The Impact of Strategic Leadership On Organisational Commitment: Case Study of Real Estate Firms In Southwest, Nigeria

Abstract

Research Background: Strategic leadership plays a very significant role in the performance and success of all organisations regardless of type. In the absence of sustained commitment from employee and the absence of strategic leadership, it becomes almost impossible for organisations to maintain profitability, productivity and competitive advantage(Lussier and Achua, 2007). To this end, this study will provide empirical data that can spur further research in studies relating strategic leadership to organisational commitment in the real estate sector. This is in consideration of the critical role being played by this sector, coupled with the lack of studies investigating the subject matter in Nigeria. Research Purpose: Studies have consistently reported a significant impact of strategic leadership on organisational commitment and performance. However, not much has been done to relate strategic leadership and organisational commitment, especially in the real estate sector in Nigeria. This study aims to assess the impact of Strategic Leadership on Organizational Commitment among the employees of real estate firms in Southwest Nigeria. Research Questions: this study provides answers to the following research questions. i. What is the perception of strategic leadership among employees of real estate forms? ii. How does strategic leadership foster organisational commitment among the workforce in the real estate firm? iii. What are the factors that foster organisational commitment among the workforce in real estate firms? Method: Adopting a quantitative research method, the study carried out a survey of employees in the real estate sector. The study sampled a total of one hundred employees using a structured questionnaire. Series of descriptive and inferential analysis were performed to arrive at the findings for the study. Conclusion: This study demonstrated that strategic leadership is positively associated with organisational commitment, particularly among employees in the real estate sector of the economy. The study participants scored high in the continuance domain of organisational commitment. It was also found that organisational characteristics influenced organisation commitment better than job characteristics.