Mr. XYZ is the manager of the sales department at ABC Bank. He oversees a team of 4 sales associates, 2 callers, and 3 sales executives at a branch located in a posh area of the city with high net-worth individual customers and daily foot traffic of 2000 people. However, the global financial crisis has impacted the banking industry, with major banks going bankrupt and public confidence declining. Banks now face strong competition for new clients and loans have dried up, making it difficult for managers and executives to justify their jobs and salaries.

1. Leadership Assignment
An Analysis of Leadership Styles in an Organisation
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Abstract
Mr. XYZ is working in ABC Bank as Manager (sales). Since after graduating from a premier
business school, he got campus placement and is working here for last 8 years. In ABC Bank,
there is a sales department which is being headed by Mr. XYZ, who reports to the AVP sales
regional office. This department is mainly involved in selling banking products to the
customers by pitching in the branch or getting leads from the front staff (operations) or
backend people. In the current profile Mr. XYZ handles a team of 4 Sales Associates, 2
callers, 3 sales executives. The bank branch is located in one of the posh location in the city
having sufficiently good number of HNI (High net-worth individuals) customers and daily
foot fall is around 2000 customers in a day. In this way, in terms of business, the branch does
have hold on customers in the market and the bank is doing well. Though in his assignment,
Mr. XYZ has seen many downturns and pressure from both inside and outside the
organization but, this time the situation which Mr. XYZ is facing seems to be very serious.
This is the global crisis which panicked in every corner of the world. Major Banks like
Lehman brothers have gone bankrupt and public is losing confidence in the banking business.
Subprime bubble burst have swept the loan market and the liquidity in the market is dried up
now. There is a very strong competition between banks for client acquisitions, selling
insurance products, and disbursing home loans to the credible customers.
Due to poor performance of employees and inefficiency of banks to pay, hundreds of
managers and executives are losing their jobs and it has now become a challenge to stick to
their jobs. Forget about the incentives and perks, it is even difficult to justify your salary.