TITLE:
Effect of Leadership Approaches on Organisational Management & Economic Growth
AUTHORS:
Abel Eseoghene Owotemu, Roberta Bernardi, Collins Nwosu
KEYWORDS:
Leadership, Organizational Performance, Autocratic Leadership, Laissez-Faire Leadership, Servant Leadership, Transactional Leadership, Transformational Leadership, Economic Growth
JOURNAL NAME:
Open Access Library Journal,
Vol.11 No.12,
December
31,
2024
ABSTRACT: This study examines the impact of leadership approaches on organizational management and economic growth, focusing on the roles of autocratic, laissez-faire, servant, transformational, and transactional leadership. Data was collected from 84 employees across the 34 public sector institutions in Nigeria. The respondents cut across senior and Junior level officers. The research explores how these leadership styles influence resource management, employee engagement, and overall organizational performance. The findings reveal that autocratic and laissez-faire leadership negatively affect organizational outcomes, including service delivery and economic growth, while transformational and transactional leadership fosters better management practices and enhanced performance. This study explored the impact of leadership styles on organizational management and economic growth within the context of Nigeria’s public sector. Through an analysis of data collected from 84 employees across various public sector institutions, the findings indicated that leadership styles significantly influence organizational performance and economic outcomes. The study recommends adopting leadership styles that encourage innovation, collaboration, and accountability to promote organizational effectiveness and contribute to broader economic development.