Wednesday, August 6, 2014

Manager vs Leader: Generation Y and Z



SHARED FROM:
     FROM MANAGER TO LEADER
     BY PATRICIA FRANCIS
     ACCOUNTANTS TODAY, NOVEMBER/DECEMBER 2013
 
Accountants are now taking on more challenging roles.  The managerial roles they ascend to need to be urgently changed to leadership roles in order to help the organization operate more effectively.

Leaders have followers who follow them by choice, while managers are assigned subordinates based on their roles and responsibilities.  Leadership is a relationship influence among leaders and followers who reflect their shared purpose.  Many managers already possess the abilities and qualities needed to be a good leaders.

Both leadership and management are essential in organizations.  Both need to be integrated effectively to lead to high performance.

The new generation Y and Z value open communication, teamwork, and collaboration.  They seek to understand their bosses and peers perspective.  They do not perform well in controlled environment.  They seek a more holistic approach to life and career.  More time is spent building relationships rather than merely sitting to complete tasks.  They are also more social, optimistic and has high expectations to excel with a focus on making a difference.

Aside from looking for more challenging and meaningful careers, they also expect to be led by leaders rather than managers who merely emphasize on getting things done.  They value their personal and family time.  They also expect their managers and leaders to be conscious of their working styles and needs.  They will follow a leader who has good interpersonal skills and who has a heart or empathy.

With this recent development, employers are looking for accounting professionals with leadership and excellent communication skills in order to grow more leaders among the new generations.

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