Monday, August 26, 2019

THE IMPACT OF THE TRANSFORMATIONAL LEADERSHIP STYLE ON EMPLOYEE Essay

THE IMPACT OF THE TRANSFORMATIONAL LEADERSHIP STYLE ON EMPLOYEE TURNOVER WITHIN A RETAIL ENVIRONMENT - Essay Example In this background the major research finding is included and that is the retail employees leave the job because of the lack of proper communication and interaction with their managers which lead to the dispute with him. This section discusses the major reason of the employee turnover in the retail industry, and that is the dissatisfaction of the employees because of innumerable things. Human Resource is the key factor for any industry or business to survive in the cut throat competition. It is not only the question of surviving but also growing and successfully accomplishing the objectives of the business. Especially in the crucial time of recession every small scale large scale industries, retail sectors and other small and large businesses are suffering from this economic meltdown. So it is mandatory to work hard for the growth. In such situation it is the human force that is whole and sole in the process of attaining the goals of the business. So the focus should be given on the employee satisfaction. One of the major causes of the employee satisfaction, which we are going to discuss here, is the effective leadership. Good and visionary leaders motivate the entire team to work hard and they can create a sense of belongingness and responsibility among the employees. The employees have a tendency to leave their job for many reasons and it is the responsibility of the leaders to find out the reasons behind this tendency and took the initiatives to overcome the employee turnover problem. The inability to preserve effective leadership leads to employee turnover, which effects an organization’s productivity and profitability. This study will examine the relationship between transformational leadership characteristics of retail sales managers and the anticipated turnover of retail sale employees. One of the most pressing challenges for retail employees is to assure a competent, qualified, and satisfactory

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