Evaluation of leadership theories Research Proposal

Evaluation of leadership theories - Research Proposal Example From this research it is clear that for an effective leadership within an organization, the situational theory points out that the leader should be in a position of adjusting the situation and circumstances at the organization. Under the Hersey and Blanchard’s situational theory of leadership, a team develops from the immaturity stage to the maturity stage during which leadership style and management tend to develop progressively. Fiedler’s contingency model is another type of leadership style that is applicable to the CCS Group based in London. This particular theory indicates that there is no one leading style that can make leadership effective. This style of leadership tends to be effective in the CCS Group since it has helped in the improvement of the performance quality of the organization. The leadership of the CCS Group is normally linked to its performance. According to the theory, there is a concern to assess the traits of the leader if the organization needs t o be successful through effective leadership. Its effectiveness in the improvement of the quality of performance of the CCS Group because it uses the least preferred co-worker scale for assessing the attitude of the leader by asking the leader about the individual they would wish to unite in their work. The trait theories of leadership indicate that leaders who are regarded as effective tend to share common traits and personalities. This is effective in the CCS Group of organizations because the majority of leaders at the organization is self confidence, honest, intelligent, and are self driven.

IFRS effects on banking Term Paper Example | Topics and Well Written Essays - 500 words

IFRS effects on banking - Term Paper Example re of the financial data and the banking company will have to decide carefully regarding the presentation and disclosure so as to keep consistent with other companies. The consolidation requirements of the IFRS require that the statement mentions all the subsidiaries of the company. Special Purpose Entities (SPE) are formed by banks in order to secure loans, influence the leasing transactions and plan the investments and banks are at times form a part in the SPEs which are not included in the consolidated statements, the IFRS may require consolidation to those SPEs as well. (International, 2011) The accounting based on the financial instruments, which an integral part of the banking industry, is also affected as the classification and measurement of the financial instruments is complex with respect to both the standards. (Young, 2011) The measurement of impairment of the financial instruments also involves complexity when a company transits from GAAP to IFRS. The methods of impairment as well as the recognition will also be affected with the use of IFRS in the company. The accounting criteria of IFRS for leases is different from that of GAAP and the IFRS requires more lease transactions to be recognized in the accounts of an entity as compared to those required by GAAP. The banks will be greatly affected who do not recognise the operating leases on their balance sheets when the substance of the lease transaction is that the bank has all the rewards and risk transferred to it. The adoption of IFRS by a banking sector company will require an additional amount of effort in order to comply with the requirements of the IFRS. Some premeditated decisions will be needed to be taken to avoid any additional or incremental costs for the transformation. (IAS