1 Leadership
Leadership The process of influencing a group of people towards the achievement of pre-selected goals is called leadership and the person who makes this process or who can influence others/ group of people and who has managerial authority is called Leader. The leader is needed by the every field & organization, as well as HBL has its leader in the form of high qualified and skilled managers, who are working hardly to put the bank at peak level as well as achieving the organization’s pre-selected goals.
By Early Leadership Theories Formal vs. Informal The leaders at HBL are the formal leaders.
Traits of Leader The leaders of HBL have the following traits and skills in themselves. •
Decision making
•
Risk taking and risk bearing
•
Stress taking and stress taking
•
Communication power
•
Honesty
•
Strong vision
•
interpersonal skills
•
Market forecasting skills
•
Consistency
•
Step forward
•
Discipline
•
Competitive skills
•
Believe on equality
M. Ismail (L1F07BBAM0001) UNIVERSITY OF CENTRAL PUNJAB
2 Types of Leader
Types of Leader Three basic types of leader are; •
Dictator
•
Democratic
•
Laissez-fair
HBL has the democratic leadership style.
Democratic Leaders: HBL has democratic leadership since major portion of bank is De-centralized that’s why each leader has the complete power of decision making, but they are working collaboratively in whole organization with each other.
Leadership Behaviors The leadership behaviors at HBL are
Directive: they Provide the proper schedules, direction and guidance etc. to their employees, from through the employees can do the specific work or task which has been given to them, to achieve their and organizational objectives as well.
Supportive: The leaders also give the proper attention on their employees and also help them in case of any trouble in achieving the targets and tasks. All the work is done in friendly environment in the HBL.
M. Ismail (L1F07BBAM0001) UNIVERSITY OF CENTRAL PUNJAB