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Personal Effectiveness vs. Company Efficiency When Working Remotely and the Role of Transformational Leadership in Remote Work
Volkov O. O., Krasnokutska N. S.

Volkov, Oleksii O., and Krasnokutska, Nataliia S. (2024) “Personal Effectiveness vs. Company Efficiency When Working Remotely and the Role of Transformational Leadership in Remote Work.” Business Inform 5:310–319.
https://doi.org/10.32983/2222-4459-2024-5-310-319

Section: Management and Marketing

UDC 005.95/.96:331.3

Abstract:
In today’s world, where remote work is becoming the norm, it is important to understand how it affects organizational efficiency and personal productivity. The presented study examines the impact of remote work on these aspects through the lens of transformational leadership. The main task of the research work is to identify strategies that will help organizations effectively adapt to new working conditions, maximize the potential of their teams and scale the business. The methodology includes qualitative methods, such as Establishment surveys, analysis of working hours and staff efficiency according to data of the Jira system. The sample consists of 50-60 employees of various specialties. The results show that productivity increased by 15–25% due to the lack of commutations and better concentration, although there are challenges with logistics and communication. Further research should focus on the impact of transformational leadership on remote work and improvements in data collection methods. The practical significance of the research lies in recommendations for organizations to adapt to remote work, which will help maintain employee motivation and competitive advantages. Social impacts include improved working conditions and reduced stress among employees. The originality of the study lies in the analysis of the role of transformational leadership in the context of remote work, which adds new knowledge in the field of management.

Keywords: remote work, transformational leadership, personal productivity, organizational efficiency, employee motivation, innovation, flexibility in work, communication in a team.

Fig.: 4. Tabl.: 1. Bibl.: 11.

Volkov Oleksii O. – Postgraduate Student, Department of Management, National Technical University «Kharkiv Polytechnic Institute» (2 Kyrpychova Str., Kharkіv, 61002, Ukraine)
Email: [email protected]
Krasnokutska Nataliia S. – Doctor of Sciences (Economics), Professor, Research Associate, Faculty of Economics and Business Administration, Comillas Pontifical University (23 de Alberto Aguilera Str., Madrid, 28015, Spain)
Email: [email protected]

List of references in article

Burns, J. M. Leadership. New York, NY: Harper & Row, 1978.
Bass, B. M. Transformational Leadership: Industrial, Military, and Educational Impact. Mahwah, NJ: Lawrence Erlbaum Associates, 1998.
Bass, B. M., and Avolio, B. J. Full range leadership development: Manual for the multifactor leadership questionnaire. Palo Alto, CA: Mindgarden, 1997.
Meiryani et al. “The Effect of Transformational Leadership and Remote Working on Employee Performance During COVID-19 Pandemic“. Frontiers in Psychology, art. 919631, no. 13 (2022). DOI: https://doi.org/10.3389/fpsyg.2022.919631
Yang, L. et al. “The effects of remote work on collaboration among information workers“. Nature Human Behaviour, vol. 6, no. 1 (2022): 43-54. DOI: https://doi.org/10.1038/s41562-021-01196-4
Kawiana, I. G. P. “Utilization of Information and Communication Technology in Performance Management: For a Better Organization“. Neo Journal of Economy and Social Humanities, vol. 2, no. 3 (2023): 186-193. DOI: https://doi.org/10.56403/nejesh.v2i3.126
Morrison-Smith, S., and Ruiz, J. “Challenges and barriers in virtual teams: a literature review“. SN Applied Sciences, art. 1096, vol. 2, no. 6 (2020). DOI: https://doi.org/10.1007/s42452-020-2801-5
Pokojski, Z., Kister, A., and Lipowski, M. “Remote Work Efficiency from the Employers' Perspective - What's Next?“ Sustainability, art. 4220, vol. 14, no. 7 (2022). DOI: https://doi.org/10.3390/su14074220
Hackney, A. et al. “Working in the digital economy: A systematic review of the impact of work from home arrangements on personal and organizational performance and productivity“. PLOS ONE, art. 0274728, vol. 17, no. 10 (2022). DOI: https://doi.org/10.1371/journal.pone.0274728
Countouris, N. et al. “The future of remote work“. Brussels, 2023. https://www.etui.org/sites/default/files/2023-05/The%20future%20of%20remote%20work_2023.pdf
Raj, R. et al. “The study of remote working outcome and its influence on firm performance“. Social Sciences & Humanities Open, art. 100528, vol. 8, no. 1 (2023). DOI: https://doi.org/10.1016/j.ssaho.2023.100528

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