Transformational Leadership and Organizational Survival in Deposit Money Banks in Port Harcourt
This research examined transformational leadership and organizational survival in deposit money banks in Port Harcourt, Nigeria. A review of literature was undertaken with particular reference to transformational leadership being characterized in specific variables like idealized influence and inspirational motivation, while organizational survival was viewed from adaptability and flexibility. The reviews show that much of the works that was done in this area of study connoted a positive and significant influence. The study adopted the correlational research study and a cross-sectional design. Random sampling technique was adopted and a total of 200 workers were sampled. A total of 20 deposit money banks’ branches in Port Harcourt were studied. The research instrument for this study was a structured questionnaire. The collected responses from the questionnaire were used in testing the formulated hypotheses through the Spearman Rank Correlation statistics. The study revealed that idealized influence and inspirational motivation all positively and significantly influences adaptability and flexibility respectively. Following the findings, the study concluded that transformational leadership positively and significantly impacts on organizational survival. These findings gave the following recommendations, that; organizations should use every means to influence and inspire each employee so as to keep them readily adaptable and flexible to the organizational needs, goals and objectives.
Keywords: Adaptability, Flexibility, Idealized Influence, Inspirational Motivation, Organizational Survival, Transformational Leadership
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