A STUDY ON THE EFFECTIVENESS OF TRANSACTIONAL AND TRANSFORMATIONAL STYLES OF LEADERSHIP

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The paper studies the transactional and transformational styles of leadership and established the effective style that influences organizational effectiveness. It aimed at exploring and elaborating the styles of leadership (Transactional and Transformational) for managing small and medium firms in Manipur during Covid 19 pandemic. The study adopts survey and interview techniques and 98 employees from 25 small and medium firms in Manipur, India are considered as sample. The data are analysed using ordinal regression and the spearman correlation coefficient. It has been found that 55% of leadership effectiveness is subject to exhibition of either transactional or transformational leadership style. It has been found that leadership effectiveness is increased by 2.213 for every unit increase in transformational leadership style. On the other hand for every unit increase in transactional leadership style, effectiveness increased by 1.329. The result shows that transformational leadership style is more effective than transactional style in managing the Small and Medium firms in Manipur
 This study is an attempt to determine effective leadership style whether transactional or transformational for managing small and medium firms in Manipur during Covid 19 pandemic. A sample of 98 employees from small and medium firms in Manipur was taken for the research using Multifactor Leadership Questionnaire MLQ (Form 5x-Short). The data were analysed using ordinal regression and the spearman correlation coefficient. It has been found that 55% of leadership effectiveness is subject to exhibition of either transactional or transformational leadership style. The study highlighted that leadership effectiveness is increased by 2.213 for every unit increase in transformational leadership style as compare to transactional style. However, for every unit increase in transactional leadership style, leadership effectiveness increased by 1.329. The above comparison shows that transformational leadership style is more effective than transactional leadership style in Small and Medium firms in Manipur. This study is an attempt to determine effective leadership style whether transactional or transformational for managing small and medium firms in Manipur during Covid 19 pandemic. A sample of 98 employees from small and medium firms in Manipur was taken for the research using Multifactor Leadership Questionnaire MLQ (Form 5x-Short). The data were analysed using ordinal regression and the spearman correlation coefficient. It has been found that 55% of leadership effectiveness is subject to exhibition of either transactional or transformational leadership style. The study highlighted that leadership effectiveness is increased by 2.213 for every unit increase in transformational leadership style as compare to transactional style. However, for every unit increase in transactional leadership style, leadership effectiveness increased by 1.329. The above comparison shows that transformational leadership style is more effective than transactional leadership style in Small and Medium firms in Manipur.

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The purpose of this study was to investigate the influence of leadership styles on employee performance at the University of Somalia. To reach this purpose the researcher used specific objectives of the study which were to establish the effect of transformational leadership on employee performance at the University of Somalia (UNISO). To determine the effect of transactional leadership on employee performance at the University of Somalia (UNISO). To examine the effect of laissez-faire leadership style on employee performance at the University of Somalia (UNISO). This research used a strictly quantitative approach. The employees of the University of Somalia (UNISO) were the intended target population. 326 people made up the study’s sample. The questionnaire was distributed to the sampled respondents via online Google forms that were provided to them to complete. Data were analyzed using the statistical package for social sciences (SPSS) version 20. The study’s assumptions were used to evaluate both relationships and effects using Pearson’s correlation and multiple regression analysis. Cronbach’s alpha coefficient was used to conduct reliability tests. The instrument’s Cronbach’s Alpha coefficient was. .823 indicating that it was reliable in gathering data for this investigation. The major result correlation coefficients of this study for transactional r=.854, transformational r=.826, and laissez-faire r=.594. These results show that both transactional and transformational leadership styles are strongly correlated with employee performance. While the laissez-faire leadership style is relatively strong with employee performance. Therefore, I would recommend that the management of the University of Somalia use a Transactional leadership style followed by a Transformational leadership style. considering also Laissez-faire Leadership. KEYWORDS: transformational leadership, transactional leadership, laissez-faire leadership style, employee performance

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