LEADERSHIP STYLES AS PREDICTORS TO SUCCESS OF SCIENTIFIC-RESEARCH INSTITUTIONS IN BOSNIA AND HERZEGOVINA

Abstract

Changes that accompany the 21st century require, as well as to various economic subjects as well as scientific-research institutions, constant awareness and readiness to expedite endeavors. Searching for competitiveness, and thus success, management requires that almost all resources are provided to meet the fulfillment of goals, and establish adequate relationships and culture within the organization. Significant role in this process certainly has a leadership phenomenon that is a key function in business. The leader of scientific-research institutions must possess charisma, a clear vision, and there is also a person the followers point loyalty to.
The paper presents the results of the research conducted with the aim to determine the influence of leading styles on better business results and greater competitiveness of the scientific research institutions (43 institutions) of Bosnia and Herzegovina. The results showed that management of 79% of institutions preferred the transactional style of leadership. The results (F (3,326) = 11.20; p=.03; f²=.26)) also show that leadership styles can explain 20.4% of the mid-effect criterion variance and the model as a whole is statistically significant. In addition - a statistically significant unique contribution gives only the transactional style of leadership (β =.487; p=.014).
Keywords: Styles of leadership, scientific-research institutions, performance indicators
JEL:I31, M12, M19