Nobody downloaded yet

The Impact of Leadership Styles on the Effectiveness of an Organization - Assignment Example

Comments (0) Cite this document
This paper "The Impact of Leadership Styles on the Effectiveness of an Organization" focuses on the fact that in 1952 the National Bank of Kuwait was incorporated. It was the first shareholding company and the first local bank in the Gulf region. It is the largest financial institution now. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.9% of users find it useful
The Impact of Leadership Styles on the Effectiveness of an Organization
Read TextPreview

Extract of sample "The Impact of Leadership Styles on the Effectiveness of an Organization"

Download file to see previous pages The vision of the organization is to become the premier Arab bank, invest in people, to deliver the world’s best quality products to its customers, to deliver the maximum returns to its shareholders, and benefit all the communities in which their operations took place (Oxford Business Group, 2008, pp.103-104). The bank had faced a lot of challenges but the organizational culture of the bank helped it to maintain its market position. The culture of conservatism and prudence in the National Bank of Kuwait proved to be a key to the success of the organization. The bank has the largest branch network in the country and has total assets of $58 billion. Many foreign firms and blue chip companies having their business in Kuwait has the national bank of Kuwait as their partner (Espinoza, Fayad and Prasad, 2013, pp. 111-112). The organization operates in a region where the political, geopolitical and financial crisis is a very common factor but a prudent, conservative culture, careful stewardship, and risk management organizational culture helps the firm to overcome such risks. The founders of the bank were merchants who were basically rich. The leader’s themselves has value for money and has a prudent nature. They strive and work hard for earning this money. The bank even had opened its global operations across London, Singapore and New York in order to provide extensive service to the wealthy clients of the bank and capitalize on the surpluses produced by the oil wealth of Kuwait. The bank has over the time adopted a regionalization and diversification strategy (Wohlers, 1983, pp.54-55). In order to adopt such a strategy the bank has broken down silos between the line and support functions and has transformed into more of a group structure. Commonly the banks do not have a very fun working place. The work culture at NBK is unlike a common bank. NBK has proved to be a receptive place to work, with the help of the open door policy. The open door policy initiates open communication within the work environment of the bank.  ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“The Impact of Leadership Styles on the Effectiveness of an Organizatio Assignment”, n.d.)
The Impact of Leadership Styles on the Effectiveness of an Organizatio Assignment. Retrieved from
(The Impact of Leadership Styles on the Effectiveness of an Organizatio Assignment)
The Impact of Leadership Styles on the Effectiveness of an Organizatio Assignment.
“The Impact of Leadership Styles on the Effectiveness of an Organizatio Assignment”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Impact of Leadership Styles on the Effectiveness of an Organization

Managerial Effectiveness and its impact on organization

...: What is the impact of managerial effectiveness on the entire organization? What are the skills and attributes that equip managers with required portfolio to deal with organizational concerns effectively? What are the commonly practiced managerial styles and behaviours in the hotel and real estate industry and their resultant effects on the organizational outcomes? Research Aims and Objectives On the basis of above mentioned research questions, aims and objectives of research are developed, which are likely to be effective in dealing with the research topic efficiently. These aims and objectives give a direction to the...
16 Pages(4000 words)Dissertation

Leadership styles

...?Leadership Styles Introduction A key element in the success or failure of an organization is its leadership. Leadership is a crucial in organizational behavior because it has dynamic effects on the individual and organizational interaction (Obiwuru, Okwu, Akpa, and Nwankwere, 2011). The success or failure of these organizations is dependent on the leadership style adopted by all the stakeholders in the company or organization, particularly the top management. This is because the manager is supposed to be aware of the individual and group behavior as well as have the...
7 Pages(1750 words)Research Paper

Leadership Styles organizations is a major impediment to success. Strong leadership skills can be accomplished through understanding the appropriate leadership style for teams and organizations. This paper seeks to address this issue by highlighting various leadership styles and their impacts on success. 3.0 Literature Review 3.0.1 Transactional Leadership Model The transactional leadership model was developed by Max Weber in 1947. It was developed with the underlying assumptions that rewards and punishments are significant in maintaining motivation among followers and also that...
15 Pages(3750 words)Research Paper

Leadership Styles

...? Leadership Styles Leadership Styles Introduction Healthcare organization is one of the growing sectors globally including the United States of America. These organizations serve as one prime source of income for the country, and thus many of them have transformed into giant bodies focusing on profit making more than public health and welfare (Zoubul, 2005). Incident Highlighting Leadership Attention A recent event in our organization that has highlighted a practice that needs to be corrected is of misleading the patient for the sake of profits. A patient was admitted in the hospital, being diagnosed...
3 Pages(750 words)Term Paper

Leadership Styles

...? Nursing Leadership Styles al Affiliation Leadership styles impacts on the daily activities of any organization. The style adopted by the management may impact on operations positively or negatively. Identifying the suitable leadership style needs to consider the prevailing situation. There are theories related to leadership styles which, managers can use as a guide to implement an effective leadership strategy. No single leadership strategy applies to all situations. However, the type...
5 Pages(1250 words)Essay

Leadership Styles

...College Leadership Styles Leadership may take different forms depending on the personality and strategies used by managers. However, the result and their effectiveness depends more on the approaches used in managing an organization or a team for that matter. Though there are different styles of leadership in organizations, some leaders may use a hybrid approach by integrating two or three leadership approaches while others choose to use the extremes in applying a single management method only. To illustrate the effects of different leadership approaches...
3 Pages(750 words)Case Study

Organisational Analysis - The impact of leadership styles on organizational effectiveness

...? Organizational Analysis - The Impact of Leadership Styles on Organizational Effectiveness                     A key facet in achieving a company’s goals, strategies and visions depend on the kind of leadership present in the company. An effective leader has the mandate to influence and motivate his followers in a positive manner in order to realize the goals and visions of an organization (Kiger 2010, 25). A leader may have the traits, which give him the capability of being an effective leader. Additionally, a leader can take up the transactional-transformational leadership model, which...
6 Pages(1500 words)Assignment


...Introduction Leadership is considered as one of the most important aspects of the organizational development. Over the period of time, most of the research has also been done on this subject as leadership is believed to have most influence over the way any organization performs. Leadership therefore is considered as one of the most important aspects of the organization and directly influences as to how the organization can compete and perform over the period of time. It is however, important to note that there can be different leadership styles or theories outlining different characteristics and traits required to be an effective leader. Over the period of time, the nature and orientation of the leadership therefore has changed... and...
3 Pages(750 words)Essay

Leadership styles

...Table of contents Introduction 2 Lewin’s autocratic leadership style 2 Laissez faire style 3 Democratic/participative style 4 Transformational leadership style 5 Transactional style 6 Conclusion 7 References 8 Introduction It is undoubtedly true that the leadership style used by the manager in the organization can determine its success or failure (Robbins, 1993). Employees in a particular organization often come from different cultural backgrounds and it is the role of the leader to choose an...
6 Pages(1500 words)Essay

Leadership Styles in my Organization

...myself, identifying the gaps and developing a plan to fill in those gaps. LITERATURE REVIEW Definition of Leadership in organizationsLeadership is defined by researcher Stogdill as the process or act of influencing the activities of an organized group on its effects towards goal seeking and goal achievement (Stogdill, 1950). Three elements namely influence, group and goal can be discerned in this definition. For starters, leadership is a process of influencing where the leader has an impact on others by persuading them to believe in a certain way. Secondly, the influence process is seen as taking place in a group...
18 Pages(4500 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Assignment on topic The Impact of Leadership Styles on the Effectiveness of an Organization for FREE!

Contact Us