THE ROLES OF LEADERSHIP IN ACHIEVING ORGANIZATION OBJECTIVES (A STUDY OF AFRIBANK NIGERIA PLC)

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Product Category: Projects

Product Code: 00001857

No of Pages: 86

No of Chapters: 5

File Format: Microsoft Word

Price :

$12

TABLE OF CONTENTS

CHAPTER ONE

1.0  INTRODUCTION

1.1  BACKGROUND OF THE STUDY

1.2  STATEMENT OF PROBLEM

1.3  JUSTIFICATION FOR THE STUDY

1.4  OBJECTIVE OF THE STUDY

1.5  SCOPE AND LIMITATIONS OF THE STUDY

1.6  HISTORICAL BACKGROUND OF AFRIBANK

NIGERIA PLC

1.7  DEFINITION OF TERMS

CHAPTER TWO

LITERATURE REVIEW

2.0  DEFINITION OF LEADERSHIP

2.1  THE QUALITIES OF AN EFFECTIVE LEADER

2.2  TYPE OF LEADERS

2.3  LEADERSHIP THEORIES AND STYLES

2.4  CHARACTERISTICS AND DETERMINANT OF A LEADER

2.5  CONCEPT OF MANAGEMENT BY OBJECTIVE

2.6  MERITS AND DEMERITS OF MANAGEMENT BY OBJECTIVE

 

2.7  IMPLEMENTATION OF MANAGEMENT BY OBJECTIVE

2.8  THE CONCEPT OF MANAGEMENT BY EXCEPTION (MBE)

2.9  ENVIRONMENT AND SYSTEM PROBLEM IN LEADERSHIP

CHAPTER THREE

3.0  RESEARCH METHODOLOGY

3.1  STUDY POPULATION AND SAMPLE SIZE

3.1  SAMPLING METHOD

3.2  METHOD OF DATA COLLECTION

3.3  SOURCE OF DATA COLLECTION

3.4  COLLECTION AND RECORDING OF DATA

3.5  PROCESSING AND INTERPRETATION OF DATA

CHAPTER FOUR

DATA ANALYSIS

CHAPTER FIVE

5.0  SUMMARY OF FINDING, CONCLUSION AND RECOMMENDATION

5.1  SUMMARY OF FINDINGS

5.2  CONCLUSION

5.3  RECOMMENDATIONS

REFERENCES

 

 

CHAPTER ONE

1.0  INTRODUCTION

        Leadership is all about development of follower ship in a particular setting. It is the act of influencing employees to work willingly and happily in order to put in their best to achieve organization objectives.

        Immediately after the creation of human being into the world, the traits, duties or roles of leadership has been transparent, even among the animals one does emerge to identify itself as having certain qualities which other probably do not have which make it to lend other either in autocratic or democratic manner.

        In achieving organizational objectives, the roles of leadership cannot be over-emphasized. The management should be able to influence others within the organization to work with willingness and enthusiason to enhance the speed of the company’s run towards attaining organization objectives.

        Therefore, in the research work, attempts will be made to carryout in-depth study of native and definition of leadership, types of leaders, determinant of a leader as well as the major roles of leadership in achieving the organization objectives.

        Inductive method of reasoning will also be used as certain number of sample say sixty (60) populations shall be asked to answer the prepared question (questionnaire). They will also be interviewed and their responds will be well collated, analysis and interpreted.

        Finding in Afribank Nigeria Plc, while is the case study will also be included in this research.

 


1.1 BACKGROUND OF THE STUDY

        Leadership has probably been written formally research and information discussed more than any other single topic through history, it has been recognized that the difference between success and failure, whether in a business or a basket ball game can largely be attributed to leadership. It is known to exist and to have a tremendous influence on human performance but its inner working and specific dimension cannot be precisely spelt out. Despite these inherent difficulties, a view of some widely known classic studies on leadership can help set stage for the analysis of modern theories and styles of leadership.

        Leadership is a key process in an organization that drives an organization to beautiful land of fulfillment. When a basic credit when failure also occurs, it is usually the same individual at the top that is reprimanded.

        Leadership serves as the art of getting things done through other people instruct of doing it oneself The essence of leadership is to influence other people to work willingly and enthusiastically to achieve organization objectives. It the right or quality leaders are appointed into various positions at the different level’s in an organization the issue of non-performance by an organization would have taking a right decision either financially or otherwise in the course of attaining organizational objectives.

        The concept of leadership is proposed by Tate and Kalon the see leadership is applied to formally organized enterprises a the influential internet over and above mechanical compliance with the routine directives of the organization. These include supplementing the organization design with information necessary for persons to performs their roles, classifying roles in view of the changing environment and recognizing the fact that every roles is part of an open social system that respond to change by being awarded of the dynamic of an organized enterprises. Interpreting them to those working in it any buy making adjustment of human being and desired contribution to goals.

        History is repeated with instance of mediocre performance in the absence of leadership and of superb performance with every enterprise with right style of leadership. If it has other “make work goals” that is when it employees work with zeal and confidence only then can their moral said to have been high and key will achieve greater efficiency. Indeed, in competitive situation these conditions are the way to preserve organization existence, if it is true as it is often said that morale is three quarters of victory. The function of leaderships therefore to iduce, motives, inspires and persuades all subordinates or followers to contribute willingly to organizational goals in accordance with their maximum capacity.

1.2 STATEMENT OF PROBLEM

        Lack of effective and efficient leaders and leadership style in an organization will in no small measure make an organization in capable of achieving its objectives. Adequate attention is not being given to the role of leadership in achieving organization objectives.

        The question of which leadership style can best help in achieving organization objectives has not be paramount importance to channel appropriate effort in view of the significant portion roles of leadership constitute in achieving organization objectives this is the issue understand this study.


1.3 JUSTIFICATION FOR THE STUDY

        The roles of leadership is one of the live wires in an organization attempts to achieve its objective. Therefore, this research work will be very useful to both the private and public sectors in their day-to-day operation and also in their choice of leaders to various position.

        In the past, various research worked have been carried out in the area of leadership impacts in organization. Notwithstanding, some important areas have not been really evaluated or studies.

        The role of leadership will help to enhance the achievement of organization objectives and the research work will also help the research the digest with great knowledge of what leadership is end one need to appoint the right leader to lead an organization.


1.4 OBJECTIVE OF THE STUDY

        Every organization at its inception has a set of objectives and strive willingly and enthusiastically to achieve the set objectives.

        However, before these objectives can be achieved organizations engage the services of a good and competent leader.

        The success of the organization depends on the ability of the leaders in company to perform efficiently and effectively.

        Therefore, the objectives of this study are listed below:

1.          To influence, motivate or include subordinates to work willingly and enthusiastically towards the achievement of organization goals in Afribank plc.

2.          to carry along and encourage in participating of employee in the decision making

3.          To improve workers morale through motivating then to work with happiness towards the attainment of the objective of the organization (Afribank Plc).

4.          To carryout sample survey to sixty (60) populations interview them and make attempt to interpret the results.

 

1.5  SCOPE AND LIMITATIONS OF THE STUDY

        In every research work, there are bound to the limitations and constraints. The limitation in terms of obstacles encountered in the cause of preferring this project is:

1.          High cost of carryout the research

2.          Short time limit imposed on the project work. However, necessary data were obtained within the short time.

3.          Likely errors in questionnaires which may arise as a result of non responsible incorrect response or bias. Also, some reliable information may try confidential and such may not divulged.

 

1.6   HISTORICAL BACKGROUND OF AFRIBANK NIGERIA PLC

        Afribank Nigeria Plc happened to be one of the four (4) leading bank in Nigeria. It was initially known as “International Bank of West Africa limited (IBWA). Afribank Nigerian plc received a banking license in 1959 and the subsequent opening of the first bank of IBWA in Kano state on 18th January, 1960.

        Over the years, Afribank has been consistently and vigorously pursuing its aspiration of being the “supermarket” of the financial world. This had be shown through it effort by establishing various subsidiaries that deal in merchant insurance brokerage, estate trustees and securities and offshare banking in Dublin, Republic of Ireland.

        On 15th of April 1986, a new portfolio was added to the finance department of Afribank the insurance department. A full fledged insurance brokerage that led to the opening of insurance broker on 1st May 1988 was taken after much definition by the movement of Afribank Nigeria Plc.

        The board of Afribank plc is very conscious of its duties to the banks shareholders deposits and it future growth. These duties include the following:

1.          Enhancing and increasing the shame capital of the bank of accommodate the anticipated fixed assets not only as required by the regulatory (CBN), but also by the dictates of prudent banking to product depositors funds.

2.          Ensuring effective management of the banks human and material resources in order to enhance it earning and returns on investment.

3.          Maintain and enhancing planned growth of the bank. Also, the Afribank Nigeria Plc had introduced innovative and specified products for the benefits of their numerous customers. Some of the specialized products include JAMB, Afribank forum sales (JAFS), Afribank cash evaluation scheme (ACFS), Afribank distributors exclusive payment and transfer scheme (ADEPTS) to mention just a few.

4.          Nothing succeeds like success sequel to unprecedented success recorded by the great bank in the healing of crucial nation obligations such as the famous 1994 currency exchange exercise, the sales of JAMB forms and giving cash awards to the best three(3) candidates in the exam as well as ongoing customers and income tax collections on behalf of the federal government of Nigeria. It was also appointed by the federal government to remitting the tollgate collection throughout the country following it privatization.

        Recently, the bank was able to seared or withstand the N25billion capitalization required for every bank in the economy by the central bank of Nigeria (CBN). This is indeed a great source for the bank.

 

1.7   DEFINITION OF TERMS

        PLANNING: This is concerned with the process of setting objectives as well as formulating strategies and policies by which those objectives can be achieved. Planning is basic or fundamental to every organization. It is fularistic in nature. For instance, planning is carryout before the objectives of Afribank Plc are set planning also means a decision making which is the process by which a course of actions for the purpose of effective leadership in an organization.

        ORGANIZATION: This is the act of guiding and supervision the subordinate in relation to the use to resource and the achievement of organizational objectives. It is also referred to as leading or motivating.

LEADERSHIP: This is the art of influencing and motivating subordinate to work willingly and enthusiastically to achieve organization objectives.

        A LEADER: this is someone that is capable of influencing inspiring, including motivating employees to work harder with happiness in order to attain organization objectives.

        CO-ORDINATION:- this is the process of combining activities in a consistent and harmonious way in order to ensure efficiency and effectiveness in an organization.

        CONTROLLING: This can be referred to as activities involved in evaluating the organization’s objectives by comparing the planed performance with a view to discover and correct deviation that might occur.

        TRAITS: these are certain qualities, while are deemed to be possessed by an effective leaders.

        STYLE: this is used to describe the manner in which a leader behaves which can autocratic democratic or lassies faire of free rain.

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