Transformational Leadership And Its Influence On Business Growth In The Real Estate Industry

Authors

  • Prince Asiamah Mintah

DOI:

https://doi.org/10.52152/802910

Keywords:

Transformational leadership, business growth, real estate industry, inspirational motivation, individualized consideration, organizational performance, leadership effectiveness.

Abstract

This study examines the influence of transformational leadership on business growth in the real estate industry, emphasising how leadership behaviours contribute to organisational performance and sustainability. Using a quantitative research design, data were collected from 200 senior managers, project leaders, marketing executives, and operational heads. The analysis employed descriptive statistics, correlation, and multiple regression to assess the relationship between four transformational leadership dimensions – Idealised Influence, Inspirational Motivation, Intellectual Stimulation, and Individualised Consideration – and key business growth indicators, including sales growth, profit margins, market share, employee performance, and customer satisfaction. The findings revealed a strong positive association between transformational leadership and business growth, with inspirational motivation and individualised consideration emerging as the most influential predictors. These results underscore the importance of visionary, motivational, and people-centred leadership in achieving sustainable growth in the highly competitive real estate sector. The study provides theoretical and practical insights for leadership development and strategic management within project-driven industries.

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Published

2023-09-15

Issue

Section

Conference Paper (Annual Conference 2020)

How to Cite

Transformational Leadership And Its Influence On Business Growth In The Real Estate Industry. (2023). Lex Localis - Journal of Local Self-Government, 1-11. https://doi.org/10.52152/802910