(Solution) HRMM058 Assessment- PS1- Leadership in a Changing Context
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Slide 3
The function of leadership becomes essential when managing cultural and geographic differences within global business operations. Barclays which operates as a major UK bank undertakes expansion into India and China to build global operational coherence. The financial industry needs leaders who can adapt to different regulations together with consumer behavior patterns and service provision systems. Leaders at senior levels need to understand how cultural variations shape organizational hierarchy together with decision-making processes and employee interactions to achieve successful leadership in diverse regions.
Slide 4
Leadership styles explain how leaders make decisions, manage teams, and operate an organization. The key leadership styles are autocratic, democratic, participative, transformational, transactional and servant leadership (Jaafar et al., 2021). There are different approaches in terms of decision making, employee involvement, and organizational control depending on each style. The effectiveness of leadership style depends on cultural expectations, industry demands, and business goals, which mean leaders need to tailor their leadership style to meet the specific environment (Khassawneh & Elrehail, 2022).
Slide 5
Historical, social and economic influences have had a significant impact on leadership styles among cultures (Hussain & Khayat, 2021). The Chinese leadership is hierarchical and collectivist, which means that it tends to promote authority, stability and relational building in China (Wang et al., 2022). India’s leadership is a blend of authority and mentorship, that is, transformational and hierarchical. However, the UK emphasizes participative and democratic leadership, which promotes employee autonomy, merits-based decisions, and communication (Li & Wang, 2021).
Slide 6
Various leadership styles affect how organizations respond to cross cultural challenges (Safdar et al., 2024; Borde et al., 2023). In India and China, transformational…..
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