A comparative analysis of the impact of leadership style on organizational performance in the private and public sectors Banks

Abstract

For any organization leadership is one of the key factors that plays an important role in determining its success or failure. And both corporate as well as public sector banks are no exceptions. The leadership styles of these organizations play a very important role in constructing the goal and vision, formulation of strategies and resolution of ways to achieve those goals. There are various leadership styles which are opted by these banks, so that they can sustain and develop in this competitive environment. This includes styles such as transformational, Bureaucratic, autocratic and participative etc. Although the basic structure of these leadership styles chosen by both public sector as well as corporate sector banks remain the same. There are certain differences which are observed in leadership styles used by these two types of organizations. Analyzing these differences is very crucial for contemplating the impacts of these on the overall performance of the organization. The study had considered sample of 200 respondents (bank employees) to know the impact of leadership style on organizational performance in private and public sectors Banks and concludes that there is a significant difference in impact of leadership style on organizational performance in private and public sectors Banks.