Wisdom Leadership and Its Role in Enhancing the Internal Innovation Performance In the Banking Sector

Authors

  • Haseba Hamad Business management department, Economic and Administration College Salahaddin University-Erbil, Erbil, Kurdistan Region, Iraq
  • Yousif Maghdid Business management department, Economic and Administration College Salahaddin University-Erbil, Erbil, Kurdistan Region, Iraq

DOI:

https://doi.org/10.23918/ejmss.V3i2p26

Keywords:

Wisdom Leadership, Innovation Performance, Banking Sector

Abstract

Service innovation is critical to organizations’ success in a competitive marketplace, where customers increasingly demand better services. This study aims to investigate if and how wisdom leadership helps organizations increase service innovation performance. The study questionaries were conducted with 191 participants in the 30 different private bank sectors in Erbil, KRI. The conceptual framework of this study led to three main hypotheses and subhypothesizes; our analysis showed positive correlations between wisdom leadership and, service innovation performance and significant impacts on each one. According to this thesis’s data analyses, Banks will get the highest point of service innovation performance through cultivating wisdom leadership in the workplace in which enhances well-being among employees.

References

Grindle, M., 2012. Good governance: The inflation of an idea. Planning ideas that matter,

pp.259-282.

Krog, C.L. and Govender, K., 2015. The relationship between servant leadership and employee

empowerment, commitment, trust and innovative behaviour: A project management

perspective. SA Journal of Human Resource Management, 13(1), pp.1-12.

Leonard, D. and Rayport, J.F., 1997. Spark innovation through empathic design. Harvard

business review, 75, pp.102-115.

Adams, A., 2007. Developing leadership wisdom. International Journal of Leadership in Public

Services.

Habitat, U.N., 2013. State of the world’s cities 2012/2013: Prosperity of cities. Routledge.

Prajogo, D.I. and Sohal, A.S., 2006. The integration of TQM and technology/R&D management

in determining quality and innovation performance. Omega, 34(3), pp.296-312.

Volume 3, Issue 2, 2022 Page 37 of 39

EJMSS

Yeo, R.K., 2021. Know thyself: Leading through the core of you in times of

turbulence. Organizational Dynamics, 50(4), p.100800.

Fry, L.W., 2003. Toward a theory of spiritual leadership. The leadership quarterly, 14(6),

pp.693-727.

Owens, B.P., Johnson, M.D. and Mitchell, T.R., 2013. Expressed humility in organizations:

Implications for performance, teams, and leadership. Organization Science, 24(5), pp.1517-

1538.

Weixu, D.I.N.G., 2020. A Study of Nonaka’s Wise Leader Practices and an Image of Leadership

from the Perspective of Subordinates to Promote Management Innovation Performance via

Stimulating Employee’s Knowledge Sharing Aspiration (Doctoral dissertation, Doctoral

Thesis, Ritsumeikan University).

Ardelt, M., 2003. Empirical assessment of a three-dimensional wisdom scale. Research on

aging, 25(3), pp.275-324.

Amin, Z. and Akbar, K.P., 2013. Analysis of psychological well-being and turnover intentions of

hotel employees: An empirical study. International Journal of Innovation and Applied

Studies, 3(3), pp.662-671.

Sternberg, Robert J. (2005) “A model of educational leadership: Wisdom, intelligence, and

creativity, synthesized.” International Journal of leadership in Education 8, no. 4 347-364.

Sternberg, R.J. (1985) Beyond IQ. New York: Cambridge University Press.

Holliday, S. G., & Chandler, M. J. (1986). Wisdom: Explorations in adult competence.

Contributions to human development.

Kramer, D. A. (2000). Wisdom as a classical source of human strength: Conceptualization and

empirical inquiry. Journal of social and clinical psychology, 19(1), 83-101.

Rahmani, Nayereh, and NIKOO DIALAMEH. “A wisdom-based leadership model from an

Islamic perspective for educational organizations.” (2019): 53-78.

Yang, S. Y. (2001). Conceptions of wisdom among Taiwanese Chinese. Journal of Cross-

cultural psychology, 32(6), 662-680.

Staudinger, U. M. (1996). Wisdom and the social-interactive foundation of the mind.

Gibson, Cristina B., and Dana M. McDaniel. “Moving beyond conventional wisdom:

Advancements in cross-cultural theories of leadership, conflict, and teams.” Perspectives on

Psychological science 5, no. 4 (2010): 450-462.

Asman, W.A., 1994: Emission and deposition of ammonia and ammonium. Nova Acta Leopold,

70, 263-297.

Volume 3, Issue 2, 2022 Page 38 of 39

EJMSS

Kessler, E. H., & Bailey, J. R. (2007). Handbook of organizational and managerial wisdom. Sage

Publications.

Sternberg, R. J. (1985). Implicit theories of intelligence, creativity, and wisdom. Journal of

personality and social psychology, 49(3), 607.

Bennis, W. (2007). The challenges of leadership in the modern world: Introduction to the special

issue. American psychologist, 62(1), 2.

R. W. Heath, D. J. Love, B. D. Rao, V. Lau, D. Gesbert and M. Andrews, “Exploiting limited

feedback in tomorrow’s wireless communication networks,” in IEEE Journal on Selected

Areas in Communications, vol. 26, no. 8, pp. 1337-1340, October 2008, doi:

10.1109/JSAC.2008.081001.

Clayton, V. (1983). Wisdom and intelligence: The nature and function of knowledge in the later

years. The International Journal of Aging and Human Development, 15(4), 315-321.

Moody, H. R. (1983). “Late life learning in the information society”. In Education and aging,

Edited by: Peterson, D. A., Thornton, J. E. and Birren, J. E. 122–148. Englewood Cliffs, N.J.:

Prentice-Hall.

Ardelt, M., 2004. Where can wisdom be found?. Human Development, 47(5), pp.304-307.

Ardelt, M., 2005. How wise people cope with crises and obstacles in life. ReVision, 28(1), pp.7-

20.

Diener, E., Larsen, R.J., Levine, S. and Emmons, R.A., 1985. Intensity and frequency:

dimensions underlying positive and negative affect. Journal of personality and social

psychology, 48(5), p.1253.

Webster, J.D., 2003. An exploratory analysis of a self-assessed wisdom scale. Journal of Adult

Development, 10(1), pp.13-22.

Faivre, N., Fritz, M., Freitas, T., De Boissezon, B. and Vandewoestijne, S., 2017. Nature-Based

Solutions in the EU: Innovating with nature to address social, economic and environmental

challenges. Environmental research, 159, pp.509-518.

Enz, C.A., 2012. Strategies for the implementation of service innovations. Cornell Hospitality

Quarterly, 53(3), pp.187-195.

Papastathopoulou, P. and Hultink, E.J., 2012. New service development: An analysis of 27 years

of research. Journal of Product Innovation Management, 29(5), pp.705-714.

Toivonen, M. and Tuominen, T., 2009. Emergence of innovations in services. The Service

Industries Journal, 29(7), pp.887-902.

Lin, F.R. and Hsieh, P.S., 2014. Analyzing the sustainability of a newly developed service: An

activity theory perspective. Technovation, 34(2), pp.113-125.

Volume 3, Issue 2, 2022 Page 39 of 39

EJMSS

Savino, T., Messeni Petruzzelli, A. and Albino, V., 2017. Search and recombination process to

innovate: a review of the empirical evidence and a research agenda. International Journal of

Management Reviews, 19(1), pp.54-75.

Gotsch, M. and Hipp, C., 2012. Measurement of innovation activities in the knowledge-intensive

services industry: a trademark approach. The Service Industries Journal, 32(13), pp.2167-

2184.

Perks, H., Gruber, T. and Edvardsson, B., 2012. Co‐creation in radical service innovation: a

systematic analysis of microlevel processes. Journal of product innovation

management, 29(6), pp.935-951.

Den Hertog, P., Van der Aa, W. and De Jong, M.W., 2010. Capabilities for managing service

innovation: towards a conceptual framework. Journal of service Management.

Lee, K.H. and Hyun, S.S., 2016. An extended model of employees’ service innovation behavior

in the airline industry. International Journal of Contemporary Hospitality Management.

Garg, S. and Dhar, R., 2017. Employee service innovative behavior: The roles of leader-member

exchange (LMX), work engagement, and job autonomy. International Journal of Manpower.

Yahaya, R. and Ebrahim, F., 2016. Leadership styles and organizational commitment: literature

review. Journal of management development.

Sharma, M.K. and Jain, S., 2013. Leadership management: Principles, models and

theories. Global journal of management and business studies, 3(3), pp.309-318.

Cheng, J.W., Chang, S.C., Kuo, J.H. and Cheung, Y.H., 2014. Ethical leadership, work

engagement, and voice behavior. Industrial Management & Data Systems.

De Jong, J.P. and Den Hartog, D.N., 2007. How leaders influence employees’ innovative

behaviour. European Journal of innovation management.

Dillman, D.A., 2000, June. Procedures for conducting government-sponsored establishment

surveys: Comparisons of the total design method (TDM), a traditional cost-compensation

model, and tailored design. In Proceedings of American statistical association, second

international conference on establishment surveys (pp. 343-352).

Downloads

Published

2022-09-20

Issue

Section

Articles

How to Cite

Hamad , H., & Maghdid, Y. (2022). Wisdom Leadership and Its Role in Enhancing the Internal Innovation Performance In the Banking Sector. Eurasian Journal of Management & Social Sciences - Open Access, 3(2), 26-39. https://doi.org/10.23918/ejmss.V3i2p26

Similar Articles

1-10 of 37

You may also start an advanced similarity search for this article.