You are on page 1of 5

5 factors which make an effective leader a paramount to an organization

able to influence and inspire people to accomplish a goal a visionary person meaning awareness of organizational goals, objectives and vision a trustworthy person who follows ethical standard able to communicate the organizational goals, objective, vision, knowledge and technical expertise to the organizations employees able to make "successful" decisions on immediate basis

A Success of Effective Leadership Style in Standard Chartered Bank, Bangladesh

Overview of SCB
Standard Chartered Bank (SCB) is the largest international bank in Bangladesh with 26 Branches.
It is originally established its first branch in Chittagong in 1948)

To support and improve leadership development within the bank, Standard Chartered Bank now has seven core leadership development programs along with feedback programs such as the 360 feedback tool

Factors of Effective Leadership Style in SCB


Based on the philosophy of being a strengthsbased organization
effort of employee groups and leaders of the bank who have been exposed to a unique culture.

Aligns teams with business vision and objectives Builds staff engagement and commitment Creates opportunities for open and courageous conversations Encourages employees participation in decision making & motivates toward the goal Accelerates high performance by collaborative approach in organization

You might also like