CHAPTER ONE
1.0
INTRODUCTION
The
concept of leadership and motivation refers to the process of obtaining cooperation,
interest, loyalty and full participation of
the subordinates. The ability to influence the behaviour of others
through inducing them on a particular direction for the attainment of an
objective.
Any
organization established must have aims and objectives, be it a profit oriented
or a philanthropist organization. Thus it is composed of both the leaders and
the led all performing one activity or the other rewards the attainment of the organizational
objectives.
The
focal point of this research study will be on the approaches to the study of leadership
and motivation. The various leadership styles, and motivational theories, their
application and the reaction of the subordinates.
This
research study is therefore undertaken to review the different types of
leadership styles otherwise known as management styles, motivational theories
how they are applied and the reaction of the subordinates in an organizational
set up with particular reference to United bank for Africa (UBA) PLC.
1.1
HISTORICAL
BACKGROUND
United
Bank for Africa (UBA) PLC is a fully
paid up public liability company registered to undertake the banking business
in federal republic
of Nigeria .
The
bank has a fully paid up share capital of over the required five hundred
million naira (500m) out of which 40% is owned by foreign while the remaining
60% is owned by the Federal Government companies and high net worth
individuals. It is also affiliated to reputable banks and financial
institutions all over the world.
UBA
PLC has over the years been able to established branches throughout all the
local government areas of the federation. The bank has taken its services to
all nooks and crannies of Nigeria
through its initiative agriculture schemes which has earned it the name “The
farmers friend” it has therefore a huge asset base. Among the services of the
bank is the provision of commercial banking activities to its corporate and
individuals customers through the services offers includes: foreign exchange
transaction, investment banking, granting of loans and advances, money market
activities.
At
the helm of affairs are the chairman and managing director, chief executive officer
and a team of seasonal bankers. The bank has it corporate Headquarter at 97/105 Broad street Lagos but there is a plan to relocate the headquarter
to Abuja the
federal capital.
1.2 STATEMENT
OF GENERAL PROBLEM
It
is believed that action of management has a great impact on the motivation of
employees to put in their best towards the attainment of organizational
objectives. Studies have shown that employees are likely to be highly motivated
and attain higher productivity in an organization when they are recognized as
part of the organization, their effort adequately acknowledged, commendations
and actions are constructively, objectively and fairly given than the organization
characterized with one way pattern of communication, whereby employees daily
work life is subject to insecurity, threats, unnecessary reprimands, forces and
command without input or question from them.
1.3 OBJECTIVE/PURPOSE
OF THE STUDY
The
study will be carried out for the following objectives/purpose:
a.
Discover the approaches to leadership
b.
Find out the various leadership/management
styles, motivational theories and their applications in an organization.
c.
Reaction of subordinates to the management
styles of leadership
d.
To make recommendations based on the
findings from the study.
1.4 SIGNIFICANCE
OF THE STUDY
Many
at times, organizations in an attempt to increase productivity of their
workforce, focus attention on the areas of salaries and wages with less regard
to good human or inter personal relation between the management and the
employees.
Management
tends to be coercive and autocratic in some cases while in some other
situations it may adopt democratic and consultative approach. It is against
this background that the study is carried out to determine what then constitute
effective leadership in an organization.
1.5
HYPOTHESIS
The
assumption upon which this research is based are developed in the following hypothesis and are specifically
based on the subject matter as follows:
Ho: That
there is no significant correlation between leadership styles and employees
motivation.
Hi: That
there is significant correlation between leadership style and employee
motivation.
Ho: That
there are not different types of leadership/management styles adopted in the organization.
Hi: That
there are different types of leadership/management styles adopted in the
organization.
1.6
SCOPE
OF THE STUDY
This
study will limits its scope to the leadership style and staff motivation needs
of an employee in United Bank for Africa Plc in order to achieve greater
productivity Emphasis will be placed on the employees of united Bank for Africa
Plc where questionnaires will be administered and subsequently analyzed. Data
analysis can be regarded as a good representative of Nigerian Bank with a view
that whatever affects united bank for Africa plc, affects other banks of its
nature and kind. However, the problems encountered were noted and solution
proffered in the recommendation.
1.7
LIMITATIONS
OF THE STUDY
In an
academic study of this nature, it is envisaged that the researcher will be
confronted with many problems, especially those relating to time and cost. This
will no doubt, have certain effects on inclusions and deductions that would be
made from the research.
In this
case, time constraint on the part of the researcher and lack of fund has
greatly limited my ability to further the research work.
1.8 DEFINITION
OF TERMS
Leadership styles: This is also known as management styles and
it refers to a leaders typical way of behaving to his subordinates.
Motivation: The driving force within an employee that determines
his interest in his work.
Productivity: employees output level.
Subordinates: Employees in an organization other than the
top management. Employees under the supervision of a superior officer.
Morale: the perception of action directed towards a
person. The power of the mind which knows or judges action to be right or wrong
and determines conduct accordingly.
Commendation: Praises/reward for acceptable performance or for
meetings target.
Sanction: Disciplinary actions for misconduct.
Reprimands: Blames/queries for deviation from laid down
procedures.