Leadership and Management Development Essay Example | Topics and Well Written Essays - 2250 words

Leadership and Management Development - Essay Example As the paper discusses  the dynamism in technology and the overall globalization are attributable to the leadership and management styles in today’s organizations, particularly the corporation under consideration. For instance, Barclays bank has an intensive structure of communication from a centralized point. The global operations of Barclays are monitored from a central location. This has been made possible by embracing technology in networking and programming. In fact, the bank’s management is able to monitor millions of transaction daily. This is one of the primary benefits of technology. This study observes that, Barclays bank embraces a considerable level of virtual management compared to physical. The bank has edged competitively in the banking and investment industries through apt leadership and management skills, which are in line with the latest technological trends.From the discussion it is clear that  Barclays bank’s leadership and management cons ist of numerous departments and sub-departments that act as the overall administration unit of the bank. Some researchers term it as the heart beat of the company. It oversees and coordinates all the activities of the bank in a daily basis. In fact, its absence literally implies absence of the bank’s transactions.  The primary function of the management and leadership team of any organization is to work to ensuring high level of alignment between the company’s structure and the attributed strategies intended for execution.... Some researchers term it as the heart beat of the company (LEES, 1992). It oversees and coordinates all the activities of the bank in a daily basis. In fact, its absence literally implies absence of the bank’s transactions. Consider the following structure. Courtesy of Mumford A. and Gold, J. (2006) Management Development: Strategies for Action, London, CIPD Management Strategy and structure alignment at Barclays bank The primary function of the management and leadership team of any organization is to work to ensuring high level of alignment between the company’s structure and the attributed strategies intended for execution. Alignment of the two instruments is fundamental in the overall realization of a firm’s objectives (MULLINS, 2010). For the case of Barclays bank, strict flow of information in both vertical and horizontal directions as illustrated in the management structure remains the core priority. It enables proper conveyance of information of emerging t rends in diverse sectors of the firm. Such information needs to be relayed frequently due the ever-dynamic business milieu (SCHEIN, 1989). Effective managers should apply informal managerial skills to ensure interactive culture with all the stakeholders to facilitate effective leadership that is characterized by inclusiveness. Management and leadership operations As depicted from the structure above, the Barclays bank’s leadership has become more challenging due to the global dynamism that the industry is facing today. The company has become more flexible to change, responsive and less structured (PERREN, & BURGOYNE, 2002). While the CEO’s have remained the ultimate authority, the bank continues to depend on