Preview

Leadership styles

Powerful Essays
Open Document
Open Document
1920 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Leadership styles
Leadership styles, entrepreneurial orientation and family business growth in Ghana.
The research problem
While the number of family business abounds in Ghana, one sees lots of these slowly dying and some going bankrupt (Wolf, 2004). The lack of continuity and growth in family businesses is a major concern because of the primary contributory role that family businesses play in the world economy (Lansberg 1999: 1). It is perceived that entrepreneurial activities in Ghana lack the dynamism and competitive edge of those in more developed countries (Saffu, 2004). One reason that can be advanced is the lack of appropriate leadership style and competencies to manage the family business enterprises in Ghana (Wolf, 2004).
Researchers in the fields of organizational behavior and leadership have examined leadership styles and their effects on such variables as job satisfaction, job stress, role conflict, job performance and organizational commitment (Humphreys et al., 2003, MacKenzie et al.,
2001 and Stock and Hoyer, 2002), in the context of the North American and other developed countries and has rarely been conducted in emerging economies with different cultural orientation (Fakhrul et al 2011), and the Ghanaian context is no exception in this regard.
Globally, there is a dearth of research regarding the influence of leadership styles and entrepreneurial orientation on the growth of service sector businesses including private schools.
According to (Kest, 2007) there is a lack of Leadership styles research within private educational institutions, and very little has been researched and publicly documented on leadership studies in Ghana (Zame & Hope, 2008). Societal culture also has impact on the leadership style of management and as such the leadership style in an organization may vary from society to society (Mujtaba et al, 2011).
Entrepreneurial Orientation (EO) has been widely studied in a variety of contexts (Lumpkin and
Dess, 1996; Wiklund, 1998; Lyon et al., 2000).

You May Also Find These Documents Helpful

  • Good Essays

    Business sustainability is the issue; the retail business is not doing so well. Lack of family planning is an issue.…

    • 591 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Leadership Styles

    • 787 Words
    • 4 Pages

    The leadership styles of the United States Presidents can make them effective or it can limit their effectiveness. The effectiveness of the President has direct effect on the American people. Presidents Dwight Eisenhower and John Kennedy were two leaders that had major influences in the mid-20th century. Both men played a key role in the United States involvement in Vietnam. The experiences, styles of leading, and characteristics of both President’s Dwight Eisenhower and John F. Kennedy intensified the level of involvement the United States had in the Vietnam experience. Even though the leadership styles may have differed, the two leaders refused to let communism spread (Moss, 2010).…

    • 787 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    And in most of the world, family-owned enterprises dominate the business landscape. Even in the United…

    • 6267 Words
    • 26 Pages
    Powerful Essays
  • Powerful Essays

    Three Circle Model

    • 1456 Words
    • 6 Pages

    References: Gersick K. E., Davis J. A., Hampton M. M. and Lansberg I. (1997). Generation to Generation: Life Cycles of the Family Business. United States of America: Owner Managed Business Institute. pp. 4-7, 29-34, 57-61, 103-109.…

    • 1456 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    student

    • 3128 Words
    • 13 Pages

    that is not always well understood. The report aims to spotlight issues that family firms face, as well as…

    • 3128 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    Case Study

    • 405 Words
    • 2 Pages

    Summary: There are various advantages and disadvantages of a sole proprietorship business. A sole proprietorship business may be run by family members and this can have a tremendous opportunity or a nightmare. Some families share success, challenge and opportunity in such business. Other families split apart and don’t even want to talk to each other. To improve relationships among family members we can establish a group like SOB which will offer a set of practical guidelines and some roles and regulations. These guidelines may include preventing harsh, emotional conflict, personality clashes etc. among family members and help to lead an organization toward its goal.…

    • 405 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Source: The Review of Economics and Statistics, Vol. 21, No. 2 (May, 1939), pp. 75-78…

    • 2236 Words
    • 20 Pages
    Powerful Essays
  • Satisfactory Essays

    jjess11dd

    • 1000 Words
    • 4 Pages

    economy), as well as in the short/long term. Offshoring is a case in point [1]. Closing…

    • 1000 Words
    • 4 Pages
    Satisfactory Essays
  • Better Essays

    Leadership Styles

    • 1542 Words
    • 7 Pages

    Different organizations across many sectors have exhibited varying leadership styles. Leadership styles have significant impacts not only in small organizations but also in the world’s largest businesses. It is imperative for organizations to be particular about the leadership style imposed on business operations as these styles affect everyone from senior management to the newest college attaché. Leadership styles are crucial as they lay the foundation for corporate culture and largely influence the performance and operations of the organization. This study paper explores the varied leadership styles in the contemporary organizations. Not all institutions have similar leadership styles, hence the need to understand and explore the various styles practiced by organizations today. Leadership efficacy is reliant on the particular circumstances and mix of leadership styles employed over time. In a nutshell, leadership style is the process in which a leadership team or a person in authority instills a sense of discipline, workmanship, and commitment to the goals of an organization (Wart, 2008). Leadership styles also encompass interpersonal relations both within and outside the organization. In addition, leadership styles involve people’s views on themselves and their positions which, in turn, reflect on their success as leaders.…

    • 1542 Words
    • 7 Pages
    Better Essays
  • Powerful Essays

    Leadership Styles

    • 3029 Words
    • 13 Pages

    Whether you work in a private institution, private practice, health maintenance organization, government facility or educational institution, probably you had experience the impact of leadership.…

    • 3029 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Citations: Ward, John W. (1987). Keeping the Family Business Healthy. San Francisco, Calif.: Jossey Bass.…

    • 631 Words
    • 3 Pages
    Good Essays
  • Good Essays

    It is apparent that entrepreneurial activity is beneficial for Ghana both at a micro level in terms of creating stable and sustainable employment for individuals and at a macro level where it significantly increases a nation's GDP. Yet Ghana has been unable to create and maintain the favourable environment needed to foster SMME development. There are a number of barriers which entrepreneurs in Ghana face. According to Bridges.org (2002), the factors affecting entrepreneurial activity can generally be divided into four categories and these portray the exact situation in Ghana:…

    • 2123 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    The first section provides background information giving statistics around the survival chances of a business and some of the key factors that influence this. The authors use this section to introduce two theories; “The liability of newness” (Fernandez, Revuelto –Taboada, Simon-Moyas, 2012, p.2401) and “The liability of adolesence” (Fernandez, Revuelto –Taboada, Simon-Moyas, 2012, p.2401) which contradict each other in terms of when the highest mortality rates for a business occur, early on at the…

    • 794 Words
    • 4 Pages
    Satisfactory Essays
  • Powerful Essays

    Family Business

    • 1254 Words
    • 6 Pages

    Family business occupies a large part of business structure and earns an estimated 70% to 90% of global GDP annually (Bryant, 2007). However, it is facing some vital challenges in recent years such as: aging time, the gender issues, vast quantities of expenses, deficient innovations and scale. While there are some difficulties, the advantages of family business are still distinct. Some positive aspects include professionalism, the trust of employees and the sustainable features of family business. The challenges are vital for family business. One of these problems is aging time. The American Family Business Survey made by MassMutual Financial group demonstrated that “within 10 years, 40.3% of business owners want to retire or make a total transition. And fewer than half of them want to retire within 5 years” (Glavin 2007, 4). Aging time brings not only the dramatic decrease among high position leaders as they become too old to work but also the decrease of stability of family business interior employment structure. That may form a negative effect on family business’s further development. Another problem is related to demographic. In 2002, only 24% of family business leaders were women (Glavin 2007, 5). That leads to a social problem – sexism, which is wildly concentrated worldwide. Businesses not only need men, but also need women to adjust the inner relationships and communications within the company. Also, the statistic…

    • 1254 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Busy Bee

    • 473 Words
    • 2 Pages

    First of all myuncle who owns 12 dunking donuts barely has time for his family. He sees his kids or communicates with them once or twice in a week. For him, his business life is more important than his social life with his family. He ought to give first prefrence to his business to make more ‘n’ more money on his bank account.…

    • 473 Words
    • 2 Pages
    Good Essays