• editor@ijmra.in
  • ISSN[Online] : 2643-9875  ||  ISSN[Print] : 2643-9840

Volume 06 Issue 09 September 2023

Operationalizing Transformational Leadership Components: Impact on Commercial Banking Strategies in Nairobi County
1Hannah Ndarwa, 2Daniel Mulinge
1,2Pan African Christian University, Nairobi, Kenya
DOI : https://doi.org/10.47191/ijmra/v6-i9-14

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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

REFERENCES
1) Aunjum, A.H., Abbas, G. and Sajid, M. (2017) “Transformational Leadership and Employee Motivation in Banking Sector of Pakistan,” Advances in Economics and Business, 5(9), pp. 487–494. doi:10.13189/aeb.2017.050901.

2) Bass, B. M., & Riggio, R. E. (2006). Transformational leadership (2nd ed.). Psychology Press.

3) Getenga, J. (2021). Impacts of COVID-19 on credit reporting systems- Kenya’s case study.

4) Northouse, P. G. (2018). Leadership: Theory and practice (8th ed.). SAGE Publications.

5) Pasovska, S. and Miceski, T. (2018) “The impact of transformational leadership in improvement of the organizational capability,” International Journal for Innovation Education and Research, 6(2), pp. 235–246. doi:10.31686/ijier.vol6.iss2.957.

6) Ved Pal Sheera, Dalbir Singh, & Inderpreet Kaur. (2019). Influence of consumer innovativeness and personal characteristics on consumer adoption behavior of online banking: An empirical analysis. Journal of Management Research and Analysis, 6(1), 65–70. doi:10.18231/j.jmra.2019.012

7) Faria. (2022). List Of Banks in Kenya 2022 And Their Official Branch Codes. Logic Publishers. https://www.logicpublishers.com/list-banks-official-branch-codes-kenya/.
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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