Transformational leadership and organisational performance of deposit money banks in Port Harcourt Rivers State – Nigeria

Abstract

This study evaluated the connection between transformational leadership and organizational performance of selected deposit money banks in Port Harcourt. The objective is to determine the relationship between transformational leader’s inspirational
motivation, idealized influence and organizational performance (productivity and competency) of money deposit banks in Port Harcourt .The unit of analysis for this study was employees of 10 selected banks (Access Bank, First Bank, Fidelity Bank, UBA, Zenith Bank, GT Bank, Sterling Bank, union Bank Keystone Bank and Eco Bank) within the Port Harcourt metropolis; with a sample of 200 employees derived using convenience sampling method. The study used closed-ended questionnaire to generate its data, which was analyzed using Spearman’s rank order correlation coefficient, through the aid of SPSS version 21. Through the hypotheses, the findings revealed a statistically significant association between transformational leadership and organizational performance of selected banks in Port Harcourt. It was suggested that better implementation of transformational leadership stylesin banks should be done, so as to improve employee’s competence.