In order to run a company and also
manage the employees, we need to understand properly and have a grip on the
leadership styles since they are able to influence people in lots of different
approaches. The leadership styles are also considered to be one essential thing
when you come to the context of improving your talents, skills, and
capabilities as a business leader. With a proper knowledge and understanding in
leadership theories, also get to know on how they could potentially give the
positive and negative effect to the employees will able to help us in sending
the vision in such way that could encourage, inspire, and also motivate the
employees in the company (Iqbal, 2011)
There are commonly 5 different
styles of leadership which based on how the leaders lead the company and they
are as mentioned below:
where the leaders have a grip on the entire
responsibility and authority.
where the assistants are engaged in the
process of making decisions.
where the leader initiates the modifications
in company.
where the leader actively motivates the
participation from his employees.
where the leader does not manage the
employees directly.
This report presents the critical
measures and also evaluates on the leadership and management culture in HSBC
Bank in Oman. This report gives the details on the leadership inside HSBC Bank
in Oman based on a leadership and the cultural perspective. The impacts on the
performance of people along with the potential improvements are also mentioned
in this report. By using the theory of seven mind-set thinking system or vMeme
and six sigma approaches, the prediction has been made on who will follow the
leadership style and how they will follow it. The analysis on the leadership
capabilities in HSBC Bank in Oman is also detailed in this report as well.
Finally, the conclusion and some recommendations are made in the context of the
leadership style in HSBC Bank in Oman.
The area of leadership in Oman within the
business are gradually more being observed as those who are in charge for both
alternatives; the achievement or the failure of the company in query. For that
reason, the role of leaders within the company along with the opinion of others
have about the leaders are to be expected as an essential part to their
activities. Oman country is considered as a fairly slight country if we
take a look at the population of the country itself, with an accumulation of people. In addition to this, Oman is the
country which has a lot of same features with its Arab fellow neighbours, and
the country is also focus to the speedy development of economy as well.
Many issues
around the religion and culture of Oman are considered to be significant in the
country and these issues endure to be widespread, even though there are numbers
of modification in economy, still, there are various aspects that might
otherwise influence on the process of the business in the country. Throughout
the decades, there are various perceptions that described on the Omani culture
and how it arrangements with the politics, in specific, is the culture has
maintained a participative leadership style as being the main practice of
recognized leadership in the Omani culture. A study at the leadership
values in Oman found out that constructive leaders were viewed as the leaders
who are presenting the qualities of strong personality, being essentially
cooperative and also having a grade of power characteristic in their approach.
In specific, a constructive leader in Oman required to be concerned with the
individual wellbeing of the entire employees and more stage of reverence is specified
to the usage of authorized power, which is apparently rational with the fact of
there is a high level of the bureaucracy occur within the region.
HSBC Bank in Oman has been existed in
Oman since the year of 1948, and it was the only bank which operating in the
country for about two decades of time. In the year of 1970, HSBC Bank in Oman
gave its assistance in the initial issue of the currency in Oman (Group, 2016). The leadership
styles that appear in HSBC Bank in Oman are seem to be:
Transformational leadership
style– where the senior management lead the team by providing good
communication with the team members to initiate the modifications in a company,
Participative leadership
style– where the senior management participate and work together with the team
member.
References of Leadership Styles in HSBC Bank in Oman
Group, O. B., 2016. The Report:
Oman 2016. s.l.:Oxford Business Group.
Iqbal,
T., 2011. The Impact of Leadership Styles on Organizational Effectiveness.
s.l.:GRIN Verlag.
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