TRANSFORMATIONAL LEADERSHIP: ENHANCING CORPORATE ENTREPRENEURSHIP FOR FOSTERING COMPETITIVENESS

This study examines the influence of transformational leadership on corporate entrepreneurship, and analyzes the impact of the different dimensions of both constructs on each other. A quantitative research method was employed, and data was collected via a questionnaire. The participants of this study were 300 employees working in private hospitals in Pakistan. The findings revealed that intellectual stimulation, idealized influence, inspirational motivation and individual consideration have substantially significant and insignificant impact on new business ventures, self-renewal and innovativeness. Transformational leadership dimensions seem to exist within the corporate entity, which need to be synergized with new business ventures, innovativeness, and selfrenewal to enhance corporate entrepreneurship. Thus, we examine the relationship between transformational leadership and corporate entrepreneurship in private hospitals in Pakistan, which has implications for current leadership issues such as diversity and competitiveness in the workplace.