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A critical assessment of leadership effectiveness in managing remote teams in Zenith Bank Plc, Benue State

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
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  • NGN 5000

Background of the Study

The increasing shift towards remote work, accelerated by the COVID-19 pandemic, has transformed organizational dynamics worldwide, with banking institutions, including Zenith Bank Plc, adapting to this new mode of operation. Remote work offers flexibility, but it also presents unique challenges in leadership, communication, team cohesion, and performance monitoring. Zenith Bank, a major player in Nigeria's banking sector, has adopted remote working policies, especially for its support and administrative staff in Benue State. While remote work is expected to enhance employee satisfaction and productivity, managing remote teams effectively requires leadership that can foster engagement, ensure performance, and maintain organizational culture from a distance.

Effective leadership in managing remote teams involves a mix of communication, trust-building, technology utilization, and maintaining employee motivation despite physical distance. Previous studies have shown that leaders who successfully manage remote teams possess strong interpersonal skills, adaptability, and a clear understanding of remote team dynamics (Smith & Roberts, 2024). Zenith Bank’s leadership effectiveness in managing remote teams in Benue State, however, remains largely unexamined. This study aims to critically assess the leadership strategies and approaches used by Zenith Bank’s managers in maintaining the effectiveness of remote teams.

Statement of the Problem

Zenith Bank has embraced remote work for some of its operations in Benue State, but it faces challenges related to managing remote teams. Leaders may struggle with maintaining communication, tracking performance, and ensuring alignment with organizational objectives in a remote setting. Additionally, employees working remotely may feel disconnected from the organizational culture, which could affect their engagement and productivity. This study seeks to investigate the leadership strategies that Zenith Bank employs in managing remote teams and evaluate their effectiveness in ensuring smooth operations and high performance.

Objectives of the Study

1. To assess the effectiveness of leadership in managing remote teams at Zenith Bank Plc, Benue State.

2. To examine the leadership strategies used by Zenith Bank in fostering team cohesion and communication in remote settings.

3. To recommend improvements for leadership practices in managing remote teams at Zenith Bank Plc, Benue State.

Research Questions

1. How effective is leadership in managing remote teams at Zenith Bank Plc, Benue State?

2. What leadership strategies does Zenith Bank use to foster communication and team cohesion in remote work environments?

3. What improvements can be made to leadership practices to enhance remote team management at Zenith Bank Plc, Benue State?

Research Hypotheses

Ho1: There is no significant relationship between leadership effectiveness and the performance of remote teams at Zenith Bank Plc, Benue State.

Ho2: Leadership strategies do not significantly influence communication and cohesion among remote teams at Zenith Bank Plc, Benue State.

Ho3: There is no significant difference in remote team performance before and after the implementation of leadership strategies at Zenith Bank Plc, Benue State.

Scope and Limitations of the Study

This study is limited to assessing the effectiveness of leadership in managing remote teams at Zenith Bank Plc in Benue State. The scope includes examining the leadership strategies and their impact on communication, team cohesion, and performance in remote settings. Limitations may arise from the difficulty in gathering data on leadership strategies and employee experiences remotely, as well as potential biases in the self-reported data from managers and employees.

Definitions of Terms

• Leadership Effectiveness: The ability of leaders to influence, guide, and manage their teams toward achieving organizational goals.

• Remote Teams: Teams that work outside of the traditional office environment, typically from home or other off-site locations.

• Team Cohesion: The degree to which team members are united and work together effectively toward common goals.

 





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