The Impact of Transformational Leadership on Employee Retention
The intense competition among employment candidates, for both experienced professionals and fresh graduates, creates a more challenging workplace. While this can help create plenty of opportunities for growth through collaboration and partnerships, it can also lead to a toxic environment where employees hinder the growth of one another and focus only on personal gain. To prevent this from happening, it’s crucial to have a leader who understands the needs of their staff and is up to the job of bringing out their potential and unifying everyone to promote the growth of the organization.
Studies have shown that among the most popular leadership styles, transformational leadership is the style that helps increase employee retention. While there are plenty of candidates to choose from, experienced professionals are crucial in maintaining the business’ level of service while maximizing its resources. After all, it’s difficult to focus on business or organizational growth if you must keep training new employees to bring them up to speed.
What is transformational leadership?
Transformational leadership refers to the style of leadership that inspires positive change in people, in this case, employees or members of the organization. Transformational leaders are passionate, energetic, and enthusiastic. They help each staff or team member to succeed while being involved in every step of the process of the organization’s success.
How does TL impact employee retention?
As mentioned above, having a great leader is crucial in motivating the members of your team to do their best, as well as in giving them a reason to stay. For this reason, many organizations seek leadership coaching in Dubai to find out what they can do to increase employee retention through effective leadership.
Here’s how TL can affect employee retention:
Inspires positive change in behavior
Changing or improving one’s behavior is tough, especially when it is forced. However, it becomes easier if the person is motivated to do better because they are inspired by the passion or work of the people around them, especially by their leader.
Lead by setting an example for your staff. Motivating them to do well will be much easier if they can see that their leaders value their work and are pouring the same amount of effort/work to achieve the organization’s goal.
Prioritizes the staff’s well-being
Employees and staff members feel more motivated to do well when they feel that their leaders care about them. After all, it is much easier to perform one’s tasks when they are in peak condition, both physically and psychologically. These leaders also make sure they properly communicate with their staff, especially when it comes to critical matters. They make their staff aware of their mistakes and help them correct them and avoid making the same error in the future.
Encourages improvement and growth
Transformational leaders are willing to help the members of their team to improve and grow. Whether it’s personal or professional growth, it is highly encouraged, especially when it can contribute to achieving the goals of the organization. While not all of them do so, these types of leaders take the necessary steps to educate and help their team members grow. If you are planning to lead the bigger team or want to learn more about how you can improve your team through effective leadership, you may take lessons for executive coaching in Dubai.
There is no “one size fits all” type of leadership for every organization. Even if an established style has been proven to work, it may change over time as the business or organization grows.
If you are struggling with your current style or wish to become a better leader, you may visit a psychotherapy clinic to help you understand the issues and guide you in working things out.