Gender Differences in Leadership Styles and Organizational Success in Vietnam

Purpose: The aim of the study was to assess the gender differences in leadership styles and organizational success in Vietnam. Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries. Findings: The study indicated that women tend to adopt a more transformational leadership style, characterized by inspiration, motivation, and fostering positive relationships within the team. This style is linked to higher employee satisfaction and productivity. Men, on the other hand, are more likely to employ a transactional leadership style, focusing on structure, tasks, and rewards, which can lead to efficient achievement of specific goals. While both styles have their advantages, the growing emphasis on collaborative and inclusive work environments highlights the potential for transformational leadership to contribute significantly to long-term organizational success. In terms of organizational outcomes, companies with a higher proportion of women in leadership roles often demonstrate better performance metrics, including financial performance, innovation, and employee retention. This success is partly attributed to diverse perspectives and inclusive decision-making processes that female leaders tend to promote. Additionally, organizations with gender-diverse leadership teams are more adaptable and resilient in the face of challenges, which is crucial in today's rapidly changing business landscape. Implications to Theory, Practice and Policy: Transformational leadership theory, social role theory and implicit leadership theory may be used to anchor future studies on assessing the gender differences in leadership styles and organizational success in Vietnam. Organizations should strive to promote a balanced leadership approach that integrates the strengths of both task-oriented and relationship-oriented behaviors. Policymakers should consider implementing gender-inclusive policies that promote diversity and equality in leadership roles. This includes initiatives such as mentorship programs, leadership training opportunities, flexible work arrangements, and transparent promotion processes.