Examining the Impact of Transformational Leadership on the Strategic Decisions Effectiveness of Jordanian Microfinance Companies

This study aims to investigate the effect of transformational leadership on strategic decisions effectiveness. A survey method was employed for the collection of data from Microfinance companies of Jordan. The data were analyzed using Multiple Regression technique to empirically test the study hypo...

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Main Authors: Ahmad Nasser Abuzaid, Noor Al-Ma'aitah, Yazan Emnawer Al-Haraisa, Khalaf Ibrahim Al-Tarawneh
Format: Article
Language:English
Published: EconJournals 2019-03-01
Series:International Review of Management and Marketing
Online Access:http://mail.econjournals.com/index.php/irmm/article/view/7562
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author Ahmad Nasser Abuzaid
Noor Al-Ma'aitah
Yazan Emnawer Al-Haraisa
Khalaf Ibrahim Al-Tarawneh
author_facet Ahmad Nasser Abuzaid
Noor Al-Ma'aitah
Yazan Emnawer Al-Haraisa
Khalaf Ibrahim Al-Tarawneh
author_sort Ahmad Nasser Abuzaid
collection DOAJ
description This study aims to investigate the effect of transformational leadership on strategic decisions effectiveness. A survey method was employed for the collection of data from Microfinance companies of Jordan. The data were analyzed using Multiple Regression technique to empirically test the study hypothesis. The results demonstrate that transformational leadership positively affects strategic decisions effectiveness. Organizations should invest more to build transformational leadership capability for their managers, and provide them with adequate training programs in different aspects of transformational leadership. In addition, if these organizations are aiming to enhance strategic decisions effectiveness, they should focus on attracting and hiring managers that have a transformational leadership attributes. Moreover, they should also take into consideration the other factors like the ability to create managerial acceptance to decisions, generate new ideas, and provide innovative alternatives and choices for the enhancement of strategic decisions effectiveness. However, the current study, compared to the existing literature, contributes to the impact of transformational leadership on strategic decisions effectiveness, especially in Jordan's business settings. Keywords: Transformational Leadership; Strategic Decisions Effectiveness; Microfinance Companies. JEL Classification: M1 DOI: https://doi.org/10.32479/irmm.7562
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spelling doaj.art-951106068a734cea912955b9faf8ee642023-02-15T16:11:54ZengEconJournalsInternational Review of Management and Marketing2146-44052019-03-0192Examining the Impact of Transformational Leadership on the Strategic Decisions Effectiveness of Jordanian Microfinance CompaniesAhmad Nasser Abuzaid0Noor Al-Ma'aitahYazan Emnawer Al-HaraisaKhalaf Ibrahim Al-TarawnehMutah University This study aims to investigate the effect of transformational leadership on strategic decisions effectiveness. A survey method was employed for the collection of data from Microfinance companies of Jordan. The data were analyzed using Multiple Regression technique to empirically test the study hypothesis. The results demonstrate that transformational leadership positively affects strategic decisions effectiveness. Organizations should invest more to build transformational leadership capability for their managers, and provide them with adequate training programs in different aspects of transformational leadership. In addition, if these organizations are aiming to enhance strategic decisions effectiveness, they should focus on attracting and hiring managers that have a transformational leadership attributes. Moreover, they should also take into consideration the other factors like the ability to create managerial acceptance to decisions, generate new ideas, and provide innovative alternatives and choices for the enhancement of strategic decisions effectiveness. However, the current study, compared to the existing literature, contributes to the impact of transformational leadership on strategic decisions effectiveness, especially in Jordan's business settings. Keywords: Transformational Leadership; Strategic Decisions Effectiveness; Microfinance Companies. JEL Classification: M1 DOI: https://doi.org/10.32479/irmm.7562 http://mail.econjournals.com/index.php/irmm/article/view/7562
spellingShingle Ahmad Nasser Abuzaid
Noor Al-Ma'aitah
Yazan Emnawer Al-Haraisa
Khalaf Ibrahim Al-Tarawneh
Examining the Impact of Transformational Leadership on the Strategic Decisions Effectiveness of Jordanian Microfinance Companies
International Review of Management and Marketing
title Examining the Impact of Transformational Leadership on the Strategic Decisions Effectiveness of Jordanian Microfinance Companies
title_full Examining the Impact of Transformational Leadership on the Strategic Decisions Effectiveness of Jordanian Microfinance Companies
title_fullStr Examining the Impact of Transformational Leadership on the Strategic Decisions Effectiveness of Jordanian Microfinance Companies
title_full_unstemmed Examining the Impact of Transformational Leadership on the Strategic Decisions Effectiveness of Jordanian Microfinance Companies
title_short Examining the Impact of Transformational Leadership on the Strategic Decisions Effectiveness of Jordanian Microfinance Companies
title_sort examining the impact of transformational leadership on the strategic decisions effectiveness of jordanian microfinance companies
url http://mail.econjournals.com/index.php/irmm/article/view/7562
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