INCREASING ORGANISATIONAL SUCCESS THROUGH MANAGEMENT STYLES OF MANAGERS IN HOUSING DEVELOPMENT INDUSTRY
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Abstract
This paper investigates the relationship between management styles (Leadership Styles) of the managers and external factors (Political, Economic, Sociological, Technological, and International/Globalisational Impacts: PEST+I/G), and levels of success of the housing development firms in North-eastern of Thailand. 251 samples of housing development managers were participated in the survey questionnaire. Different statistical techniques were applied to analyse data including Descriptive Statistics and Multiple Regression Analysis. Findings indicate that Transformational and Transactional leadership styles are supportive to the greater levels of success of the firms. More importantly, results also indicate that there is the mediation effect between the relationship of the management styles and level of success of the firms whilst the PEST+I/G have been found as mediator. Suggestions and recommendations are discussed together with the limitation for the future research.
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