THE IMPACT OF LEADERSHIP ON EMPLOYEE PERFORMANCE [A Case Study of Union Bank Nigeria Plc]
ABSTRACT
CHAPTER 1
1.0 INTRODUCTION
The changing business environment, the importance of effective leadership is increasing important today.
Leadership is always been an important factor in human affairs, but recently, both the need for leadership in management jobs and the difficulty imperative than most people realize. Two fundamental shifts in the business environment are possible.
The shift in competitive intensity for example has invaded other domestic marker in the oil industries the developing countries in the banking is also been affected other emergency of new technologies also have a similar effect especially in the area of micro processing of machine as some of these firms have to the now avoid business stage nations.
Whatever the source, the new competition intensity has destabilized many companies and even the whole industries, some firm that particularly own the market have to complete once again for their own customers thus the changing economic situation in Nigeria has created the new strategies, policies and routine and method of doing business in fact, many managers and executives are being study to develop new product lines, new distributor channel new market methods, new manufacturing process, new finance option strategies and much more and internally million of people are being called upon to help in implementing those new ideas figuring out to help right things to do in am environment of uncertainty by intense competition and them setting other to accepts a new way of doing thing demand skills and approaches that most many managers simple do not have in the 1960, 1970 and 1980.
In demands something more than technical expertise administration ability and additional management.
Thus, operating in the new business environment of the new millennium requires leadership.
This brings us ton the essence of the study, i.e. impact of leadership style towards and effective performance in an organization.
1.1 STATEMENT OF THE PROBLEM
Despite the fact that their increases in competitive intensity has been producing the need for new leadership still in almost all levels in much organization, a second set of less dramatic forces has been steadily leadership in many organization in Nigeria to such as focus like growth, diversification, globalization and technological development has been making business more complex.
Thus, dealing with the leadership challenges created by competitive intensity getting cost down, increasing productivity, improving customer service keeping quality high getting new product development first is not an easy task till there are dynamic change, their needed to be affected and this constitutes an enormous obstacle that needed to be summated through the provision of effective leadership modalities.
The leadership challenge require at the very top a complex organization appears to be almost over writing exercise involving the establishment and implementation of business strategies that are easy but complicate affairs not to talk of the conflict of interest within the firms that makes new investment policy a precious adventives.
It is important to not, however, that the rate of technological development in the business environment is not showing down and even getting accelerated and more turbulence in some industrial sector of the economy , multinational co-operations are not going to disappear or retreat to their home ground, they are increasing getting more international in scope despite the slow growth rate being experience in their domestic market.
Thus the needs to provide all effective leadership process is long-term survivals of a modern day organization draw our attention of the study “LEADERSHIPâ€
1.2 OBJECTIVES OF THE STUDY
This study intends to find out the following;
1. The grouping need for effective leadership
2. Why is it increasing difficult to provide effective leadership
3. What are the consequences of adequate leadership
4. Find out the personal requirement expected of an effective leadership
5. How to use leadership authority
6. How to get results from the effort of their
7. How to establish sound relationship down the line.
8. How to develop self reliance employee employer to them.
9. How to identify sub-ordinate needs
10. To find out the future interest in both leadership and entrepreneurship
11. To find out process between leadership and management
12. The effects of lack of leadership in an organization.
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