Leadership Styles and Employees Job Satisfaction - Banking Organisations in Australia - Research Paper Example

The paper "Leadership Styles and Employees Job Satisfaction - Banking Organisations in Australia" is a perfect example of a management research paper. Human resource capital is one of the great resources; organisations take advantage of to ensure competitiveness in the market. Human capital in any organization forms an important component of the organization as it takes part in most functions in relation to the day-to-day running of the business (Rothfelder, Ottenbacher & Harrington 2012, p.209). Many organizations are striving for a type of human resource that is best suited to propel the organization in achieving its goals and objectives. In any organization, the expectation is that the top management leaders make maximum utilization of the available resources to ensure that they remain competitive in the market while still sustaining the organization’s profitability position. Johnson (2007, p.11), pointed out that the amount of output that employees give depends on their level of satisfaction. The following is a report on research carried out to examine the possibility of a link between levels of satisfaction for employees and the styles of leadership applied by their leaders. The research targeted to collect data from employees in private banking organizations in Australia

• • 1.2: Background information

Leadership styles are adapted to the demands and the situations at hand. The organisational challenges and the employees involved. Martindale (2010, p. 33), noted that leadership is more of the needs of the people and that of the organisation and less of their personal needs. There exist different types of leadership; the styles adopted to form part of the repertoire. Leadership aims at guiding employees towards a shared dream. Visionary leadership creates an environment that is free to innovate, allows the sharing of ideas and leads to a positive change in the organisation. In the modern competitive business world, leadership should emphasize affiliation and democratise the running of organisation, promote teamwork, harmony and ensuring that people connect with each other (Johnson 2007, p. 19).