The Impact of Leadership Styles on the Effectiveness of an Organizatio Assignment

The Impact of Leadership Styles on the Effectiveness of an Organization - Assignment patternThevision of the organization is to become the premier Arab vernacular, invest in people, to deliver the worlds ruff quality products to its customers, to deliver the maximum returns to its shareholders, and benefit all the communities in which their operations took place (Oxford Business Group, 2008, pp.103-104). The bank had faced a lot of challenges but the organizational socialization of the bank helped it to maintain its market position. The culture of conservatism and prudence in the National Bank of Kuwait prove to be a mention to the success of the organization. The bank has the largest branch network in the country and has total assets of $58 billion. Many outside(prenominal) firms and blue chip companies having their business in Kuwait has the national bank of Kuwait as their cooperator (Espinoza, Fayad and Prasad, 2013, pp. 111-112). The organization operates in a region whe re the political, geopolitical and financial crisis is a very common agentive role but a prudent, conservative culture, careful stewardship, and risk management organizational culture helps the firm to mortify such risks. The founders of the bank were merchants who were basically rich. The leaders themselves has value for money and has a prudent nature. They sieve and work hard for earning this money. The bank even had opened its global operations across London, Singapore and youthful York in order to provide extensive service to the wealthy clients of the bank and capitalize on the surpluses produced by the oil wealth of Kuwait. The bank has over the time adopted a regionalization and diversification strategy (Wohlers, 1983, pp.54-55). In order to adopt such a strategy the bank has broken down silos between the by-line and support functions and has transformed into more of a group structure. Commonly the banks do not have a very fun working place. The work culture at NBK is un like a common bank. NBK has proved to be a receptive place to work, with the help of the open door form _or_ system of government. The open door policy initiates open communication within the work environment of the bank.