Sunday, June 9, 2019

Lloyds TSB & HBOS Case Study Example | Topics and Well Written Essays - 2000 words

Lloyds TSB & HBOS - Case Study ExampleIn order to better understand the acculturation of both the presidential terms we will analyse the cultures of both the organisations according to the five attributes used by Hofstede in a study involving 160000 IBM managers across more than 60 countries. consort to Hofstede five fundamental differences in national styles were found while examining the culture of the organisation.The power distance in the Lloyds TSB seems to be lower as comp are to HBOS where bosses are seen as more autocratic or paternalistic as compare to Lloyds TSB. The decision making at both the organisations is of consultative style. Again the employees at the Lloyds TSB are more participative and involved in the operations and decision making of the organisation as compare to HBOS (Higgs, 1996).Individualism is prevalent in the British culture as a result both the organisations have the culture of organising the work in such a way that the self interest of employees is aligned with the management of the organisation (Huczynski & Buchanan, 2007).As discoverd by Hofstede (1997, p. 120) described uncertainty avoiding societies are a society where there are many formal laws and informal rules controlling the rights and duties of employers and employees. At Llyods TSB the uncertainty avoidance is at low level therefore the organisation effectively implement teams with higher levels of autonomy. Whereas again at HBOS the employee empowerment is lower as compare to Lloyds TSB. MasculinityIn both the organisations masculinity and Femininity traits are prevalent and preempt be experienced by undertaking an analysis of the behaviours of the managers. consequently the notion of learning by experience is not centric (Burden and Proctor, 2000).Confucian dynamismAs mentioned by Hofstede there is higher acceptance of the legitimacy of power structure and the valuing of perseverance and thrift, all without undue emphasis on tradition and social obligations wh ich could impede business initiative in the Western cultures. The organisational cultures of both the organisations verify the findings of Hofstede.2. How would you describe the prevailing leadership styles employed by each organisationA leader has the qualities to influence others through his persuasive measures such as the communication, display of confidence, can gain information regarding the problem being addressed and persuade the masses in the desired direction (Prasad, 2006 p. 264).SOCIAL VALUESECONOMICCONDITIONSLEADER buildingFOLLOWERSPOLITICAL CONSIDERATIONSSource Taken from, Prasad LM, (2006) Organizational Behaviour, Fig 26.1 p 287All these factors interact together to determine the leaders ability to influence others.In HBOS the leaders of the administration practice a distinct participative style. The strong

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