Impact of Leadership Style
In
today's changing environment every organisation is facing a challenge in to
select the appropriate leadership style that can offer assistance to extend the
motivation, job satisfaction and innovation of their workers.
The
rapid changes in today's competitive world
have forced
organizations to explore
for ways to progress
the level of employee's motivation,
job satisfaction and innovation. Since leadership has an influencing relationship
with above factors, choosing the
foremost fitting
leadership style is the most crucial and complex task for every organisation.
WHAT IS LEADERSHIP?
Leadership is a process of social
influence, which maximizes the efforts of others, towards the achievement of a
goal. (Kruse, 2013). Leaderships involves
persuading other people towards a common goal which is important for the welfare
of a group and only occurs when others willingly adopt to the goals of the group
as their own. (Horgan, et al.,
1994)
WHO IS A LEADER?
A leader could be a single person or a
group of people who will be involved in the process of selecting, facilitating,
training and influencing a follower or a group of followers who have diversified
nature of characteristics, abilities and skills. The leaders will be concentrating on the
activities of followers and direct and motivate them towards achieving the goals
and objectives of the organisation. (Winston &
Patterson , 2006)
CLASSIFICATION OF LEADERSHIP STYLE
Leadership style
is the way how leaders are behaving with their subordinates and direct them to achieve
organisational goals and objectives. As cited by (Omolayo,
2007)
Lewin, Lippit and White (1939) have identified three main leadership styles which
reflects the different approaches of leaders.
1. AUTOCRATIC
LEADERSHIP STYLE
In this style,
the leader keeps the decision-making authority and control in their own hands. This type of leaders they structure the work
situation on their own way and expects other to follow his orders and tolerate.
2. DEMOCRATIC
LEADERSHIP STYLE
In this type of
leadership style, subordinates are always encouraging to participate in
decision making process and their ideas and initiatives considered for final
decisions.
3. LAISSEZ-FAIRE
LEADRSHIP STYLE
In this type of
leadership style subordinates are given full freedom to structure and plan their
work on their own and leaders are not get involved in decision making. They
just act as a figure head.
THE
IMPACT OF PARTICPATIVE LEADERSHIP STYLE ON THE PERFORMANCE OF AB BANK PLC.
AB bank PLC is an
upcoming commercial bank which
is operating in full conformity to the non interest based Islamic Banking
model. Having identified the importance of creating a committed,
motivated and loyal workforce, the management always concentrates in participative
leadership style within the organisation.
The bank has
taken initiatives to encourage its group members to demonstrate initiatives and
creativity and take interest in setting plans and policies and have maximum
participation whenever needed.
Due to the above
approach the bank has been able to develop a dedicated workforce over the past
two years with high employee morale and could be witnessed through the succession
and growth that the bank achieved over the past two years.
References
Horgan, R., Curphy G.J & Horgan
, J., 1994. What We Know About Leadership: Effectiveness and Personality. American
Psychologist.
Kruse,
K., 2013. What Is Leadership?. Forbes Magazine, Volume 3.
Omolayo,
B., 2007. Effect of Leadership Style on Job-Related Tension and Psychological
Sense of Community in Work Organizations: A Case Study of Four Organizations
in Lagos State, Nigeria. Bangladesh e-Journal of Sociology, 4(2), pp.
30-37.
Winston
, B. & Patterson , K., 2006. An Integrative Definition of Leadership. International
Journal of Leadership Studies, 1(2), pp. 6-66.




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