IDEAS home Printed from https://ideas.repec.org/a/rss/jnljms/v7i1p2.html
   My bibliography  Save this article

Factor of Strategic Leadership: Antidote to Firm Performance

Author

Listed:
  • Niyi Israel Akeke

Abstract

The issue of leadership and its impact on organisational performance is one that has attracted large amount interest among researchers because the styles adopted are very important for goal attainment. However, there are dearth of empirical research on strategic leadership and performance relationship in small and medium enterprises in Nigeria. The objective of this study is to study is to examine strategic leadership factor as a panacea to performance improvement of small and medium enterprises (SMEs). Data was collected through survey on a sample of 550 owners/managers of registered and active SMEs in three states of southwest namely Ondo, Osun and Ekiti. The collected data were analysed through Multivariate Regression analysis and the results showed that a positive and significant relationship exists between strategic leadership styles and owner’s satisfaction, sales growth, profit and employment growth. However, no significant relationship was found between strategic leadership styles and market share. It is recommended that owners and managers of SMEs must pay more attention to the management of their enterprise by exhibiting both transactional and transformational skills in order to contribute more employment generation and particularly, make the sector constitutes a larger share in the economy.

Suggested Citation

  • Niyi Israel Akeke, 2016. "Factor of Strategic Leadership: Antidote to Firm Performance," International Journal of Management Sciences, Research Academy of Social Sciences, vol. 7(1), pages 7-13.
    • Handle: RePEc:rss:jnljms:v7i1p2
    as

    Download full text from publisher

    File URL: http://rassweb.org/admin/pages/ResearchPapers/Paper%202_1497444181.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Ahmad Fadhly Arham, 2014. "Leadership and Performance: The Case of Malaysian SMEs in the Services Sector," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 4(3), pages 343-355, March.
    2. Ahmad Fadhly Arham, 2014. "Leadership and Performance: The Case of Malaysian SMEs in the Services Sector," International Journal of Asian Social Science, Asian Economic and Social Society, vol. 2(3), pages 343-355.
    3. Hugo Zagoršek & Vlado Dimovski & Miha Škerlavaj, 2009. "Transactional and transformational leadership impacts on organizational learning," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 14(2), pages 145-165.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mitra Madanchian & Hamed Taherdoost, 2017. "Role of Leadership in Small and Medium Enterprises (SMEs)," Post-Print hal-02557381, HAL.
    2. Mitra Madanchian & Hamed Taherdoost, 2017. "Role of Leadership in Small and Medium Enterprises (SMEs)," Post-Print hal-03741845, HAL.
    3. Chido Samantha Madhanga & Steven Kayambazinthu Msosa & Tatenda Chikukwa, 2022. "Assessing various leadership styles used at a multinational company specialising in marine services in Sub-Saharan Africa," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(2), pages 136-143, March.
    4. Jekelle, Helen Elena, 2021. "Leadership Styles Dimensions and Organizational Commitment Nexus: Evidence from a Public Sector in Nigeria," OSF Preprints djkqz, Center for Open Science.
    5. Azizah Hashim & Che Mohd Zulkifli Che Omar & Mohd Sahandri Gani Hamzah & Azmi Umar, 2018. "Leadership Behaviour, Entrepreneurial Orientation and Organisational Performance in Malaysian Small and Medium Enterprises," International Business Research, Canadian Center of Science and Education, vol. 11(9), pages 37-50, September.
    6. Joko Triraharjo & Havidz Aima & Achmad Sutawijaya, 2019. "The Effect of Servant Leadership and Breakthrough Leadership on Organization Performance with Employee Satisfaction as Intervening Variable at IDX-listed (Indonesia Stock Exchange) Coal Mining Compani," International Review of Management and Marketing, Econjournals, vol. 9(3), pages 166-172.
    7. Anne Irungu & Robert Arasa, 2017. "Factors Influencing Competitiveness of Small and Medium Enterprises (SMEs) in Nairobi County, Kenya," Journal of Economics and Behavioral Studies, AMH International, vol. 9(2), pages 161-173.
    8. Menike Atapattu & Gayani Ranawake, 2017. "Transformational and Transactional Leadership Behaviours and their Effect on Knowledge Workers' Propensity for Knowledge Management Processes," Journal of Information & Knowledge Management (JIKM), World Scientific Publishing Co. Pte. Ltd., vol. 16(03), pages 1-23, September.
    9. Skerlavaj, Miha & Su, Chunke & Huang, Meikuan, 2013. "The moderating effects of national culture on the development of organisational learning culture: A multilevel study across seven countries," Journal of East European Management Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 18(1), pages 97-134.
    10. Francis Donkor, 2023. "Linking Leadership Styles to Employee Performance in the Public Sector Organizations in Ghana: The Role of Organizational Commitment," International Journal of Business and Management, Canadian Center of Science and Education, vol. 16(5), pages 1-43, February.
    11. Ali Osman Uymaz, 2015. "Transformational Leadership Influence on Follower Performance through Upward Knowledge Management and Organizational Learning," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 5(6), pages 12-22, June.
    12. Novak Andrej & Kristijan Breznik & Srečko Natek, 2023. "Managing Knowledge to Improve Performance: the Impact of Leadership Style and Knowledge Management on Organizational Performance with Moderation Effects via PLS-SEM," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1672-1701, June.
    13. Eduard Gabriel Ceptureanu & Sebastian Ion Ceptureanu & Doina I. Popescu & Liviu Bogdan Vlad, 2017. "Two Stage Analysis of Successful Change Implementation of Knowledge Management Strategies in Energy Companies from Romania," Energies, MDPI, vol. 10(12), pages 1-17, November.
    14. Ali Osman Uymaz, 2016. "The Influence of Transformational Leadership on Personal Branding through the Learning Organization and Consideration of Future Consequences," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 6(3), pages 1-16, March.
    15. Abu Elnasr E. Sobaih & Hassane Gharbi & Ahmed E. Abu Elnasr, 2022. "Do You Feel Safe Here? The Role of Psychological Safety in the Relationship between Transformational Leadership and Turnover Intention Amid COVID-19 Pandemic," JRFM, MDPI, vol. 15(8), pages 1-16, August.
    16. Ojha, Divesh & Acharya, Chandan & Cooper, Danielle, 2018. "Transformational leadership and supply chain ambidexterity: Mediating role of supply chain organizational learning and moderating role of uncertainty," International Journal of Production Economics, Elsevier, vol. 197(C), pages 215-231.
    17. Esin Akay & Ayse Demirel, 2017. "Transformational Leadership and Innovation: An Empirical Study of Direct and Indirect Effects in HR Consulting Companies," International Journal of Business and Management, Canadian Center of Science and Education, vol. 13(1), pages 131-131, December.
    18. Maha Ahmed Zaki Dajani & Mohamad Saad Mohamad, 2016. "Leadership Styles, Organisational Culture and Learning Organisational Capability in Education Industry: Evidence from Egypt," International Journal of Business and Social Research, LAR Center Press, vol. 6(11), pages 42-57, November.
    19. Ali Osman Uymaz, 2015. "Transformational Leadership Influence on Follower Performance through Upward Knowledge Management and Organizational Learning," International Journal of Business and Social Research, LAR Center Press, vol. 5(6), pages 12-22, June.
    20. Syed Muhammad Javed Iqbal, Muhammad Shahid Nawaz, Sulaman Hafeez Siddiqui, Muhammad Kashif Imran, 2019. "Does Project Teamwork Matter? Investigating the Relationship between Transformational Leadership and Project Success," Journal of Management Sciences, Geist Science, Iqra University, Faculty of Business Administration, vol. 6(1), pages 79-95, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rss:jnljms:v7i1p2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Danish Khalil (email available below). General contact details of provider: http://www.rassweb.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.