Leadership Effectiveness and Sustainability of State-Owned Enterprises

Abstract

Governments across many African countries acknowledge that well-managed State-Owned Enterprises (SOEs) lead to economic growth and the upliftment of citizens' welfare and livelihoods. Hence, SOEs require effective leadership to achieve strategic objectives. The chapter aims to examine the relationship between leadership effectiveness and sustainability in SOEs following a literature review approach. This chapter is based on reviews of academic and popular literature utilizing deductive and inductive thinking approaches. The study found that there is a dearth of leadership effectiveness in most SOEs, which has an adverse effect on the operations of SOEs. The transformational, transactional, servant, authentic, adaptive, and situational leadership styles could be adopted in SOEs to ensure sustainability. This is essential to provide meaningful public goods and services that meet the needs of stakeholders.