Organizational Survival: The Effects of Leadership Skill and Strategy
Science Journal of Business and Management
Volume 2, Issue 2, April 2014, Pages: 44-49
Received: Aug. 27, 2013; Published: Mar. 20, 2014
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Authors
Kehinde James Sunday, Dept of Accounting and Finance, Lagos State University Ojo
Idris Adekunle, Dept of Accounting and Finance, Lagos State University Ojo
Oluitan Roseline, Dept of Business Administration and Mgt Tech, Lagos State University Ojo
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Abstract
Leadership remains the art of corporate organization. It is the most important factor in the survival and the growth of the firm. The continuing existence of the firm depends on the leadership of the firm; and too often than not, leaders do believe that their strategy and policy coupled with their ability get them the success they are experiencing without looking at the impact of the environmental factor and other externalities. They often do not review while they succeed but do often examine why they fail. The study made use of factor analysis:-The principal component analysis; Total Variance Explained and the chi square were used. The study revealed that there is a relationship between leadership and organization success. It was recommended that organization leadership should take into consideration factors within the firm and outside the firm that can increase or inhibit the firm’s success.
Keywords
Success, Leader, Strategy, Failure
To cite this article
Kehinde James Sunday, Idris Adekunle, Oluitan Roseline, Organizational Survival: The Effects of Leadership Skill and Strategy, Science Journal of Business and Management. Vol. 2, No. 2, 2014, pp. 44-49. doi: 10.11648/j.sjbm.20140202.11
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