The Impact of Strategic Leadership on Organizational Change: The Case of Cooperative Bank of Oromia (S.C)
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Date
2022-06
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Addis Ababa University
Abstract
The modern business environment is highly dynamic due to numerous forces that interact with each other to affect organizations. The extremely competitive business environment, rapidly changing customer preference, continuously changing technology factors and highly diverse work environment have made change is a dominant characteristics of modern organization. Firms respond to these changes resulting in change programes which affect the whole organizations as a system, so strategic leadership is ultimate for success of change program as they are the one who to anticipate, envision, maintain flexibility and empower others to create strategic change as necessary, and also they are the one who direct all organization resources toward a common goal by effectively motivating employees to achieve a desired common vision. This study focuses on the impact of strategic leadership on organizational change of Cooperative Bank of Oromia and how strategic leaders ensure effective management of strategic change program and the study employed descriptive research design with a sample of 110 respondents drawn by purposive sampling techniques including all executive management members, department directors at HO, district directors, senior managers at district level and higher grade branch managers working in and around Addis Ababa. Primary data was collected by using self-administered questionnaires and the data was analyzed using SPSS software. Descriptive analysis and frequencies (Percentage, Frequencies, and averages) are used to show the results and data presentation are on bar graphs and tables.
Key words: - Strategic leadership, organizational change, Leaders, bank