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The Impact of Transformational Leadership Style on Project Success: An Empirical Study of Banking Projects in Ghana

This research examines the impact of transformational leadership style on strategic projects in large scale banks of Ghana. To achieve the objective of this study, primary data was obtained through questionnaires and administered to 125 employees in three banks. The data analysis shows that there is a strong positive relationship between transformational leadership and banking project success. The highest predictor to banking project success is inspirational motivation. This is followed by individual consideration, intellectual stimulation and idealized influence. The study concluded that project leaders (managers) in the banking sector can increase the probability of project success by implementing and ensuring an environment that permits the use of transformational leadership behaviors notably idealized influence, inspirational motivation, intellectual stimulation and individual consideration.



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Keywords: Transformational Leadership, Project, Project Success, Leadership, Banking

ISSN: 2026-6839

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