Steve Jobs (Jose, 2014, p. 12). He has developed many product lines
in various parts of the world. Tim Cook is known for his excellent leadership qualities and skills.
He takes risks which involve making some difficult decisions in the course of bettering the
company. He values collaboration because he believes that it is one of the ways of increasing the
chances of success of the company. He applies both leadership and management in his style of
administration (Jose, 2014, p. 14). He is one of the leaders that every entrepreneur would look up
to as he or she starts their business.
Conclusion
The functions of management and leadership have grown over the years as a result of the
instability as well as competition and growth exhibited in the world’s economy. The two areas
have distinct functions and purposes. They also have complementary roles and can lead to
organizational success if not used differently. In the world today, leaders are known for coping
with change rather than promoting it, and managers, on the other hand, help out with any
complexities experienced in the organization (Bischoff, 2010, p. 23).
It is, therefore, evident that leadership is very crucial in the changing world. Leaders come
up with the goals, visions, and set the bigger picture for the organization. Managers, on the other
hand, are responsible for ensuring that tasks within the organization are accomplished accordingly.
They plan, organize, and fix everything in the organization. In other words, managers are builders,
while leaders are the architects of the organization involved (Bass & Bass, 2019, p. 39). It is
