"The Impact of Transformational Leadership on Employee Performance: A Study of ICICI Bank Employees in Rajasthan"

Abstract

This study set out to investigate if transformational leadership adoption in the banking industry is associated with improved employee performance. The high rates of employee turnover in the banking industry, which have an adverse effect on employee performance by causing the loss of key personnel, served as the impetus for the study. Although there are a number of factors that affect employee turnover in the banking industry, the concept of this study was that employees' performance is more significantly impacted by the leadership style that banks choose. Therefore, the goal of this study was to determine how transformational leadership affects worker performance. Its conclusions add to the comprehension of the connection between worker performance in the banking industry and transformative leadership. Explanatory research design and positivist philosophy were employed in the study. Data was gathered by means of a survey. According to the study's findings, implementing transformational leadership increased worker productivity, commitment, loyalty, and motivation. The study came to the conclusion that workers perform better when they are exposed to features of transformational leadership. In order to improve staff performance, it is advised that banking industry leaders embrace transformational leadership, which is based on intellectual stimulation, personalized consideration, and inspirational motivation.