Business Strategy and Leadership Style: Impact on Organizational Performance in the Manufacturing Sector in Ghana

Doctoral Thesis / Dissertation , 2014 , 144 Pages , Grade: B

Business economics - Business Management, Corporate Governance

This study sought to investigate the impact of leadership styles and business strategy on the organizational performance of Small-Medium Scale Enterprises (SMEs) in the manufacturing sector of Ghana. This had become necessary due to the fact that available literature on the subject matter lacked precision in terms of the specific leadership style and strategy which could better be employed to improve performance in the chosen area of study.

A field survey (by means of questionnaires) was conducted in Accra, involving 60 CEOs and Senior managers drawn from 10 organizations, which were randomly sampled for the study. In addition, a time series data from 2008 to 2013 on sales, profits before tax and employment from the 10 organizations were collected to develop performance indices for the organizations. Regression and analysis of variance (ANOVA) were then run to examine the relationship between leadership, strategy and organizational performance.

The study revealed that leadership and business strategy statistically and significantly impacted on organizational performance but strategy had the greater influence. Again, transformational leadership style and cost leadership significantly influenced organizational behaviour (p=.000<.01) but transactioanal leadership style, differentiation and focus strategies did not. The study recommends that SMEs should take advantage of transformational leadership style and cost leadership to enhance growth and induce greater organizational performance.

Inhaltsverzeichnis (Table of Contents)

• Chapter One
  • Introduction
  • Background to the Study
  • Statement of the Problem
  • Research Objectives
  • Research Hypothesis
  • Significance of the Study
  • The Scope of Study
  • Organization of the Study
  • Research Environment
  • Definition of Key Terms
    • Business strategy
    • Cost leadership strategy
    • Differentiation strategy
    • Focus strategy
    • Leadership
    • Leadership style
    • Idealized influence
    • Inspirational motivation
    • Intellectual stimulation
    • Individual consideration
    • Transactional leadership
    • Transformational leadership
    • Contingent reward
    • Management by exception (active)
    • Management by exception (passive)
    • Laissez-faire leadership
    • Organizational performance
    • Chapter Summary
• Chapter Two
  • Literature Review
  • Leadership in Perspective
    • Antecedents of Leadership
    • Leadership Styles
      • Democratic leadership
      • Situational leadership
      • Transformational leadership
      • Transactional leadership
  • Understanding Business Strategy

Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)

This study aims to investigate the impact of leadership styles and business strategy on the organizational performance of Small-Medium Scale Enterprises (SMEs) in the manufacturing sector of Ghana. The study particularly focuses on identifying specific leadership styles and strategies that are most effective in enhancing organizational performance in this context. Key themes of the research include:

• The impact of leadership styles on organizational performance in SMEs
• The role of business strategy in driving organizational performance
• The relationship between leadership styles and business strategy
• The application of specific leadership styles and business strategies in the Ghanaian manufacturing sector

Zusammenfassung der Kapitel (Chapter Summaries)

Chapter One: Introduction

This chapter provides an overview of the study's background, including the context of SMEs in the Ghanaian manufacturing sector and the significance of leadership and business strategy for organizational performance. The chapter also outlines the research problem, objectives, hypothesis, scope, and organization of the study.

Chapter Two: Literature Review

This chapter reviews relevant literature on leadership, leadership styles, and business strategy. It explores the antecedents of leadership, various leadership styles, including democratic, situational, transformational, and transactional leadership, and provides an overview of different business strategies.

Schlüsselwörter (Keywords)

This study focuses on the impact of leadership styles and business strategy on organizational performance within the context of Small-Medium Scale Enterprises (SMEs) in the Ghanaian manufacturing sector. Key concepts include transformational leadership, transactional leadership, cost leadership, differentiation, focus, and organizational performance.

• College: ( Atlantic International University ) (Department Of Business Administration, Atlantic International University, USA)
• Course: Business Management
• Grade: B
• Author: John Parker Yanney (Author)
• Publication Year: 2014
• Pages: 144
• Catalog Number: V287315
• ISBN (eBook): 9783656888901
• ISBN (Book): 9783656888918
• Language: English
• Tags: business, strategy, leadership, style, impact, organizational, performance, manufacturing, sector, ghana