The specific problem of the study was poor leadership and management skills contribute to small business failure and closure. Most women start a business without previous opportunities to gain leadership and management skills. This quantitative correlational study was an examination of woman-owned and –led small service-sector businesses in North Myrtle Beach, South Carolina to determine if there was a relationship between leadership styles, as defined by full-range leadership theory (FRLT), and organizational success. The MLQ 5x-Short survey was used to measure leadership based on perceptions of owner/leaders and employees. Spearman rank correlation coefficients were calculated to determine the relationship between leadership and organizational success, measured in three areas of outcome of leadership behaviors. Multiple regression analysis and factor analysis were performed to determine whether the FRLT leadership behaviors, collectively, predicted better organizational success than any single leadership behavior. Rejection of the null hypotheses demonstrated the relationship between robust leadership and organizational success, which indicated the significant power of a female owner/leader’s combined leadership behaviors to predict organizational success. The study has implications for female business owners interested in adopting leadership behaviors to improve organizational success. Recommendations are provided for business leaders to improve follower development by understanding leadership behaviors and styles that enhance or disrupt business performance. The study has implications for future leadership research. Regression analysis exposed unidentified variables that were not accounted for by FRLT factors. Recommendations are offered to advance leadership research through contributions to a more comprehensive leadership model.
|School:||University of Phoenix|
|School Location:||United States -- Arizona|
|Source:||DAI-A 76/08(E), Dissertation Abstracts International|
|Keywords:||Entrepreneurship, Female leadership, Full-range leadership, Organizational success, Small businesses|
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