1Hannah Ndarwa, 2Daniel Mulinge
1,2Pan African Christian University, Nairobi, Kenya
DOI : https://doi.org/10.47191/ijmra/v6-i9-14Google Scholar Download Pdf
ABSTRACT:
In Nairobi County's dynamic banking milieu, effective leadership remains paramount. Grounded in transformational leadership theory, this study delved into the impact of transformational leadership on strategic commercial banking adaptations. Utilizing a cross-sectional descriptive approach, insights were garnered from 234 credit managers across different tiers in Nairobi, selected via a stratified sampling technique. Results underscored that, banks led by transformational leaders not only showcased adaptive acumen but also pioneered innovative responses to banking challenges, notably in integrating risk-based pricing model. These banks demonstrated heightened agility amidst market and regulatory vicissitudes. The study accentuates the imperative of embedding transformational leadership in Nairobi's commercial banks, spotlighting its cardinal role in fostering strategic innovation and cementing market competitiveness.
KEYWORDS:Transformational leadership, Strategic Commercial Banking
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Volume 06 Issue 09 September 2023
There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.
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