Contents

Introduction 2 Literature Review: 3 Personal view of the scholarly literature 5 Personal experience with topic area 6 Why this research is important to an operational leader 7 Summary 8 References 9

Transformational leadership in IT industry
Introduction

Over the past few decades, changes have been happening at a very fast rate. These changes are seen in every minute thing around us. Significant changes have taken place in the way the companies’ work which has in turn affected the life of people. The changes in the working of an organization have been brought due to the technological advancement, and the availability of better and more efficient processes and techniques leading to better utilization of resources and higher productivity. One of the industries that have seen constant growth is the IT industry. The dot com bubble from 1991-2000 brought significant changes and led the growth of the IT industry. Today IT industry employees the maximum number of people and is one of the fastest growing sectors, but is still highly affected when the economy goes slow and has to slack a large number of its employees during recession. Thus only acquiring advanced technology and process is not enough. The innovation of such processes and their implementation throughout the organization depends on the top management of the organization. The way a leader thinks, decides the strategy and manages the resources define to a great extent the future of the organization. There have been many cases where a loss making organization has turned into a profitable one and vice versa just because of the kind of leadership they have. Many organizations that were near to a closure have been rejuvenated because of their visionary and charismatic leaders. Thus comes the concept of transformational leadership where the leader motivates its people through a number of