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Essay / Research Paper Abstract
This 16 page paper is written in 2 parts, both of which consider the role of leadership. Looking at the banking industry the first part of the paper chooses a banking company; Washington Mutual, and how the leadership has responded to changes in the industry and the challenges leadership faces. This is explored through the use of a PESTLE model looking at the political, economic, social, technological, legal and environmental factors. The second part of the paper then considers the leadership style of a (fictitious) manager, looking at both the autocratic and democratic skills they may have and considering how these may manifest in everyday work. The bibliography cites 21 sources.
Page Count:
16 pages (~225 words per page)
File: TS14_TEbankled.rtf
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Unformatted sample text from the term paper:
as well as the more personal characteristics of the leaders. There is little doubt that different situations required, or will at least benefit from different leadership styles. If we look
to the banking industry then there has been a large degree f change and this has been reflected in the leadership, evidenced in the way the company has developed strategically
as well as the more observational leadership styles which are seen. To examine this we will look at a company in the banking sector, in this case Washington Mutual, using
a PESTLE analysis. However when conducting this analysis the student may be interested to note the high level of cross over between the different influences. Then we will move on
to look at the more individual styles of leadership that are seen at branch level. Washington Mutual, Inc. was originally founded in 1889
with the purpose of helping people rebuild after the occurrence of the Great Seattle fire (Washington Mutual, 2005). Its aim then was to offer a diverse range of financial services
to its customers, and the aim ids seen by the bank as remaining the same (Washington Mutual, 2005). The bank has evolved into
a regional bank, with a clientele of individual consumers and small to medium sized businesses (Washington Mutual, 2005). The bank can also be seen as a participator of recent banking
history rather than a spectator as a result of the strategic leadership. Washington Mutual has embraced the deregulation with the expansion of services offered and has also undertaken a strategy
of expansions by way of acquisitions. Political Influences One of the main political influences on the banking sector have been moves to try and stabilise the industry, increase competition and
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