IDEALIZED INFLUENCE AND ORGANIZATIONAL INNOVATIVENESS OF SELECTED DEPOSIT MONEY BANKS IN BAYELSA STATE.

Kenneth Ujadughele (PhD)

Department of Management,

University of Port Harcourt,

Nigeria.

08023522231

ujaken@yahoo.com

Barnabas Suotonye Stanfast (PhD)

Department of Management,

Niger Delta University,

Nigeria.

08036716199

stanfastbarnabas@ndu.edu.ng

Abstract

This study examined selected deposit money banks in Bayelsa State and how idealistic influence and organizational innovation interacted. The study used a cross-sectional research design. Out of the sixty-six (66) distributed questionnaires, sixty-two (62) copies were retrieved and examined during the field survey. The statistical tool Spearman’s rank order correlation coefficient was used to determine the link between the variables. The measures of organizational innovativeness (process and product innovations) and the predictor variable idealistic influence were shown to be strongly positively correlated. It was determined that the innovativeness of deposit money institutions in Bayelsa State considerably positively correlates with idealized influence. The study recommended that deposit money banks increase their capacity for innovation by hiring leaders with the ability to motivate, inspire, and develop followers with exceptional leadership skills that will produce improved results, as well as help followers align their own goals with those of the banks.

Keywords: Idealized influence, Organizational innovativeness, Process innovation, Product innovation.