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Leadership and organizational competencies: A perspective within the Competitive Values Framework

Abstract:

Introduction: In today's business environment, the speed to understand one's own culture, the commitment of leaders and the competencies to be developed, are considered a competitive advantage and are key aspects of business success. Methodology: The research was quantitative based on the application of an instrument that measures leadership styles and predominant competencies to 441 leaders of a large private financial organization in Quito, Ecuador. Results: Leadership styles obtained correlations higher than 60% with their associated competencies. In addition, for the four types of culture, the two associated leadership styles have statistically significant and positive correlations. Discussion: The competencies associated with each culture according to the model are not exclusive to the leadership styles of their own culture and therefore leadership effectiveness is not based on leaders using a management approach based on a limited number of competencies, but on their sophisticated and innovative combination. Conclusions: To maximize leadership effectiveness, it is crucial to align competencies and leadership styles with the type of prevailing organizational culture or that which one wishes to promote.