International Journal of Research Studies in Management
CollabWritive Special Issue
2024 Volume 12 Issue 2
Available Online: 15 April 2024
Author/s:
Hao, Sun
Graduate School, Lyceum of the Philippines University – Batangas, Philippines (sunhao557@163.com)
Abstract:
The contemporary business environment is characterized by rapid change, fierce competition and the relentless pursuit of innovation. In this context, understanding the factors that promote employees’ innovative behavior has become a hot topic in research and organizational development. This study aimed to examine the leadership style, employee job satisfaction, and organizational culture that was made the basis in developing an innovation behavior framework for Chinese financial industries. The study utilized descriptive design to describe the leadership style, employee job satisfaction, and organizational culture in financial industries. Survey questionnaire was used as the data gathering instrument. 400 employees from financial industries were used as participants of the study. Based from the results, all three leadership styles as to transformational leadership, transactional and laissez-faire are effective in the financial industry and that they are all effective in helping organizations achieve their goals and objectives. The respondents have moderate agreement on their job satisfaction in terms of salary and welfare, performance appraisal and organizational management which implied that there is a positive development for both employees and the organization. Organizations have a strong and well-defined culture because power distance, uncertainty avoidance and indulgence vs restraint are considered to be the core dimensions of organizational culture. This implied that the organizations have clear and shared understanding of its values and norms. A high significant relationship was found among leadership style, employee job satisfaction, and organizational culture and these are all important in creating a positive work environment and organizational success. An employee innovation behavior framework was developed for the financial industries. Implementing the framework based on leadership style, employee job satisfaction, and organizational culture can foster a more innovative workforce, leading to the development of new products, services, and processes that drive business growth and competitiveness. A work environment that prioritizes employee job satisfaction and innovation through effective leadership and culture can attract and retain top talent, essential for success in the dynamic financial sector.
Keywords: leadership style, employee job satisfaction, organizational culture, employee innovation behavior framework
DOI: https://doi.org/10.5861/ijrsm.2024.1025
Cite this article:
Hao, S. (2024). Leadership style employee job satisfaction and organizational culture: Basis for employee innovation behavior framework. International Journal of Research Studies in Management, 12(2), 143-154. https://doi.org/10.5861/ijrsm.2024.1025