Leadership is critical in achieving performance and yet not exhausted, keeping scholars to uncover more findings on effective leadership styles. This study expected to identify the effective leadership style for enhanced employee performance in the banking industry in Sri Lanka. The banking industry has a unique work environment that stresses performance targets, long working hours, and error-free transactions while making the customers happy. Thus, leadership is a critical stimulus that this study focused on. The findings illustrate that transformational leadership style is the most present style among the bankers in Sri Lanka, and employee performance is above average with transformational leaders. Overall, scores in the transformational leadership style were found to be strongly correlated with employee performance. The results suggest that supervisors in the banking sector need to use a lot of transformational leadership behaviours or rather embrace a transactional leadership style. The implications of the study are significant in HR practices like recruiting and training managers as leaders in the banking sector.Keywords: leadership style, transformational leadership, MLQ, transactional leadership, employee performance).

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59psychological needs for autonomy (psychological freedom), competence (enhancement of one's abilities and skill) and relatedness (meaningful connections with others) and once they are achieved, individuals feel motivation. This paper discusses the Self Determination Theory (SDT) as a theory of motivation to enlighten the understanding of organizational researchers and practioners. The SDT is another motivtion theory which has received little attention of the researchers to complement the application of traditional motivation theories. Therefore this paper proclaims that SDT provides a useful conceptual tool for motivating people from extrinsic motivation to intrinsic automonus motivation.The aim of this paper is to expand the understanding of this theory and its relevance to the practical application in a work setting. Furthermore, it is proposed that a consideration of motivation from a self-determination theory perspective will help in reaching a better understanding of the motivation processes, which could inform development of impactful motivational plans for work settings. From the knowldge aspect this paper will creat the attention of the interested researchers and allow them to proceed further studies along this route. Self Determination TheoryIn the broadest sense, the theory, as it has developed over the past quarter century, discusses that motivation develops from within us, grounded in our basic human needs to develop our skills and capacities, need to act of our own accord, and need to connect to others and to the environment. Deci & Ryan, (2008) refer these needs as "need for competency, need for autonomy, and need for relatedness." The theory basically assumed that competency, autonomy, and relatedness needs are the basic psychological needs. These psychological needs are further described below.

This study identifies a number of charismatic leadership characteristics of school teachers in Sri Lanka. Since charisma is an instrumental asset in any work context, leaders’ charismatic characteristics can make extraordinary effects on follower toward mission accomplishment. In the teaching-learning context, teachers are viewed as great leaders that make magnificent transformations in the students. A teacher becomes the leader in the classroom as well and they are playing a significant role to build a culture of learning in the classroom that, finally everyone benefits. Therefore charismatic leadership characteristics in teachers as leaders can make the teaching-learning process more and more effective. This study followed a qualitative research approach, collecting data from interviewing twenty school teachers. It was reported that most of the school teachers are leaders with charismatic characteristics such as mission formulation for the students, unconditioned commitment towards the students’ accomplishments, trust on the students, taking personal risk in directing students, demonstration of unusual behaviors and emotional arousal through attractive communication. The implication of this study is imperative for teacher training and performance appraisals.Keywords: Teacher leadership, charismatic leadership, teaching-learning process, school teachers

The goal of this paper is to review the concept of Charismatic Leadership in virtual teams within the self-determination framework and develop a model to explain how charismatic leadership caused self-determined behaviors. Since virtual context is reasonable for self-determined behavior, it is assumed that, charismatic leadership in virtual teams promotes autonomous motivation in followers and finally leads self-determined behavior by way of satisfying follower need for autonomy, need for competence and need for relatedness. The objective of this paper is to widening the understanding of charismatic leadership in a different context (i.e. in virtual teams) with the supplement of best validated theory of motivation. The implication of this paper provides theoretical explanation of effects of charismatic leadership from the perspective of Self Determination Theory (SDT) which will be a novel interpretation to both these theories. Additionally this investigation raises understanding of motivational effects of charismatic leadership in the virtual context.