Analysis of Leadership Styles and Business Factors: Barclay Bank

This report provides an overview of leadership styles within Barclay Bank, examining autocratic, democratic, and laissez-faire approaches and their respective functions. It delves into the operational aspects of the bank, highlighting how different leadership styles are employed to manage various business functions. The report also incorporates a PESTLE analysis to assess the political, economic, social, technological, environmental, and legal factors affecting Barclay Bank's operations. The analysis helps identify challenges and opportunities, offering insights into the bank's strategic management. The conclusion emphasizes the importance of leadership styles in guiding team members toward achieving organizational goals and highlights the utility of business analysis tools like PESTLE analysis for strategic decision-making. The report is supported by references to relevant academic sources.

Leadership Style

Table of Contents
 INTRODUCTION
 MAIN BODY
 Introduction of Barclay Banking Firm-
 Leadership Style and their functions
 Pestle analysis
 Recommendation
 CONCLUSION
 REFERENCES

INTRODUCTION
 Leadership style is basically an appropriate manner and approaches of
providing direction, motivation and implementing plans. This style is a type of
behavioral pattern that leader easily adapt to influence the behavior of
followers. This report will discuss about the leadership style in Barclay firm
for managing the entire business operations and their functions. Furthermore,
It will describe the business analysis tools that help for identifying the issues
and factors that affect the entire business.

Introduction of Barclay banking-
 It is a British banking company which located in London. This organizational
is established in 2000 by the Barclay bank. The company the different type of
service such as the commercial banking, investment banking etc. It is the
biggest selling product in 2013. Barclay bank manufacture also operates In
UK and run the corporate social responsibility project (Cheung, Yeung, and
Wu, 2018). This will help for organization to provide the best quality of
services to the customers.

Leadership Style and their functions
 Autocratic Leadership- This type of leadership style help for power and
decision making whereas leaders are easily understands their own duties or
responsibilities. They have full authority to manage the business aspects. In
Barclay bank Manufacture, Leaders are performed different functions through
the autocratic style such as close supervision, commanding and clear cut
direction to their superior. They are quickly taken decisions, direction and
prompt the action towards the development. Leaders are influences the other
members towards the goals and achievement by using incentive or rewards

Cont.
 Democratic Leadership- This leadership is participated in the business
development because leaders are formulating plans, strategies and policy. They
can encourage the participation in the decision making. For Example-
Sometimes, the leaders may server as moderator of ideas and give suggestion
from the team or group. Leader can use the scientific management which
based

Cont.
 The Laissez- Faire- This type of leadership is avoided the power and
responsibility because leaders passes on the responsibility for the decision
making to his subordinate. In this way, leaders are limited initiative towards
the management. In Barclay bank firm, leaders don't give the direction and not
allows the group to establish their own goals. They play only minor role in the
organization.

Pestle analysis
 Political Factor- For Past few years, Barclay bank firm is facing the tough situation in global
world. The price of drugs were already under the pressure in other countries. In this way, Barclay
bank firm is changing the policy and procedures . Political pressure must be challenging for the
Industry. There are such pressure become a cause of worry about the drugs makers.
 Economic Factor- The economic crisis is completely over but it effects the entire society. In UK,
there are all around in several nations where the economic situation has yet completely recovered
in properly. There are various type of economic and political pressure leading to loss for the
Barclay bank company. This type of challenges the Barclay bank industry faces the growing
pressure regarding the profit growth.

Cont.
 Social Factor – Social culture is another factor that present both threat and
opportunities in the Barclay bank organization. Aging population is major
factor that bring wide range of opportunities in the company. It will need
dedicated towards the different kind of issues that come for increasing the age.
 Technological Factor – Technology has major role in the banking sector.
Especially, when it will increase the social networking to share the non
profitable opportunities. New technologies help for organization to reduce the
cost and reduce the expenses.

Cont.
 Environmental factor- Environmental risk is to be considered in the Barclay
bank firm because there are many products that can pollute the environment.
Product do not impact on the environment but their improper disposal and
storage affect the around. In this way, the pressure on Barclay bank manufacture
firm is high over the synchronization among the need of environmental.
 Legal factor- It is one of the biggest challenges before the Barclay bank firm.
Financial penalties on the Barclay bank companies UK have become more
frequent. There are different anti corruption laws and strict compliance's which
are highly challenges for the organization.

Recommendation
 It has recommended that the Barclay bank firm is mainly used the business
tool such as pestle analysis that help for identifying the need and requirement.
Barclay bank is formulating plans and strategies by using technology for
increasing the competitive advantages.

CONCLUSION
 As per discussion, it concluded that Leadership style is the best approach in
the organization to influence the other team members towards their goals and
achievements. This report discuss about the leadership style in Barclay bank
for managing the entire business operations and their functions. Pestle
Analysis is a type of business analysis tools that help for identifying the issues
and factors that affect the entire business.