ROLE OF FACULTY MEMBERS IN NURTURING FUTURE LEADERS: AN EMPIRICAL STUDY OF INSTITUTES OF HIGHER LEARNING

The role of leadership is very much important in building a sustainable corporate and social system. The education institutes are playing an important role in nurturing future leaders for both. In this context the role of faculty members in higher education institutes is very much important as they contribute directly towards personality building. The following study seeks to determine the leadership style of faculty members in terms of transformational, transactional, or liassez-faire style and find out its relationship with extra effort, effectiveness, and satisfaction of the followers. This study is intended to suggest the most suitable leadership style for them as supported by empirical data. Data were collected from 265 faculty members serving different universities and disciplines, encoded in MS Excel 2007 and SPSS 18.0 and results were found out that which style predicts extra effort, effectiveness, and satisfaction of the followers. Implications and policy guidelines are discussed at the end to suggest the academicians that which style to adopt for the best of social and corporate systems development by providing quality staff.