Behind every successful business is not just a great product or service, but a great team. For John Giardino of Massapequa, leadership is less about telling people what to do and more about creating an environment where teams thrive. His philosophy is simple: when you build strong teams, you build strong businesses.
Giardino’s leadership approach begins with hiring and developing the best. In his view, businesses grow only as fast as their people grow. He looks for talent not just with skill, but with drive, accountability, and a hunger to improve.
“Hiring the right person is only half the battle,” Giardino explains. “The real work is helping them develop, giving them challenges, and showing them they have a future in the company.”
Peer Reviewing and the Buddy System
One of Giardino’s unique principles is the use of peer reviewing and buddy systems. By pairing team members together, he ensures accountability, faster learning, and better results.
“When two people work in tandem, the quality is five times higher,” says John Giardino. “Peer accountability isn’t about criticism — it’s about raising each other’s standards.”
This system creates a culture where no one operates in isolation. Everyone is part of a feedback loop designed to improve performance and outcomes.
Small, Self-Contained Teams
Giardino also believes in small, self-contained teams — units that have everything they need to succeed without waiting on outside resources. This setup creates speed, agility, and ownership within each group.
“Smaller teams move faster,” Giardino explains. “They communicate better, they hold each other accountable, and they execute without layers of bureaucracy.”
Courageous Conversations
Another cornerstone of Giardino’s leadership is the commitment to courageous conversations. He believes the best teams don’t avoid difficult discussions — they face them with respect.
“Strong teams don’t hide from conflict,” says John Giardino of Massapequa. “They embrace it, challenge ideas, and then align around the best solution. Respectful disagreement is how you get to the truth.”
This principle ensures that innovation and improvement are constant. Teams are encouraged to speak up, question assumptions, and refine ideas together.
Respect and Integrity as Non-Negotiables
For Giardino, a winning team culture must be grounded in respect and integrity. He insists that businesses cannot sacrifice ethics or dignity — not even 1%. This creates trust, both internally among team members and externally with customers.
“When people feel respected and know integrity is non-negotiable, they give their best,” says Giardino. “That’s the foundation of loyalty and high performance.”
Why Teams Win More Than Individuals
While some businesses are built around individual leaders, Giardino’s philosophy is that teams create lasting success. Individuals may win occasionally, but only well-built teams win consistently.
For small businesses in particular, the strength of the team often determines whether the company can grow, scale, and compete with larger players. This is why Giardino prioritizes systems, culture, and structures that make teamwork the default mode of operation.
A Massapequa Leader With a People-First Mindset
Though his leadership journey has extended beyond his hometown, John Giardino of Massapequa remains rooted in the belief that business is ultimately about people. His focus on building teams, fostering respect, and creating accountability reflects both his personal values and his business philosophy.
Conclusion
For John Giardino, building winning teams is not a slogan — it’s the core of his leadership. By hiring and developing the best, creating buddy systems, empowering small self-contained teams, and encouraging courageous conversations, he builds cultures where people perform at their highest potential.
The result is simple but powerful: when teams win, businesses win. And for Giardino, that principle is as true in Massapequa as it is in any market around the world.
Emmanuella, O., & Oluwasola, I. J. (2026). Leadership Styles and Employees’ Performance of Private Tertiary Institutions in Ibadan, Oyo State. International Journal of Research, 12(4), 559–588. https://doi.org/10.26643/ijr/2026/21
The study investigates the relationship between leadership style and employees’ performance of tertiary institutions in Ibadan, Oyo state. Four (4) variables of leadership style were examined, autocratic leadership style, democratic leadership style, transformational leadership style and transactional leadership style in relationship with the dependent variable employees’ performance. Cross sectional survey research design was used for this study with population of 585 using stratified random probability sampling technique and a sampling size of 238 while 205 respondent’s questionnaire were retrieved for analysis. From the result of the analysis carried out using Robust Ordinary Least Square Regression (ROLS), it was discovered that Democratic Leadership Style (DELS) and Transformational Leadership Style (TFLS) were positively and significantly related to Employees’ Performance (EP) while, Autocratic Leadership Style (AULS) shows a positive but insignificant relationship with Employees’ performance (EP) and Transactional Leadership Style (TSLS) shows a negative and insignificant relationship with Employees’ Performance (EP) of private tertiary institutions in Ibadan, Oyo state. The study concludes transformational leadership style should be practiced because of its creativity as well as performance and supportive nature also, knowledge can easily be shared amongst employees when organizations are using a transformational leadership style and thus promoting organizational culture and improving overall performance.
Adekunle (2020) posited that leadership is an important factor in every human activity and the realization of human aims and objectives but, Zamin and Hussin (2021) argue that the adopted leadership style and work climate impact commitment levels of the employees and influence job performance. Anyaegbunam and Anekwe (2021) posited that the success or failure of any organization depends on the leadership and the styles. Different leadership styles contribute to improving organizational performance and the capacity to overcome leadership challenges encountered in organizations. These styles include autocratic, bureaucratic, charismatic, laissez-faire, participative, transformational and transactional leadership styles which allow a leader to connect employees’ or organizational performance (Onwuegbuna, 2022). Leadership style is the most important factor for the development of any private or governmental organization or any educational institution. Thereby creating influence, and motivation to lead employees to achieve pre-determined goals and objectives (Wase & Jeyaprabha, 2022).
1.1 Statement of the Problem
In today’s business world, the flow of life depends mostly on the effectiveness of leadership styles such as survival of the organization, development as well as effective performance. Though, the present global economy is driven by profitability, innovation and performance (NawoseIng’ollan & Roussel, 2017). The Nigerian university system has been overwhelmed with numerous challenges which have seen the nation’s universities being ranked below 100th worldwide. Also, despite all these challenges, administrative and leadership direction have continually gathered these challenges (Yusuf-Habeeb & Yusuf, 2017). Currently, most organizations stress creating the workflow and team to improve efficiency in their organizational performance (Al-Malki & Wang, 2018).
According to Agarwal (2020) Leadership style is an important area as it enables employees to work effectively and efficiently in an organization and leadership styles adopted by managers in an organization promote organizational objectives and goals. Although, there are progress and understanding of leadership styles in Nigeria and especially the impacts of democratic leadership style on employees’ performance at tertiary institutions in Nigeria and how some tertiary institutions are yet to realize goals due to challenges related to leadership style (Idowu, 2019; Manza, et al., 2020; Onwuegbuna, 2022). Though the issue leading to this study may be listed as rising from unsuitable applications of leadership styles responsible for a poor working relationship that ties employees and management of tertiary institutions. And most studies have been carried out as regards leadership style and employees’ performance in developed countries but in Africa especially Nigeria studies carried out are mostly in the area of banking, and companies but research carried out in Nigeria on tertiary institutions is not much.
Though, most researchers have worked on leadership style and employees performance in Nigeria such as Ajibade, et al., (2017); Orji, et al. (2017); Kalu and Okpokwasili (2018); Ekpenyong (2020); Amussah, et al. (2020); Nwagbala, et al. (2021); Adegboyega and Awolusi (2021); Akpoyibo (2022) and Onwuegbuna (2022). But few researchers have been able to work on tertiary institutions in Nigeria recently such few scholars are Yusuf-Habeeb and Yusuf (2017); Odunlami, et al. (2017); Kalu and Okpokwasili (2018); Idowu (2019); Manza, et al. (2020); Onwuegbuna (2022). It was observed that these researchers mainly used transformational, transactional, charismatic, participatory, and laissez-faire as components of leadership style while autocratic, and democratic amongst others were not used in measuring leadership style and employees’ performance of tertiary institutions in Nigeria. Another aspect is the methodology where the questionnaire was not measured based on a multi-factor leadership questionnaire. Therefore, this study made use of this scaling factor by Bass (1995) and Yousef (2000) scale of measuring employee performance. Also, the study emphasized an understanding of leadership style the underlying factors, issues and influence on employees’ performance at private tertiary institutions in Ibadan, Oyo State, Nigeria.
1.2 Research Questions
The study investigates the following
What is the impact of autocratic leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo State?
Does democratic leadership style influence employees’ performance at private tertiary institutions in Ibadan, Oyo State?
What is the relationship between transformational leadership style and employees’ performance at private tertiary institutions in Ibadan, Oyo State?
How does transactional leadership style impact employees’ performance at private tertiary institutions in Ibadan, Oyo State?
1.3 Research Hypotheses
To provide answers to the research questions derived from this study, the following hypotheses were formulated:
H01: There is no significant impact of autocratic leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo State.
H02: There is no significant influence of democratic leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo State.
H03: Transformational leadership style has no relationship with employees’ performance at private tertiary institutions in Ibadan, Oyo State.
H04: There is no significant impact of transactional leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo State.
1.4 Scope of the Study
The study investigated the relationship between leadership styles and employees’ performance at private tertiary institutions in Ibadan, Oyo State. The choice of Lead City University, Ibadan was conceived because of the closeness of the area to the researcher and the fact that it is one of the largest private universities in Ibadan, Oyo State, Nigeria. The population was based on the academic and non-academic staff of the school. The study used four (4) leadership style components (autocratic, democratic, transformational and transactional leadership styles) which serve as the independent variables and described their impact on employees’ performance which is the dependent variable. The study used a stratified random probability sampling technique in selecting the sampling size of the population while Robust Ordinary Least Square regression analysis was carried out in determining the significance level of each variable and the timeframe for the study was September 2023 to January, 2024.
2.0 Literature Review
2.1 Employees’ Performance
Employee performance is important for an organization as a measure of success in running any business, because the higher the performance, the higher the chance to achieve organizational goals (Pradana, et al., 2020). Though the company expects employees to have good performance given the importance of employee performance, it can be said that performance improvement is one of the important aspects of human resource management for the company which can be carried out if employees have good quality work so that employees can work competently and can complete work on time according to predetermined standards (Fakhri, et al., 2020). Organizations as well need to pay massive attention to their employees and their welfare, because happy and motivated employees are the sole channel through which organizations can become successful organization (Insan & Masmarulan, 2021). Furthermore, employee performance is focused on examining how well an individual employee performs at their job over a given period. Employee performance is also a critical review of the jobs that have been done and completed by an employee over some time by analyzing how the job is done either promptly or otherwise (Alheet, et al., 2021; Amegayibor, 2021).
Belete (2020) argued that leadership styles refer to the pattern of leaders’ behaviour that characterize a given leader or various patterns of behaviour favoured by the leader during the process of directing and influencing employees (Efendi & Graduate, 2020; Amussah, 2020). It is a style that invites and directs followers or employees to achieve common goals by creating a work environment that is more authoritative, controlled, effective and directed (Abadiyah, et al., 2020). Bastari, et al. (2020) stated that a leader’s influence is known to make improvements to employees in achieving company goals. while, leadership style is associated with the actions of a leader when leading and providing guidance (Rohman et al., 2020). Through leadership style, an effort can be formed to influence or direct employees or followers by mobilizing available human and material resources effectively and efficiently throughout the management process to achieve the desired objectives or goals (Purnomo et al., 2020). Leadership style in an organization is one of the factors that play a significant role in enhancing the interest and commitment of employees in the organization (Zamin & Hussin, 2021; Clinton & Ogbor, 2021). Leadership styles determine the level of employee participation in decision-making and the way an organization is run administratively (Akpa, et al., 2021; Wase & Jeyaprabha, 2022). For this study, autocratic, democratic, transformational and transactional leadership styles are used in measuring leadership style.
2.1.3 Autocratic Leadership Style
This type of leadership is often best used in situations where crisis arises when decisions must be made quickly and without dissent. It is valuable when organizations face a crisis or when an urgent problem arises that requires immediate attention (Al-Khajeh, 2018). This kind of style sometimes irreparably hinders organizational growth because there is a tendency to force their direct reports to perform tasks in a constricted manner (Belete, 2020). Also, in this leadership style, there is no collective vision and slight motivation among leaders and employees. Also, commitment, innovation and creativity are eliminated (Amussah, 2020; Wase & Jeyaprabha, 2022). Thus, the autocratic leadership style is a classical leadership approach, and the corporate equivalent of dictatorship or tyranny and which is marked by the leader having complete authority and the subordinates obeying the instructions of the leader without questioning and without receiving an explanation or rationale for such instructions (Khudhair, et al., 2022).
2.1.4 Democratic Leadership Style
According to Priarso, et al. (2018) in a democratic leadership style, leaders dynamically encourage and stimulate group decisions and group discussions. Some characteristics of the democratic leadership style are the fact that group members are encouraged to share ideas and opinions, even if the leader retains the final say over decisions, members of the group feel more engaged in the process and innovative ideas are welcome and encouraged as well as rewarded. And because it yields a lot of benefits, employees are encouraged to share their thoughts which can lead to better ideas and more innovative solutions to issues (Sadia & Aman, 2018). This type of leadership style is the opposite of the autocratic leadership style and in this leadership style, the leaders are generally more people-oriented and the feelings of their subordinates or employees (Derese, 2020). Democratic leadership style is a very open and collegial style of running a team and researchers have found that this learning style is usually one of the most effective and leads to higher performance (Belete, 2020; Saputra, & Mahaputra, 2022).
2.1.5 Transformational Leadership Style
Transformational leadership style according to Idowu (2019) is the process of influencing major changes in attitudes and assumptions of organizational members and building commitment to the organization’s mission or objectives (Eliyana, et al., 2019). Transformational leaders or managers do encourage their subordinates or employees to view the problem from a new point of view, provide support and encouragement communicate vision, and stimulate emotions and identification (Bastari, et al., 2020; Derese, 2020).
Amussah (2020) stated that transformational leaders motivate their followers in such a way that it goes beyond the usual rewards and monetary exchanges (Alheet, 2021; Patzelt, et al., 2021; Udin, 2021; Baig, et al., 2021). Osano (2022) opined that the importance of this leadership style, leaders in an organizational workplace cannot be over-emphasized as this set of leaders have the capacity and needed skills to solve problems, transform the organization and take the organization to greater heights to achieve better results for the organization (Dey et al., 2022). Thus, the transformational leadership style creates valuable and positive change in the followers with the end goal of developing followers into leaders (Wase & Jeyaprabha, 2022; Weber, et al., 2022).
2.1.6 Transactional Leadership Style
The transactional leadership styleentails the interchange process that results in the compliance of employees or subordinates. Though the leader made the request, it is unlikely to inspire excitement for or devotion to the mission’s goal and concentrates on having internal players complete the necessary duties to enter the organization’s desired outcomes (Idowu, 2019). Transactional leaders exhibit behaviours related to both corrective and constructive aspects where the constructive behaviour style is labelled contingent reward and the corrective style is labelled management by exception (Chang, 2019). Managers in this leadership style fulfil their obligations solely by creating good working conditions, without paying attention to meeting objectives or goals (Daniels et. al., 2019). Transactional leader work according to the principle of good performance and the employee will receive a sufficient reward (Aun, et al., 2019). The transactional leadership style involves an exchange relationship between managers and employees in the direction of establishing goals thereby clarifying the role and task required (Udovita, 2020). Transactional leaders focus mainly on maintaining the status quo and they are oriented to enhance the present way of doing things (Wahyuni, et al., 2020). Therefore, the transactional leadership style is the process whereby leaders can entice subordinates to perform and thereby achieve desired outcomes by promising rewards and benefits for the accomplishments of tasks and administering punishments when the task is not well accomplished (Kabiru & Bula, 2020; Holbert, et al., 2021).
AUTOCRATIC LEADERSHIP STYLE
DEMOCRATIC LEADERSHIP STYLE
TRANSFORMATIONAL LEADERSHIP STYLE
TRANSACTIONAL LEADERSHIP STYLE
EMPLOYEES’ PERFORMANCE
LEADERSHIP STYLE
2.4 Conceptual Framework
Figure 2.1: Conceptual Framework of the Study
(Researchers Computation, 2024)
Based on the review of available literature, a conceptual framework is shown in Figure 2.1. The focus of the framework is to investigate the relationship between leadership style and employees’ performance. Where leadership style is the independent variable which is measured with autocratic leadership style, democratic leadership style, transformational leadership style and transactional leadership style while the dependent variable is employees’ performance.
2.5 Theoretical Review
2.5.1 Transformational Leadership Theory
This theory (also known as relationship theory) focuses on the connections formed between leaders and followers (Bass & Avolio, 2000). This theory is premised on a leadership style that inspires followers to improve performance by focusing on the wants and needs of the organization as well as the personal concerns of its members (Munir & Aboidullah, 2018). Leadership effectiveness under this theory is dependent on individualized consideration, intellectual stimulation, inspirational motivation and idealized influence (Ewell, 2018; Getachew & Erhua, 2018). Idealized influence refers to when transformational leaders act as role models to their subordinates such that the followers identify themselves with a high level of morale and enthusiasm to fulfil the demands of leader whom they respect, admire and trust (Bass & Avolio, 2000). Leaders using this approach can motivate others, to want to change, improve and be led (Hall, 2002; Ewell, 2018) and possess high ethical and moral standards (Getachew & Erhua, 2018),
2.5.2 Path-Goal Theory
The path-goal theory was developed by Martin Evans in his 1970 paper, “The Effects of Supervisory Behaviour on the Path-Goal Relationship” and was refined by Robert House in his 1971 paper, “A Path-Goal Theory of Leader Effectiveness”. The theory is based on specifying a leader’s style or behaviour that best fits the employee and work environment to achieve a goal (Malik, 2013). Also, this theory can be explained as a leadership style whereby a leader exhibits certain contextual behaviours that align the follower’s goals with the organization’s goals and direct the followers to choose the best paths to achieve these goals (Malik, 2013). The goal of this leadership style is the improvement of employee productivity by focusing on employee satisfaction and motivation (House, 2015). The Path-Goal leadership theory is based on the Vroom expectancy theory in which an individual will act in a certain way based on the expectation that the act will be followed by a given outcome and on the attractiveness of that outcome to the individual (Ghiasi & Limoni, 2015). The Path-Goal theory posits that leaders may not only use varying behaviours with different subordinates but might use different behaviours with the same subordinates in different situations (Rego et al., 2012; Malik, 2013).
In relating this theory with leadership style, leaders that lead utilizing a Path-Goal leadership style reward and encourage their followers for goal achievement and also provide their followers with the necessary direction, clarity and assistance with the elimination of obstacles for them to attain their goals (Malik, 2013). House (2015) identified four leadership styles namely directive, supportive, participative and achievement-orientated leadership (Ewell, 2018). The directive leader is a type of leader that schedules the tasks of the followers and directive leaders also provide guidance to the followers and let them know exactly what is expected from them (Rohman et al., 2018). Achievement-oriented leaders expect their followers to perform at their highest level by setting goals for them to reach (House, 2015). Supportive leaders aim to show concern for the needs of the followers by employing friendly interaction and participative leaders use collective decision-making by consulting the followers and using their suggestions before making any decisions (Priyashantha, 2016). The theory posits that leaders may use different behaviours with subordinates in a similar situation and or employ varying behaviours with the same subordinate in different situations and this theory suggests that depending upon subordinates, and situations, different leadership behaviours will increase acceptance of leader by subordinates, level of satisfaction and motivation to improved performance (Ghiasi & Limoni, 2015).
2.6 Empirical Review
Clinton and Ogbor (2021) examined the impact of a strategic leadership approach on organizational performance. The findings reveal that democratic and laissez-faire leadership styles have a significant relationship with the performances of staff while the autocratic leadership style has no significant relationship with the performances of staff of GTB in Asaba. Anyaegbunam and Anekwe (2021) examined the effects of leadership styles on employee performance with particular reference to Life Breweries Plc, Onitsha. The study revealed among others that there is a positive and significant relationship between the leadership style in the organization and employees’ performance. Nwagbala, et al. (2021) examined the relationship that exists between transformational leadership style and participatory leadership style on employee performance in Stanel World, Awka, Anambra State. The findings were that there is a significant relationship between leadership style and employee performance by showing a positive relationship between participative leadership style and employee while showing a positive relationship between transformational leadership style and job satisfaction. Adegboye and Awolusi (2021) examined the effect of leadership style on employee productivity in the Nigerian oil and gas industry using Chevron Nigeria Limited as a case study. Results of the descriptive and regression analysis indicate that the autocratic leadership style is the most predominant in the Nigerian Oil and Gas followed by laissez-faire, bureaucratic, transactional, democratic and charismatic leadership styles. Udin (2021) provides new insights into uncovering the black box related to the relationship between transformational leadership and employee performance. Using a literature review from various previous studies in the last five years (2017-2021), the result of this study justifies that transformational leadership, in various organizational settings and sizes, has a significant effect on employee performance. Iman, et al. (2021) explained the influence of leadership and work motivation on employee performance at private universities within the province of Southeast Sulawesi which is mediated by knowledge-sharing behaviour. A survey approach and explanatory research method were used. The results obtained showed that leadership has a positive and significant effect on employee performance and knowledge-sharing behaviour. Negash, (2021) examined the effect of leadership styles such as transformational, transactional, laissez-faire, democratic and autocratic on employees’ performance at Debre Berhan wood processing PLC. Descriptive and explanatory research designs were applied to cross-sectional data collected from 202 sample respondents. Results revealed that transformational leadership exerted the highest positive influence on employee performance followed by democratic, transactional, and laissez-faire leadership styles respectively, while autocratic leadership style had a negative significant effect on employee performance. Amegayibor (2021) explored the association between leadership styles and employee performance in a family-owned manufacturing business. A quantitative approach and a correlational design were adopted with a census technique of sampling 400 employees, an interview schedule, multiple linear regression, and SPSS 16.0 version were carried out for analysis. The results revealed that autocratic, charismatic, and paternalistic leadership styles influence employees’ performance. Also, autocratic, charismatic and visionary leadership styles influence error reduction. Furthermore, paternalistic and visionary leadership styles influence employees’ quality of work. Osano (2022) investigated the influence of leadership style on employee performance in Kenya. A descriptive design and survey design were adopted for the study. The result indicated that the transformational leadership style influences employee performance, the transactional leadership style showed that it has a positive and significant influence on employee performance, the participatory leadership style influences employee performance and the autocratic leadership style influences employee performance. Wase and Jeyaprabha (2022) assessed the practices of leadership styles that influence employees’ job performance. The results of the research were mixed which revealed positive results and negative results. The result of the analysis carried out showed that transformational and servant leadership behaviours positively and significantly influence employees’ performance at the workplace. While autocratic and transactional leadership behaviours are not significant in influencing employees’ performance. Khudhair, et al. (2022) identified the impact of leadership style on employee performance using a sample size of 100 from one private organization in Selangor, Malaysia conducted with a convenience sampling technique. From the result, regression coefficient analysis shows that there is a significant and positive impact of democratic and laissez-faire leadership styles on employee performance. While autocratic leadership style shows a negative significant impact on employee performance. Imam and Sopiah (2022) explored a systematic literature review on the influence of leadership style on employee performance. The results of the study revealed that the leadership style of a leader is to solve the problem by approaching each employee to build an emotional approach so that the relationship between leaders and employees can run well.
Onwuegbuna (2022) examined the impact of the democratic leadership style on employees’
performance in selected private universities in Ota, Ogun State, Nigeria. The findings show that the democratic leadership style has an impact on employees’ performance in Nigerian private universities. Akpoyibo (2022) investigated leadership style and employees’ performance in the Nigerian banking industry with particular reference to GTB Plc. Survey design was carried out using both primary and secondary sources. It was resulted that the staff of GTB are familiar with different leadership styles of which several are practiced by management towards employees and that the leadership styles practiced at GTB include the participatory style, democratic as well as the charismatic leadership style that the team leaders GTB create a conducive work environment which that helps employees do their jobs also, that the management of GTB provides sufficient assistance to employees who go through hard times and that the type of leadership style adopted by top management at GTB motivates employees in performing their jobs.
2.7 Research Gap
Most studies have been carried out as regards leadership style and employees’ performance in developed countries but in Africa especially Nigeria studies carried out are mostly in the area of banking, and manufacturing companies but research carried out in Nigeria on tertiary institutions is not much. Though, most researchers have worked on leadership style and employees performance in Nigeria such as Ajibade, et al. (2017); Orji, et al. (2017); Kalu and Okpokwasili (2018); Ekpenyong (2020); Amusa, et al. (2020); Nwagbala, et al. (2021); Adegboyega and Awolusi (2021); Akpoyibo (2022) and Onwuegbuna (2022). But few researchers have been able to work on tertiary institutions in Nigeria recently such few scholars are Yusuf-Habeeb and Yusuf (2017); Odunlami, et al. (2017); Kalu and Okpokwasili (2018); Idowu (2019); Manza, et al. (2020); Onwuegbuna (2022). It was observed that these researchers mainly used transformational, transactional, charismatic, participatory, and laissez-faire as components of leadership style while autocratic, and democratic amongst others were not used in measuring leadership style and employees’ performance of tertiary institutions in Nigeria. Another aspect is the methodology where the questionnaire was not measured based on a multi-factor leadership questionnaire. Therefore, this study made use of this scaling factor by Bass (1995) and Yousef (2000) scale of measuring employee performance. Also, the study emphasized an understanding of leadership style the underlying factors, issues and influence on employees’ performance at tertiary institutions in Ibadan, Oyo State, Nigeria.
3.0 METHODOLOGY
This study makes use of a cross-sectional survey research design to investigate the relationship between leadership style and employees’ performance at private tertiary institutions in Ibadan, Oyo state. The main reason for this survey was to gather the proper information to provide insight into leadership style and employees’ performance of private tertiary institutions in Ibadan, Oyo State, Nigeria. This study focused on Lead City University because it is one of the largest, most populated and most well-known private universities in Ibadan amongst other private universities. The population of this study consists of a staff of Lead City University in Ibadan, Oyo State, Nigeria. The total population for this study is 585 (five hundred and eighty-five). Table 3.1 illustrates the selected outcome alongside the number of staff of both academic and non-academic staff of the school.
3.1: Distribution of staff of selected branches
S/N
ITEM
NUMBER OF STAFF
1
Academic Staff
347
2
Non-Academic Staff
238
TOTAL
585
Source: Field Survey, 2023
The sample size for this study was approximately 238 using the Slovin’s formula which is illustrated below.
3.1 Reliability of Instrument
Table 1: Alpha Test for Reliability, Consistency and Validation
The table above shows Cronbach Alpha test for reliability, consistency and validity of the study instrument which is the questionnaire. The minimum acceptable value for Cronbach’s alpha is 0.50; Below this value the internal consistency of the common range is low. Meanwhile, the maximum expected value is 0.90; Above this value is perceived as redundancy or duplication. Alpha values between 0.55 and 0.90 is usually preferred. In this study, the Cronbach Alpha test results as seen from the table above shows a value of 0.61 which makes the instrument for this study reliable and valid.
3.2 Method of Data Analysis
The method of data analysis was of two parts. The first part consists of the frequencies, means and percentages which were used to describe the characteristics of the sample. The second part was the regression analysis used to infer meaning about the entire population from the sample findings. Also, analysis of variances, model summaries and regression coefficients were used to describe the characteristics of the population of study while STATA version 14 and Microsoft Excel were used as the principal data analysis tools.
3.3 Model of Specification
This comprises the elements used in measuring the independent variable (Leadership Style) which are Autocratic Leadership Style (AULS), Democratic Leadership Style (DELS), Transformational Leadership Style (TFLS) and Transactional Leadership Style (TSLS) on the dependent variable which is employees’ performance.
The model for the study is functionally stated below:
β1 – β3 > 0 = Coefficient of AULS, DELS, TFLS and TSLS
Ɛⅈ = Error term
ⅈ = Samples of Lead City University Ibadan, Oyo State, Nigeria.
The a priori expectation for this study is stated:
β1, β2, β3, β4 > 0, the reason is that the variables used here are a process dimension
4.0 Data Presentation and Analysis
Particularly, a total of 240 questionnaire were sent out to the respondents for data generation as shown in the table below:
Table 1: Analysis of Questionnaire
Questionnaires
Copies
Percentage
Retrieved
205
85%
Un-retrieved
35
15%
Sent copies
240
100%
Source: Author Compilation from field work, 2024
The result from the analysis of the retrieved questionnaire shows that out of the 240 questionnaire that were sent, 205 of them were retrieved. This represented 85% of the total questionnaire sent and this was the number that was used for analysis in the subsequent sections that will follow. 35 of the questionnaires could not be retrieved, representing 15% which is not significant.
4.1 Data Analysis
Correlation Analysis
In examining the association among the variables, we employed the Spearman Rank Correlation Coefficient (correlation matrix), and the results are presented in the table below.
Table 4.7: Correlation analysis
| ep auls dels tfls tsls
————-+———————————————
ep | 1.0000
auls | 0.1418 1.0000
dels | 0.5966 0.0306 1.0000
tfls | 0.6561 0.2370 0.4046 1.0000
tsls | -0.0431 -0.0089 -0.0701 0.0144 1.0000
Author’s computation (2024)
In the case of the correlation between leadership styles and employee performance, the above results show that there exists a positive and weak association between autocratic leadership style and employee performance (0.1418). There exists a positive and moderate association between democratic leadership style and employee performance (0.5966). There exists a positive and high association between transformative leadership style and employee performance (0.6561). There exists a negative and weak association between transactional leadership style and employee performance (-0.0431). However, to test our hypotheses a regression results will be needed since correlation test does not capture cause-effect relationship.
Regression Analysis
Particularly, to examine the cause-effect relationships between the dependent variables and independent variables as well as to test the formulated hypotheses, we used a robust regression analysis since our results reveal the presence of heteroskedasticity. The robust regression and the OLS results obtained is presented and discussed below.
Table 2: Regression Result
EP Model(OLS)
EP Model(Robust Regression)
CON
0.42{0.549}
0.86{0.239}
AULS
0.10{0.452}
0.18{0.216}
DELS
0.44{0.000} ***
0.40{0.000} ***
TFLS
0.50{0.000} ***
0.44{0.000} ***
TSLS
-0.01{0.945}
-0.09{0.536}
F-statistics Wald Statistics
20.32 (0.00) ***
14.95 (0.00) ***
R- Squared
0.53
0.53
VIF Test
1.14
Heteroscedasticity Test
5.62 (0.0177) **
Note: (1) bracket {} are p-values
(2) **, ***, implies statistical significance at 5% and 1% levels respectively
In the table above, we observed from the OLS pooled regression that the R-squared value of 0.53 shows that about 53% of the systematic variations in employee performance for the period of interest was jointly explained by the independent variables in the model. This implies that employee performance cannot be 100 percent explained by the leadership style variables. The unexplained part of employee performance can be attributed to the exclusion of other independent variables that can impact on employee performance but were excluded because they are outside the scope of this study. However, there are captured in the error term. The F-statistic value of 20.32 and its associated P-value of 0.00 shows that the OLS regression model on the overall is statistically significant at 1% level, this means that the regression model is valid and can be used for statistical inference.
Test of Hypotheses
Following the above, the discussion of the robust regression results became imperative in testing our hypotheses. The below is a specific analysis for each of the independent variables using the robust regression for the models.
Hypotheses 1: There is no significant impact of autocratic leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo State.
The results obtained from the robust regression reveals that the variable of autocratic leadership {0.18 (0.216)} as an independent variable to employee performance appears to have a positive insignificant impact on employee performance. This therefore means we should accept the null hypothesis and reject the alternate hypothesis. Hence, there is no significant impact of autocratic leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo State. This implies that autocratic leadership style insignificantly improves employees’ performance at private tertiary institutions in Ibadan, Oyo State during the period under study.
Hypotheses 2: There is no significant influence of democratic leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo State.
The results obtained from the robust regression reveals that the variable of democratic leadership style {0.40 (0.000)} as an independent variable to employee performance appears to have a positive significant influence on employee performance. This therefore means we should reject the null hypothesis and accept the alternate hypothesis. Hence, there is no significant influence of democratic leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo state. This implies that democratic leadership style significantly improves employees’ performance at private tertiary institutions in Ibadan, Oyo state during the period under study.
Hypotheses 3: Transformational leadership style has no relationship with employees’ performance at private tertiary institutions in Ibadan, Oyo State.
The results obtained from the robust regression reveals that the variable of transformational leadership style {0.44 (0.000)} as an independent variable to employee performance appears to have a positive significant impact on employee performance. This therefore means we should reject the null hypothesis and accept the alternate hypothesis. Hence, transformational leadership style has no relationship with employees’ performance at private tertiary institutions in Ibadan, Oyo State. This implies that transformational leadership style significantly improves employees’ performance at private tertiary institutions in Ibadan, Oyo State during the period under study.
Hypotheses 4: There is no significant impact of transactional leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo State.
The results obtained from the robust regression reveals that the variable of transactional leadership style {-0.09 (0.536)} as an independent variable to employee performance appears to have a negative insignificant effect on employee performance. This therefore means we should accept the null hypothesis and reject the alternate hypothesis. Hence, there is no significant relationship of transactional leadership style on employees’ performance at private tertiary institutions in Ibadan, Oyo State. This implies that transactional leadership style insignificantly decreases employees’ performance at private tertiary institutions in Ibadan, Oyo State during the period under study.
5.0 CONCLUSION AND RECOMMENDATIONS
The managing style of a leader is essential to the success of teamwork which leads to organizational growth. In many cases, leaders are not aware of the essential wants and needs of their employees or subordinates, or they fail to understand the difference between the individuals involved in the team. A successful organization is a reflection of excellent leadership. Hence, we investigate the relationship between leadership styles on employees’ performance in private tertiary institutions in Ibadan, Oyo State. Based on the findings of the study, we conclude that autocratic leadership style insignificantly improves employees’ performance at private tertiary institutions in Ibadan, Oyo State during the period under study. However, we also conclude that democratic leadership and transformation leadership style significantly improves employees’ performance at private tertiary institutions in Ibadan, Oyo State during the period under study. Finally, we conclude that transactional leadership style insignificantly decreases employees’ performance at private tertiary institutions in Ibadan, Oyo State during the period under study.
5.3 Recommendations
This study has sufficiently established different positions on the impact of leadership styles on employees’ performance in private tertiary institutions in Ibadan, Oyo state. Based on the findings of this study, we carefully recommend that:
Transformational leaders as well as democratic set of leaders have the capacity and needed skills to solve problems, transform the organization and take the organization to greater heights to achieve better results for the organization.
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Mobile technology has indeed transformed the way businesses operate. Among the most basic features are streamlining processes, improving communication, and enabling employees to work from anywhere. One key area that mobile tech has revolutionised is document management. With this development, businesses are now able to store, access, and manage important files on the go.
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Abstract— This paper explores the role of transformational leadership in driving innovations and modernization efforts within organizations. By synthesizing empirical research from the past two decades, we examine the key components of transformational leadership and their impact on organizational change, innovation processes, and modernization initiatives. The findings highlight the significant influence of transformational leadership on fostering a culture of innovation, enhancing employee creativity, and facilitating successful organizational transformations.
In an era of rapid technological advancements and global competition, organizations face the constant challenge of innovation and modernization. Transformational leadership has emerged as a critical factor in navigating these challenges successfully. This leadership style, characterized by idealized influence, inspirational motivation, intellectual stimulation, and individualized consideration [1], has been shown to play a pivotal role in driving organizational change and fostering innovation.
This paper aims to synthesize empirical research on transformational leadership and its impact on innovation and modernization efforts. By examining recent studies and meta-analyses, we seek to provide a comprehensive understanding of how transformational leaders influence organizational outcomes in the context of innovation and change.
II. Transformational Leadership: Theoretical FRAMEWORK
Transformational leadership theory, first introduced by Burns and further developed by Bass, posits that leaders can inspire and motivate followers to achieve extraordinary outcomes [2]. Bass and Avolio expanded on this concept, identifying four key components of transformational leadership [3]:
1. Idealized Influence:
Leaders serve as role models, earning respect and trust from followers.
2. Inspirational Motivation:
Leaders articulate a compelling vision and inspire enthusiasm for shared goals.
3. Intellectual Stimulation:
Leaders encourage creativity and innovation by challenging assumptions and seeking new ideas.
4. Individualized Consideration:
Leaders attend to individual needs and provide support for personal growth.
These components form the foundation for understanding how transformational leaders drive innovation and modernization within their organizations.
Fig.1. Transformational Leadership in Innovation & Modernization
III. Transformational Leadership & INNOVATION
Empirical research has consistently demonstrated a positive relationship between transformational leadership and innovation. A meta-analysis by Deng et al. found that transformational leadership significantly predicts individual and team-level innovation performance [4]. The study revealed that transformational leaders foster innovation by:
· Creating a supportive climate for creativity and risk-taking
· Encouraging divergent thinking and challenging the status quo
· Providing resources and support for innovative projects
· Recognizing and rewarding innovative efforts
These findings are supported by Greimel et al., who examined the role of transformational leadership in virtual teams [5]. Their integrative literature review highlighted that transformational leaders effectively promote innovation in digital environments by leveraging technology to inspire, stimulate, and support team members.
IV. Transformational Leadership in Modernization Efforts
Modernization efforts often involve significant organizational changes and the adoption of new technologies. Schmitz et al. investigated the impact of transformational leadership on technology integration in schools [6]. Their study revealed that transformational leaders:
· Empower teachers to use technology in more demanding ways
· Create a shared vision for technology integration
· Provide individualized support to address teachers’ concerns and needs
· Foster a culture of continuous learning and experimentation
These findings underscore the importance of transformational leadership in guiding organizations through complex modernization processes.
VI. Empirical Evidence from Recent Studies
Recent empirical research has provided additional insights into the relationship between transformational leadership and innovation in various contexts:
Tegor et al. found that transformational leadership positively influences organizational competitiveness by enhancing employee skills and fostering innovation [9].
Ystaas et al. conducted a systematic review in the healthcare sector, revealing that transformational leadership improves patient outcomes by promoting innovative practices and creating a supportive work environment [10].
Kilag et al. demonstrated the positive impact of transformational leadership on educational innovation, highlighting its role in driving curriculum reforms and teaching methodologies [11].
Pratiwi and Amini showed that transformational leadership enhances lecturer involvement in higher education institutions, leading to increased innovation in teaching and research [12].
Asbari found that transformational leadership, combined with organizational structure and learning culture, significantly enhances school innovation capacity [13].
These studies collectively reinforce the crucial role of transformational leadership in driving innovation across various sectors and organizational types.
VII. Challenges and Future Directions
While the positive impact of transformational leadership on innovation and modernization is well-established, several challenges and areas for future research remain:
Contextual Factors:
Lawrason et al. highlighted the need for more research on how contextual factors influence the effectiveness of transformational leadership development programs [14].
Virtual Environments:
Greimel et al. called for further investigation into the unique challenges and opportunities of transformational leadership in virtual teams [5].
Cross-cultural Applicability:
More research is needed to examine the effectiveness of transformational leadership across different cultural contexts [2].
Long-term Effects:
Longitudinal studies are required to assess the sustained impact of transformational leadership on innovation and modernization efforts over time.
Integration with Other Leadership Styles:
Future research should explore how transformational leadership can be effectively combined with other leadership approaches to maximize innovation outcomes [15].
VIII. CONCLUSION
This review of empirical research demonstrates the significant role of transformational leadership in driving innovations and modernization efforts. By inspiring followers, fostering creativity, and creating a supportive environment for change, transformational leaders are uniquely positioned to guide organizations through the challenges of innovation and modernization. As organizations continue to face rapid technological advancements and global competition, the principles of transformational leadership offer a valuable framework for leaders seeking to drive positive change and innovation within their organizations.
Acknowledgment
I would like to express my deepest gratitude to the researchers, scholars, practitioners, and experts whose invaluable contributions have laid the foundation for this research. Your dedication, insights, and pioneering work have been instrumental in shaping the understanding and knowledge within this field. Without your relentless pursuit of excellence, this research would not have been possible. Thank you for your commitment to advancing the boundaries of knowledge, which continues to inspire and guide future endeavors.
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Dr. Raj Vayyavur (Senior, IEEE) is a distinguished transformation expert, practitioner, and leader in the IT field with over two decades of experience. He currently serves as the Director of Enterprise Architecture at Public Consulting Group (PCG). His comprehensive expertise spans Enterprise Architecture (EA), Artificial Intelligence (AI), Project Portfolio Management, Software Engineering, IT Management & Governance, and more. Dr. Vayyavur is renowned for his strategic vision, deep technological expertise, and strong business acumen, which he uses to lead transformative initiatives that align IT strategies with business objectives, driving organizational success and delivering measurable outcomes.
A prolific author, Dr. Vayyavur has published numerous research papers on technology, enterprise architecture, and project portfolio management, solidifying his position as a thought leader in the field. His work has been featured in leading journals and conferences, offering actionable insights and bridging the gap between theory and practice. He frequently speaks at prestigious forums, including IEEE conferences, where he shares his insights on the latest trends in technology and enterprise architecture.
Holding advanced degrees in Computer Science, Business Administration, an MBA, and a Doctorate, Dr. Vayyavur is committed to continuous learning and staying at the forefront of industry developments. His active participation in the IEEE and PMI communities, where he serves as a senior member, reviewer, judge, and chair for various committees, further reflects his dedication to advancing the field.
Through his visionary leadership, Dr. Vayyavur has set new standards for technology management, earning recognition as a sought-after transformation expert known for driving innovation and excellence in every project he leads.
As you know, management involves getting work done through the people and by virtue of their positions, managers can issue orders and instructions to their subordinates to get the work done, but it is also necessary to ensure that subordinates put in their maximum effort in performing their tasks and hence managers have to regulate and influence the subordinates behaviour and conduct at work and it is through the leadership role of managers that employees may be induced to perform their duties properly and maintain harmony in group activities. A manager, having formal authority, can direct and guide his subordinates and command their obedience by virtue of his positional power but as a leader, a manager can influence work behaviour by means of his leadership ability to get the cooperation of all members of the group. Leadership may be defined as a process of influencing group activities towards the achievement of certain goals. Thus, the leader is a person in a group who is capable of influencing the group to work willingly and he guides and directs other people and provides purpose and direction to their efforts and according to eminent writers Hodge and Johnson Leadership is “ Leadership is the ability to shape the attitude and behaviour of others whether in formal or informal situations” and According to Livingston Leadership is “ Leadership is the ability to awaken in others the desires to follow a common objective”.
CHARACTERISTICS OF LEADERSHIP
Managerial leadership mainly possess the following characteristics:
Leadership is needed in all walks of life, such as economical, social, political and industrial spheres.
It is the duty of the leader to maintain proper discipline among his subordinates.
It is a continuous process whereby the manager influences, guides and directs the behaviour of subordinates.
A true leader is responsible for including encouragement and confidence among employees of any organization.
The success of a manager as a leader depends on the acceptance of his leadership by the subordinates.
The manager-leader is able to influence his subordinate’s behaviour at work due to the quality of his own behaviour as a leader.
The leader leads his group with authority and confidence.
The leader establishes the relationship between an individual and a group around some common interest.
A true creates a bond of friendship between organization and subordinates.
Leadership helps others in choosing and attaining specified goals to the maximum satisfaction of both the leader and the follower.
SOME IMPORTANT QUALITIES OF LEADERSHIP
1. Knowledge and intelligence
A leader, to be effective, must have knowledge of group behaviour, human nature and activities involving technical and professional competence. He must have an intelligent perception of human psychology and the ability to think clearly and argue cogently on points of dispute.
2. Integrity and Honesty
A leader should possess a high level of integrity and honesty and he should be a role model regarding ethics and values.
3. Motivation Skills
A leader should be an effective motivator and he should understand the needs of the people and motivate them through satisfying their needs.
4. Self-confidence
Confidence about one’s leadership ability makes it possible for a leader to analyse and face different situations and adopt a suitable style and Lack of self-confidence often prevents managers to adopt a participative style and repose trust in their subordinates.
The term motivation is derived from the word motive and motives are expressions of a person’s needs and hence they are personal and internal and in this context, the term need should not be associated with urgency or nay pressing desire for something and it simply means something within an individual that prompts him to action and motives or needs are ‘whys’ of behaviour and they start and maintain activity and determine the general direction of the person and motives give direction to human behaviour because they are directed towards certain goals which may be conscious or sub-conscious. Motives are directed towards the achievement of certain goals which in turn determine the behaviour of individuals and this behaviour ultimately leads to goal-directed activities such as preparing food and a goal activity such as eating food and in other words, unsatisfying needs result in tension with an individual and engage him in search of the way to relieve this tension.
INTERRELATED TERMS
While discussing motivation, we need to understand three interrelated terms- Motive, Motivation, and Motivators.
1. Motive- A motive is an inner state or desire which energies an individual to move o to behave towards the achievement of goal and motive arises out of needs of an individual and it causes restlessness as he wants to fulfil his motive.
2. Motivation- It is a process of inducing people to perform to their best ability to accomplish a goal and it is a psychological phenomenon which arises from the feeling of needs and wants of individuals and it causes a goal-directed behaviour.
3. Motivators- Motivators are the incentives or techniques used to motivate the people in an organization and common motivators used by the mangers are increment, bonus, promotion, recognition, respect etc.
Motivations may be defined as the complex of forces inspiring a person at work to intensify his willingness to use his maximum capability for the achievement of certain objectives. According to Koontz and O’Donnell“ Motivation is a general term applying to the entire class of drivers, desires, needs, wishes and similar forces and to say that managers motivate their subordinates is to say that they do those things which they hope will satisfy drives and desires and induce the subordinates to act in the desired manner”
FEATURES OF MOTIVATION
1. Motivation is an internal Feeling/ instinct
Motivation is a psychological phenomenon which generates from within an individual and needs are the feelings arising in the mind of a person that he lacks certain things and such feelings affect the behaviour of that individual and causes him to do work and hence, motivation is the process of making an individual feel his needs.
2. Motivation produces goal-directed behaviour
Motivation is a power which leads the employees to the achievement of their goal and the behaviour of the motivated employees clearly shows that they are inclined towards the achievement of their goal.
3. Motivation can either be positive or negative
Positive motivation provides positive rewards like an increase in pay. Promotion, recognition etc. Negative motivation uses negative means like punishment, stopping increments, threatening etc., which also may induce a person to act in the desired way.
Supervision is an important aspect of the directing function and it involves the managerial task of observing the subordinates at work to ensure that they are working according to plans and policies of the organization, keeping the time schedule and supervision also includes helping subordinates to resolve their work problems. Managers at all level are in direct contact with subordinates and oversee their work performance and the top management supervises the work of middle-level managers, who in turn supervise the first-line managers or supervisors and the first-line managers are in direct contact with the operatives and thus, all levels of management are generally engaged in supervising the work of their immediate subordinates. According to R.C. Davis “Supervision is the function of assuring that the work is being done in accordance with the plan and instructions”. Supervision includes the following three elements:
Commanding
Guiding
Controlling
This is the reason why, “Supervisors are known as a friend, philosopher, and Guide of workers”.
ROLE OF SUPERVISORS
Supervision has special importance only at the lower management level and the question which is now required to be discussed is to what role does a person working at the managerial level, the supervisor play in the organization.
1. Supervisor as a key man
In every organization, the work of putting the plans into action is done by non-managerial staff who works under the guidance of a supervisor but however, at this level, even a little carelessness may cause the closure of the organization and that is why the supervision is referred to as the key man in the organization.
2. Supervision as a middle man
In the organization, the supervisor plays the role of a middle man and he acts as a link between the higher-level managers and him workers, and his main job is to prepare a co-operative atmosphere among the two parties in order to facilitate the achievement of the goal of the organization.
3. Supervisor as a human relation specialist
A supervisor is likely to face a number of problems related to human behavior, for which one has to try and find out solutions and he can do so only if he is a human relation specialist.
FUNCTIONS OF SUPERVISOR
1. Planning the work or schedule activity
The supervisor is a low-level manager and he is required to study and analyze the work of his department and decide what, where, which, why, and by whom the work is to be performed. He has to chalk out daily and weekly program and he has also to arrange the raw materials, machines, tools, and equipment and the successful supervisor is an efficient planner.
2. Achieving the target
It is the most important duty of the supervisor to achieve the target prescribed for his department by the management and this can be achieved if the supervisor enables the best possible use of the available resources of the department towards the desired goal.
3. Enbaling standardized output through instruction and guidance
It is the supervisor, who ensures that the actual performance corresponds to the norms and standards laid by the management and the supervisor must satisfy himself as to the quality of the output and he should concentrate on both quality and quantity of goods.
Staffing may be defined as the managerial function of employing and developing human resources for carrying out the various managerial and non-managerial activities in an organization. The function is concerned with attracting, acquiring and activating the human resources for achieving organizational goals and staffing also involves upgrading the quality and usefulness of members of the organization with a view to getting higher performance from them and in other words the policy of selecting ‘right man for the right job’ should be adopted. The staffing function includes such activities as manpower or human resource planning, recruitment, selection, placement, training and development, remuneration, performance appraisal, promotion, transfers, and so on. Staffing is a continuous function of managers and this is because the organization’s need to retain and maintain its personnel is a need ending process and managers have to keep a regular watch on the size and composition of personnel needed by the organization. As said by Weihrich and Koontz “The managerial function of staffing involves the filling and keeping filled, positions in the organizational structure”.
NATURE OF STAFFING
Staffing is related to people not with goods and it is a human factor related to people and staffing is also influenced by the social, economical, political, and educational environment of the country. Speaking, staffing is a function of far-reaching consequences and the reason is that managers are not shown as an asset in the balance-sheet of the organization whatsoever money we may have to spend on their selection, education, training and development and hence, we may conclude that staffing is a function of a for reaching consequences. According to Theo Haimann “Staffing is also a liability of the management like its other functions which is to be done by a manager continuously”. Recruitment, selection, training, and development of employees is a continuous process and with the increase in the size of the organization, continuity in staffing also increases. Staffing is influenced by the internal and external environment of the organization and the internal environment includes policies regarding promotion, retirement, etc., while the external environment includes the social, economic, political, and educational environment of the country and speaking both internal and external effect the staffing function.
In management selection, training, development, and evaluation of manpower are interlinked and hence convert staffing into a system and it is treated as a sub-system of management system because it is linked with organizational structure. Staffing is done not only to fulfill the present vacancies but also to fulfill the future vacancies and here we have to forecast the number and type of vacancies in near future and the level of the educated and trained people required for fulfilling these vacancies and arrange for the fulfillment, education, and training for these vacancies in advance. Staffing is not a phase of organizing but a separate managerial function and staffing is the responsibility of the managers. Staffing helps in determining and securing qualified and capable personnel for various jobs and it places round pegs in round holes and square pegs in square holes and it aims at economical and better employee performance.
This is the first step in planning your budget. The reasons could be you want to minimize your spending habits or you have a debt repayment plan and to be debt-free or want to save for any of your long term goals. This step is very necessary because without deciding the purpose of your financial budgeting you can’t plan a proper budget.
Priorities setting
After deciding your whys you need to set your priorities according to your priorities. It is about finding out what’s important to you then controlling the habits of spending and saving to achieve the “why”. These include your long term and short term goals and syncing them in the order of your priorities. Like you are going to marry soon so you want to buy a house in the future or if there is a couple who wants to plan their children’s higher education expenses, so priorities should be decided at this level.
Track your spending habits
This is the most important step while planning a budget. Spending habits as if you are spending on the unnecessary things in your life. Check your monthly expenses yearly expenses and try to figure out which is unnecessary for you and cut out them.
Choosing the method
with the 50/30/20 rule, 50 % of your take-home pay goes towards your needs. 30% should go towards your wants or discretionary income. Remaining 20% of your take-home pay should go to your savings. for example, if your income is 50000 then 25000 should go towards your need like housing utility, insurance, groceries. 15000 should go towards your wants and the remaining 10000 should go towards your savings.
There are various methods of budgeting like zero-sum budget, anti budget, money flow, etc. Find out which one is best for your according to your spending and priorities.
live with your Budget
There is no use of the method you have decided if you don’t implement it in your life. create a spreadsheet use pen and paper for creating the spreadsheet or you can use many digital tools that are available online for the same like Mint, Clarity money, Tiller money, You need a budget, Digit, Qapital, etc.
Updating the Budget regularly
Review, Revise, Improve There is no rule for improving your budget. It is up to you your personal satisfaction with your spending habit. You pick up a budget applied and then not satisfied with the can savings then you can revise your budget again make it do some improvements accordingly again apply and see the result. Here are a few helpful things to keep in mind while updating the budget- Slash expenses- If in your budget you are finding yourself overspending then see where you can cut those expenses.
Create seasonal budgeting-
Besides the main budget, a seasonal budget for holiday and summer season should also be maintained.
Link existing habits with new ones-
If you have added some more new spending habits then link that with your existing ones.
Set dates to review and tweak-
You should always review your budget whether you are happy with it or not.
Get help if you need–
MMI offers free budget counseling to anyone struggling with the management of the budget.
Entrepreneurship is an activity which is done by a person to bring out the social change in the world, by innovative technologies, services, products, etc.
In a more formal definition, Entrepreneurship is the activity of setting up a business or businesses, taking on financial risk in the hope of profit.
Hence, entrepreneurship is an act by which a person became independent and lives a life on his/her terms and conditions. Entrepreneurship is about being your boss.
Who is an Entrepreneur?
An entrepreneur is a person who brings about changes for the betterment of society.
An entrepreneur is someone who sees the world from a different angle. An entrepreneur is a risk-bearer, organizer, and innovator.
Entrepreneur as a risk-bearer–
As a risk-bearer, an entrepreneur is the one who buys certain factors of production changes them into a product and sells them at uncertain prices in the future. There is uncertainty about the prices, which is not an ordinary risk that can be insured therefore the entrepreneur is a risk-bearer.
Entrepreneur as an organizer-
As an organizer entrepreneur combines the labor, land, capital other resources to make a product. After selling this product in the market and subtracting all the receipts which remained is the profit.
Entrepreneur as an innovator–
As an innovator entrepreneur is the one who introduces a product, a service or a technology in the existing one to improve the lives of the people.
Example of Entrepreneurs–
Every entrepreneur has a different vision to see the world to find out the best opportunity for them as well as for the improvement of society.
Many successful entrepreneurs influence the world in different ways because as every individual is different, every entrepreneur is different.
Steve Jobs will always be the most famous and successful entrepreneur in the world. He formed an apple computer company. Jobs’ inventions have been a boon in technology. He passed away with a net worth of over $8.3 billion.
Oprah Winfrey is one of the most successful lady entrepreneurs in the world. She is the richest African-American woman. Despite having a past full of thorns she never gave up in life. Now she owns a cable network company named OWN meaning Oprah Winfrey Network. She acquired the name “queen of all media”. She is the only multi-billionaire in American history possessing a net worth of 2.9 dollars.
Elon Musk, who doesn’t know about him. He is one of the most influential South African born American. He launched his first company Zip2 Corporation, in 1995 with his brother, Kimbal Musk and X.com in 1999 which later became PayPal. In 2002, he founded SpaceX which is a huge success.
These are some of the examples of the most influential entrepreneurs, who are trying to bring a revolution into the world.
Traits of the entrepreneurship–
• Creative thinking– creativity is an important characteristic of an entrepreneur. A creative mind thinks about new ideas. Instead of blaming the situation, they find a solution to a particular problem. They have amazing imagination power. They think that every product, service has a scope of improvement.
• Embrace changes– successful entrepreneurs are very flexible about the changes. They are always ready for the changes and take the advantages out of the situations.
• Hard work vs smart work– Entrepreneurs know when to work hard and when to work smart. They know that neither of the two can substitute each other.
• Use money wisely– Money management skills of the entrepreneurs should be very good. They should know where, when, how much to invest.
• Vision – successful entrepreneurs know everything about their business- why the organization exists, how a product or a service will bring a difference to the existing one, in which market is to be launched.
• Maintain the consistency– successful entrepreneurs are always consistent with their work. They know that success can’t be achieved overnight. They should not give up on the tough situations. There is a famous saying by an entrepreneur – “Tough times never last, but tough people do.”- Robert H. Schuller.