Impact of Strategic Leadership Styles on Organizational Performance in Canada
DOI:
https://doi.org/10.47604/ijsm.2882Keywords:
Strategic Leadership Styles, Organizational Performance, ImpactAbstract
Purpose: The aim of the study was to examine the Impact of strategic leadership styles on organizational performance in Canada
Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
Findings: The study revealed a significant relationship between leadership approaches and the overall success of organizations. Effective strategic leadership, characterized by adaptability, vision, and a strong alignment with organizational goals, has been found to drive higher performance levels across various sectors in Canada. Leaders who embrace transformational and participative styles often foster innovation, employee engagement, and a positive organizational culture, all of which contribute to enhanced productivity and competitive advantage. Conversely, leadership styles that are more autocratic or transactional may limit creativity and employee motivation, potentially hindering long-term performance.
Unique Contribution to Theory, Practice and Policy: Transformational Leadership Theory, Transactional Leadership Theory & Contingency Theory may be used to anchor future studies on Impact of strategic leadership styles on organizational performance in Canada. Implement tailored leadership development programs that emphasize the cultivation of strategic leadership competencies across all levels of the organization. Align performance metrics and appraisal systems with the core principles of strategic leadership to reinforce behaviors that drive organizational success. Advocate for policies that encourage the adoption and integration of strategic leadership practices within organizations, promoting transparency, accountability, and ethical decision-making. Develop regulatory frameworks that incentivize organizations to prioritize strategic leadership development as a core component of corporate governance and sustainable growth.
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