This study examines the relationship between transformational leadership characteristics of retail sales managers and the anticipated turnover of retail sales employees. Five hundred surveys will be distributed to retail sales employees within the Midwestern United States…
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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“THE IMPACT OF THE TRANSFORMATIONAL LEADERSHIP STYLE ON EMPLOYEE Essay”, n.d. https://studentshare.net/miscellaneous/381978-the-impact-of-the-transformational-leadership-style-on-employee-turnover-within-a-retail-environment.
Various authors have suggested that different theories in leadership such as trait theories, behavioural as well as contingency theories have been developed to explain the impact of leadership styles on the performance of the organisation as a whole. However, recent studies have shown that transformational leadership is more ideal during the contemporary period since it is adaptive to change.
This study basically draws on the policy based convergence/divergence parameters for the continuous analysis for a proper articulation of the HRM strategy at broader level though its theoretical underpinnings are based on the need to focus attention on the evolving environment of competition.
In order to properly interpret and understand the article, the following questions must be addressed:
This article was written for several important reasons, one of the most primary being that there was as of yet no research that directly looked at and evaluated SLT.
Many retailers have resigned themselves to accepting this kind of turnover rate as a "cost of doing business" (Joinson, 1999). The costs associated with recruiting, retraining, diminished customer loyalty, and many other consequences of high turnover rates can be staggering.
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The report provides an analysis of Woolworth’s group plc operations in terms of management and leadership to understand the reasons behind its failure. The report discusses management, leadership, and their application in evaluating the operations of Woolworths Group. The report also gives recommendations on what the company should have done to ensure its success and finally the conclusion of the entire report
16 Pages(4000 words)Essay
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