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People, young and old all are looking for companies that can give them high job satisfaction whether that is with or without a suitable financial compensation package. Managers of today try to incorporate a sense of transformational leadership into their managing styles as through various researches, it has been proven to increase the productivity of the employees and make them more interested in their jobs and giving their best to the company. The need to research, However, one must actually investigate what kind of relationship exists between the company and the inclusion of transformational leaders.
The biggest factors that must be considered here are the marginal benefits of hiring such leaders would bring to the company. Although research may suggest a positive relationship in all cases, one has to understand that the dynamics of every company are very different. Transformational leadership includes developing an attractive vision, together with the employees, and a clear strategy for its achievement. They must realize the vision through small planned steps and above all express confidence, decisiveness, and optimism about the company employees achieving those targets and in turn making large profits for the company.
These values are required by leaders of all company sizes and hence the positive relationship has some research to back it up. On the other hand, most companies rely on numbers such as Return on Equity, Shareholder wealth, etc. to gauge the performance of managers and all the employees, these may not necessarily hold for a charity organization where the maximum weight may be given to overall welfare created by the company. However, the most important aspect that one must consider when considering an independent educational charity, is how the organization can have a competitive edge over the other charitable institutions and the biggest one can come from having the best people.
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