|Articles|January 19, 2022

Tip of the Week: Invest in Managerial Leadership Training to Effectively Leverage Power

Continuing leadership education can help further develop pharmacy leaders by teaching effective utilization of various power strategies.

It is often assumed that a manager is automatically a leader of their staff by title alone, but there are distinct differences between a manager and a leader. Leaders are visionaries and stewards of strategy while mangers execute the vision of leaders and direct staff.

The differences between a manager and leader are evident in the workplace. Despite experience and qualifications, at least 50% of executives fail to achieve the strategy they were hired to implement within 18 months of taking the position.1 Management experience alone is not enough to effectively lead an organization, and leadership skills must be continually developed and improved upon. The most successful managers incorporate aspects of both management and leadership. These managers know how to inspire others and leverage various types of power effectively to achieve specific goals.

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