Leadership styles adopted in an organization

LEADERSHIP STYLE ADOPTED IN QNB BANK

Introduction

The success of an organization totally depends on the structure and design of the organization and most importantly the leadership style being used in the setup. That involves a major element of the organization's future prosperity and progress. In the following content we shall study the effectiveness of leadership and its relation in terms of implementation to various organizational structures. Understanding and practicing quality leadership is fore mostly to recognize the characteristics of great leaders (Hermalin, 1998). Leadership definitely influences decision-making and is meant to be integral for development and organizational growth.

In the immense competition being faced by organizations in the modern world, they need to be very proactive and careful in choosing a management approach for the organization's success and accomplishment. We shall discuss in the following content the significance of leadership in a specific organizational structure. 

Management and employees both are the entities in an organization that will either make it win or lose. Communication, drive, authority and politics are some concepts that will make a business lead to success or failure. Businesses must be extremely competitive to survive, otherwise these same businesses shall end up nowhere( Cherrington, 1994).  Any suitable style of leadership if adopted efficiently can help the organization to do wonders. The leadership style needs to synchronize with the organizational structure.

Overview on Leadership Theories

In the early times leadership theories spotlighted more on the attributes that differentiated between leaders and followers, while succeeding theories observed other integral variables like situational aspects and skill levels. Several different leadership theories have come up with time; there are about eight major types of leadership theories which are stated below:

Great Man Theories: These theories presume that the capability for leadership is an inborn trait, leaders can't be made, they are born as leaders. These theories usually represent great leaders to be valiant, mythic and intended to come into the real mode to leadership when ever required. The philosophy of Great Man was employed because, in those times, leadership was considered to be fundamentally a quality that only males could possess.

Trait Theories: Very closely related to the Great Man theories, the trait theories were of the concept that people take over particular attributes and traits so that they become suitable to become a leader. These theories usually recognize specific personality based characteristics which are found common amongst leaders.

Contingency Theories: Contingency theories of leadership highlight on those specific variables which are related to the surroundings depending upon what will be the most suitable for a particular situation. As per to this theory of leadership, there is no leadership style which will be the best one to deal with every sort of situation. It states that success depends upon a variety of variables, which include the leadership style, attributes of the followers and the situation itself.

Situational Theories: These theories put forward that leaders should select the best possible course of action which they think would be suitable depending upon situational variables which they have ...