Head Teachers’ vision and influence on financial performance in Church of Uganda founded Secondary Schools

Abstract

Visionary leadership and financial performance of secondary schools are intertwined. Leaders with vision are increasingly recognized as a crucial in organizational success. This particularly is in Church of Uganda founded educational institutions in dioceses. This results in financial performance plays a pivotal role in sustainability and quality of education delivery. The study employs a mixed-methods approach, combining qualitative interviews and quantitative surveys. A total of 336 respondents were used to gather data. This had 311 quantitative respondents and 25 key informants. This was obtained from a sample eight of twenty-three secondary schools within the diocese. Key findings highlight that the vision is statistically significant. Quantitative analysis revealed that it has a coefficient correlation of 0.69 and a p value of 0.03 which indicates a strong correlation and statistically significant relationship between effective team leadership and financial health. The subsequent indicators such as budget management, resource allocation efficiency, and overall financial performance are essential and are dependent on vision. Visionary leaders are identified through their ability to articulate a compelling vision, inspire stakeholders, and strategically allocate resources to align with institutional goals. Recommendations include the need to foster professional development programs that enhance vision. Further, promotion of transparency in financial management practices, and a culture of innovation and strategic planning is essential.