Introduction:
Leadership may be defined as the relationship in which one person influences others to work together willingly on related tasks to attain goals desired by the leader or group. the most successful leader of any organization perform tasks and act in way that provides followers with satisfaction and fulfillment in performing the work required and reaching the objectives. one common word is ” Where there is no vision, the people perish” Leaders give vision to their followers .
The Premier Bank ltd. Is my organization where i am working with a vision of “Service First. My organization believes in togetherness with its customers . To achieve the desired goal, there will be pursuit of excecellence at all stages with a climate of continuous improvement.
Different type of leadership has been developed, the common type of leadership are given bellow:
1) Democratic Leadership
2) Autocratic Leadership
3)Spiritual Leadership
4)Authentic Leadership
5)Transactional leadership
6)Transformational Leadership
1) Democratic Leadership:
The democratic leader listens to the team’s ideas and studies them, but will make the final decision. Team players contribute to the final decision thus increasing employee satisfaction and ownership, feeling their input was considered when the final decision was taken. When changes arises, this type of leadership helps the team assimilate the changes better and more rapidly than other styles, knowing they were consulted and contributed to the decision making process, minimizing resistance and intolerance. A shortcoming of this leadership style is that it has difficulty when decisions are needed in a short period of time or at the moment.
The Essay on Leadership Decision Making
The book entitled Successful Leadership by, Carol O' Conner discusses seven areas that are essential for successful leadership. Developing Awareness, understanding people, power and authority, communication, decision making, creating a vision, and taking charge are important leadership requirements and skills. Seven chapters in this book are based on the seven concepts just mentioned. Chapter 1 ...
2) Autocratic Leadership
The autocratic leader is given the power to make decisions alone, having total authority. This leadership style is good for employees that need close supervision to perform certain tasks. Creative employees and team players resent this type of leadership, since they are unable to enhance processes or decision making, resulting in job dissatisfaction.
3)Spiritual Leadership
Spiritual leadership is the role of guiding, encouraging and leading a group in spiritual and religious matters. Christian ministers leading worship services, or counseling those struggling with issues of faith, are good examples of spiritual leadership. Spiritual leadership also involves taking responsibility for the spiritual well being of others .Spiritual leadership is more than simply taking charge of a religious group. Gently guiding and encouraging each individual in their group to be in touch with their spirituality, overcome issues in their lives, and help them reach their spiritual potential is the duty of all spiritual leaders.
4)Authentic Leadership
Authentic leadership starts within you so that the outward expression of leadership is a direct reflection of your internal landscape – your awareness, understanding, and acceptance of yourself and others. Leadership encompasses purpose, vision, effective communication, intention, and service. It is moved by how and what you value, where you place your attention, and a total commitment to your integrity.
Our programs and services help you enhance and integrate all of your abilities and strengths, and reduce or eliminate what does not serve you. They are designed to help you lead yourself with purpose and passion so that you can be a powerful part of your family, work, and community – moving what is right about you into the world. Hence, our tag line: Your essence in action.
Authentic Leadership defined: Authenticity is knowing, and acting on, what is true and real inside yourself, your team and your organization and knowing and acting on what is true and real in the world. It is not enough to walk one’s talk if one is headed off, or leading one’s organization, community or nation, off a cliff
The Essay on Leadership Leader Style Group
First off every manager should know that being a manager does not automatically make you a leader. "Managers are people who do things right, and leaders are people who do the right thing." (Handy 1993) The position of a leader can be developed in four main theories. The first being the traits that an individual has this theory is based on the belief that people are born with essentially a ...
5)Transactional leadership
The transaction leader is given power to perform certain tasks and reward or punish for the team’s performance. It gives the opportunity to the manager to lead the group and the group agrees to follow his lead to accomplish a predetermined goal in exchange for something else. Power is given to the leader to evaluate, correct and train subordinates when productivity is not up to the desired level and reward effectiveness when expected outcome is reached.
Potential rewards include an increase in salary, promotions, and more benefits. Conversely, penalties may include pay cuts, demotions, and terminations. It can be seen that this type of leadership is not satisfactory for most situations. Indeed, one could say that transactional leadership behaviors do not even qualify for a “true” leadership label (Bryman, 1992).
Since it is based on exchange, transactional leadership does not seek to motivate followers beyond the level that is required to avoid punishment or gain extrinsic rewards. In sum, complete dependence on this leadership style may cause performance and satisfaction to suffer
6)Transformational Leadership
transformational leadership is a type of leadership style that lead to positive changes in those who follow. Transformational leaders generally energetic, enthusiastic and passionate. Not only are these leaders concerned and involved in the process, they are also focused on helping every member of the group succeed as well.
The transformation leader (Burns, 1978) motivates its team to be effective and efficient. Communication is the base for goal achievement focusing the group in the final desired outcome or goal attainment. This leader is highly visible and uses chain of command to get the job done. Transformational leaders focus on the big picture, needing to be surrounded by people who take care of the details. The leader is always looking for ideas that move the organization to reach the company’s vision.
The Dissertation on Charismatic Leadership Leaders Leader Transformational
RUNNING HEAD: CHARISMATIC LEADERSHIP Charismatic Leadership Connie King Leadership 7001 Foundations of Leadership Assignment 1 NOVA Southeastern University November 18, 2002 Abstract Many leaders, past and present, have been identified as charismatic leaders. The author explains the history of charismatic leadership and its characteristics. Different charismatic leaders and their leadership ...
How Transformational leadership is exercised in our organization:
We will try to analyze here how the transformational leadership is exercised in my organization in the light of its four I`s factors
The four factors of Transformational Leadership are:
1) Idealized Influence
2) Inspirational Motivation
3) Intellectual Stimulation
4) Individual Consideration
1) Idealized Influence:
The Branch Manager of our Bank serves as role model for our Premier bank employees , We trust and respect him as our leader. In our organization we can express our ideas and new policy so that he can take a good and fruitful decision
2) Inspirational Motivation
The Branch Manager of our Bank has a clear vision and transmit the vision into us( Through issuing circular, get together, conference etc.) . In this stage, MD encourages team spirit and motivated the employees to reach goals of bank growth
3) Intellectual Stimulation:
Now innovation and creativity is the key factor for any organization success. We are not except one. Our Leader always encourages us to explore new ways of doing things and new opportunities to learn.( Through business plan, in this plan , branch can participate and share their own style of business plan)
4) Individual Consideration:
In this stage our leader offering support and encourage us to work together for banks achievement , here he plays as coach and advisor and keep lines of communication open so that we feel free to share our ideas and contribute our unique experience.
According to North house a transformational leader has the following qualities
The Essay on Tier Branches Employee Rbi Customer
A satisfaction mirror is based on the relationship between customer and employee satisfaction. For example, when customers are generally satisfied, employees are at least equally satisfied. When this phenomenon occurs, corporate earnings increase. However, our situation is slightly skewed from this traditional Service Profit Chain relationship. Our earnings grew 20% between 1994 and 1996 while ...
* empower followers to do what is best for the organization
* is a strong role model with high values
* listens to all viewpoints to develop a spirit of cooperation
* creates a vision using people in the organization
* acts as a change agent within the organization by setting as example of how to initiate and implement change
* helps the organization by helping others contribution to the organization
The Branch Manager of our organization constantly trying to deserve the above mentioned qualities
Conclusion:
The Premier Bank Ltd is the first growing sharia based islami bank in Bangladesh. This organization is starting with a vision, transmit the vision into its employee and always taking steps to encourage, motivate and empower its employee to achieve the common goal.
Assignment : Leadership in my organization
Submitted By Submitted To
A.K.M Sharaf Uddin Course Teacher : Khan Mohammed Mohiuddin
MBA fall/10 Course Title : Principles of Management
Roll No.1072 Course No : MGT.501
Sylhet International University , Sylhet.
References
1) George R. Terry and Stephen G. Franklin (2003) “Principles of Management” Publisher A.I.T.B.S.India
2) John R.P French and Bertram Raven “ The Bases of Social Power “ In Studies Social Power, Ed. Dorwin Cartwright
3) Internet(Google Search)
