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The effects of transformational leadership on organizational financial performance

<p>ABSTRACT
The effects of transformational leadership on organizational financial performance were examined using mixed methods with a sequential research design. For the qualitative phase of the study, 24 participants, eight leaders and 16 followers, described their experience, thoughts, and feelings about the phenomenon of transformational leadership as it pertains to organizational learning, organizational innovation, and followers? behavior during telephone interviews. Organizational learning, organizational innovation, and followers? behavior were considered as the contributing factors of organizational financial performance. For the quantitative phase, 17 leaders and 48 of their direct followers (N = 65) completed the (MLQ-5X) short survey developed by Bass and Avolio (1995). The correlation between the contributing factors of organizational financial performance and organizational performance as measured by ROI, ROE, and EPS were examined. A psycho dimension of transformational leadership was introduced with the paradox of self-conception, self-perception, and perception. A unified approach of transformational leadership with an emergent approach of communication was proposed. The study invites leaders and followers to operate in the realm of self-awareness and the awareness of the I or me concept, which requires a persistent dynamism from both leaders and followers. This persistent dynamism requires leaders and followers to learn from their psychological environment and the psychological tension in the workplace. When leaders and followers begin to apply these recommendations, they will be more equipped to assume the leadership role and exert a more positive influence on their neighborhood, community, society, organization, country, and the World.

Identiferoai:union.ndltd.org:PROQUEST/oai:pqdtoai.proquest.com:10046254
Date29 March 2016
CreatorsDossous, Florise Medine
PublisherUniversity of Phoenix
Source SetsProQuest.com
LanguageEnglish
Detected LanguageEnglish
Typethesis

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