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Authors:
Dr. Dickson, Racheal Konyefa, Isaiah, Oyeinkorikye Stephan, Timitimi, Ebisinkemefa Kelly, Nigeria
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Abstract:
This study investigated the influence of transformational leadership and employee commitment among Commercial Banks. The objectivism philosophy was used to guide the methodology of the study; hence the survey research design was carefully selected in this study. The population of this study comprised all heads of departments in 17 commercial banks which gave a total population of 95 participants which was used as the sample size. A transformational leadership and employee committed questionnaire (TRANLECQ) was designed by an expert to elicit valid data from the participants. Reliability of the instrument was tested using the crombach alpha statistical method with 95% significant level. Descriptive and inferential statistical techniques were used and the hypotheses were tested using spearman rank order correlation with the SPSS software. From the elicited data, the study revealed that transformational leadership dimensions such as shared vision and goal, concern for subordinates and mental inducement are significantly correlated with employee commitment. Thus the study concluded that the transformational leadership style can be strategically considered as a means of achieving firm competitive advantage through employee commitment and loyalty.
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