Leadership, Accountability and Performance of the Private Sector

Abstract

The study explores the nexus between leadership and accountability in ensuring performance of the private sector. The objective was to examine the role of leadership in relation to accountability in ensuring private sector performance. The adopted methodology for this paper is the survey design embodied in the Conventional Content Analysis. Goldberg (1965) Commander Theory was the theoretical framework of analysis. The theoretical perspective rests on the assumption that while an owner of resources may also be the controller of those resources, yet, ownership and control are two separate notions. Findings show that the private sector has fared well in terms of performance above the public sector because of sound financial management, investment/capital control, incessant quest for competition, minimal politics/zero antagonistic unionism among others. It is recommended that since the relationship between leadership and accountability leads to maximum performance in the private sector, the private sector should anchor more on leadership effectiveness in order to maintain the momentum of high performance in goods and service delivery.