Monday, June 17, 2019
Case Studies Study Example | Topics and Well Written Essays - 250 words - 3
Studies - Case Study ExampleNick Leason is opportunistic because he used his position in the commit to cover up his mistakes. He was also a dishonest employee. Instead of reporting the loss caused by other employees, he covered the loss in order to comfort the employees and maintain the banks good reputation in the bank.Leadership styles had effects on Baring Brothers leadership tea. Leissez-Fare leadership, which involved lose of supervision on employees direct to the failure of the executive director team. They could not make effective decision in time. The other leadership style that influenced the action of executive team includes autocratic leadership style. Leeson as the general manager made decisions without involving other management team members. The banks problem would be detected in time by the executive team if the bank leaders had made collective decision.Situation leadership affected the banks situation in unhomogeneous ways. Leaders of the organization employed less qualified staff in order to increase the profitability of the bank by paying them less money. This led to the banks loss. In addition, Leeson situational leadership style involved covering the loss in order to meet needs of investors and employees in the bank. This worsened the banks
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