Employee perceptions on leadership styles in LIC and reliance insurance: A case study

In the global era since there is a lot of awareness among the people and among the employees especially in the organizations they should be treated carefully, motivated and influenced in the work situation. At present the success and failure of organizations is attributed to the effectiveness of leaders in the organizational setting. The present study focuses on how the employees in public sector (LIC) and private sector (Reliance Insurance) perceive their leaders, their leadership styles and differences in leadership in both the sectors. Among the different districts of Andhra Pradesh, the Coastal Districts of Guntur, Krishna, Nellore and Prakasam have been purposively selected for the present study. There are 10 branches of LIC in Guntur district, 11 branches of LIC in Krishna district, 7 branches of LIC in Nellore district and 6 branches of LIC in Prakasam district. There are 8 branches of Reliance Insurance in Guntur district, 9 branches of Reliance Insurance in Krishna district, 6 branches of Reliance Insurance in Nellore district and 6 branches of Reliance Insurance in Prakasam district. The employees of both LIC and Reliance Insurance have been selected by adopting stratified random sampling technique. The sample size for the present study is 300. The tools for data analysis are weighted mean, T-test, F-test ANOVA, discriminant analysis, canonical correlation and standard matrix.