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ENTREPRENEURIAL LEADERSHIP STYLES AND ORGANISATIONAL PRODUCTIVITY OF FINANCIAL SECTOR IN CAMEROON

CHO, NKAM MICHAEL and Ajagbe, Akintunde M. and Okoye, Lawrence U. and Udo , EKANEM EDEM UDO (2016) ENTREPRENEURIAL LEADERSHIP STYLES AND ORGANISATIONAL PRODUCTIVITY OF FINANCIAL SECTOR IN CAMEROON. INTERNATIONAL JOURNAL OF RESEARCH IN COMMERCE, IT & MANAGEMENT, 6 (07). ISSN 2231-5756

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Abstract

As organizations have found themselves continuously redefining their markets, restructuring their operations, and modifying their business models and learning the skills to think and act entrepreneurially, entrepreneurial leadership has become a source of competitive advantage. Microfinance Institutions in Cameroon are not exceptions for this struggle as they develop competitive strategies to secure a bigger market share within the finance sector. Mitanyen Cooperative Credit Union Limited being a microfinance institution affiliated to the Cameroon Cooperative Credit Union League has experienced different levels of growth under different leaders, probably applying different leadership styles since its creation. This growth has not been steady under the various leaders; meanwhile this union is facing so many aggressive competitors who may push her out of business in the days ahead. The main objective of this study is to investigate the impact of entrepreneurial leadership styles on the productivity of the financial sector in Cameroon. This study adopts a mix method approach to data collection. The primary data was collected by interviewing the last 3 presidents of the society through a face to face approach, while 40 employees of the organisation were surveyed through the use of semi-structured questionnaires. Secondary information was sourced via newspaper and magazine reports, journal and conferences papers and internet sources. The interview data was transcribed and analysed through content analysis and constant comparative method. The semi-structured questionnaire data were analysed with the use of Microsoft Excel and SPSS Version 17 software for data analysis. This study concludes that organisational leaders are endowed with different leadership styles but one must be dominant and the others recessive. However, no leadership style is good for all situations, organisational leaders adopt styles depending on prevailing circumstances in the organisation

Item Type: Article
Uncontrolled Keywords: entrepreneurial leadership, productivity, financial performance, cooperative credit union, camccul network, cameroon.
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce > HF5601 Accounting
H Social Sciences > HG Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 14 Jun 2017 10:49
Last Modified: 29 Jun 2017 15:14
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/8204

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