Role of Transformational Leadership and the Impact of Organizational Culture in the Petroleum Sector of Libya
Journal Title: IOSR journal of Business and Management - Year 2018, Vol 20, Issue 9
Abstract
Researchers, workers and public servants are looking at research on leadership styles, in order to improve their positions and for ideas on how become more efficient, or more proficient, in the public sector, private sector and other aspects of their lives. Studies of Leadership styles and organizational culture have developed in parallel with a rise in peoples’ consciousness of leadership style in companies. This study investigated the role of transformational leadership and the impact of organizational culture in two petroleum companies in Libya. This study researched company annual reports. Primary data was collected from companies via questionnaires. Data was collected and analysis was attempted using graphs and tables. It was discovered from the study that whatever the leadership style, it had failed to protect the companies studied, from a deterioration in their financial performance, during which time the market conditions were challenging for all energy companies globally. In a country like Libya, the petroleum industry monopolizes the financial and educational brainpower and managerial and logistical resources of the whole country. If the return on this monopolized capital can be improved, through changes in leadership style, then this should be pursued. This research failed to prove, beyond reasonable doubt, that emphasis on transformational leadership alone would be sufficient to maintain or improve company performance, especially in Arab countries like Libya, which are depend on the petroleum sector
Authors and Affiliations
Tareq Abu fares Alajaili, Supervisor . , Dr David Hanley
Keywords
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- EP ID EP412888
- DOI 10.9790/487X-2009057787.
- Views 76
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