Assessing How Institutional Culture and Leadership Choices Shape Financial Success in Education Institutions

Abstract

The purpose of this study is to investigate the relationship between leadership choice and the subsequent impact of institutional culture on financial performance of education institution. This study followed a quantitative research design. The results were analyzed using SPSS 29 and the survey used in this study has four distinct sections. The demographic questions are included at the beginning of the survey. Section two contains the Leadership Questionnaire. In the third segment, the institutional culture assessment of the organization. The questionnaire concludes with a tool for assessing financial performance. The study's objective suggests that institutional culture and leadership style may have an impact on financial performance. The correlation analysis shows that student-oriented cultures are positively correlated with transactional leadership, whereas collaborative cultures are negatively correlated with clan cultures. All cultural types have a correlation with the transactional-transformational leadership style. A wide range of cultural factors have a direct correlation with financial performance. According to the study's findings, financial performance is positively correlated with transactional-transformational leadership and negatively correlated with transactional leadership. A statistically significant correlation has been found between transformational leadership style and all cultural types. An innovative culture and transformational leadership have a statistically significant correlation with education institutions financial performance.  Institutional culture has a significant impact on both financial performance and leadership effectiveness. The quality of an institution's leadership has a significant impact on its financial performance. According to the study's findings, an institution that prioritizes students and embraces innovation can improve its financial performance. When tasks are defined in terms of policies, procedures, and rules, and students are made aware of the goals, their performance improves. It has been proven that a collaborative clan culture boosts employee performance.

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