The Role of Empowerment Strategies in Achieving Organizational Effectiveness (An Analytical Study of Managers’ Views in a Sample of Private Banks in Erbil/ Iraq)
DOI:
https://doi.org/10.23918/ijsses.v5i3p110Keywords:
Empowerment Strategy, Sharing Information, Knowledge, Incentives, Organizational EffectivenessAbstract
This study aims to identify the role of the empowerment strategy that is represented by sharing information, freedom and independence, knowledge, and incentives in achieving organizational effectiveness that is also represented by achieving the banks’ objectives and effectiveness of internal processes from the managers’ views in a sample of private banks in Erbil/ Iraq. To achieve the objectives of this study, a questionnaire was constructed consisting of thirty four questions distributed among fifty managers in private banks, from which forty forms returned that were valid for analysis. The main objective of this study is to design a default model and test it in the field of study in order to understand how well they can be implemented as the empowering strategy to achieve the organizational effectiveness. This study found a correlation as well as an impact between empowerment strategy and organizational effectiveness. Based on the results, the study presented a set of recommendations among which the most important one was that private banks should adopt the empowerment strategy in a logical sequence that contributes in achieving an organizational environment supportive of an enable environment up to the practice of radical changes.
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