Organizational Survival: The Effects of Leadership Skill and Strategy

Abstract

Leadership remains the art of corporate organization. It is the most important factor in the survival and the growth of the firm. The continuing existence of the firm depends on the leadership of the firm; and too often than not, leaders do believe that their strategy and policy coupled with their ability get them the success they are experiencing without looking at the impact of the environmental factor and other externalities. They often do not review while they succeed but do often examine why they fail. The study made use of factor analysis:-The principal component analysis; Total Variance Explained and the chi square were used. The study revealed that there is a relationship between leadership and organization success. It was recommended that organization leadership should take into consideration factors within the firm and outside the firm that can increase or inhibit the firm's success.