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The leader–member exchange (LMX) theory is a relationship-based approach to leadership that focuses on the two-way relationship between leaders and followers. [1]The latest version (2016) of leader–member exchange theory of leadership development explains the growth of vertical dyadic workplace influence and team performance in terms of selection and self-selection of informal ...
The Vertical Dyad Linkage Theory is a theory that deals with the individual dyadic relationships formed between leaders and their subordinates. [1] It is also widely known as The Leadership-Member Exchange (LMX) Theory. [2] Originally, the theory has been developed by Fred Dansereau, George Graen and William J. Haga, in 1975. [3]
Leader–member exchange (LMX) theory addresses a specific aspect of the leadership process, [76] which evolved from an earlier theory called the vertical dyad linkage model. [77] Both of these models focus on the interaction between leaders and individual followers.
"At its heart is the leader's self-awareness, his progress toward self-mastery and technical competence, and his sense of connection with those around him. It's the inner core, the source, of a leader's outer leadership effectiveness." (Scouller, 2011). The idea is that if leaders want to be effective they must work on all three levels in parallel.
Several factors have been found to influence the level of leader-member exchange. LMX is higher when a groups workers and leaders are of the same gender and when they share the same growth-need strength, that is, the need for achievement and accomplishment. personality also affects leader-member exchange. Schultz & Schultz, Duane (2010).
Innovation leadership has roots in path-goal theory and leader-member exchange theory. Certain elements within an organization are also needed for innovation leadership to succeed. Wolfe (1994), [18] as cited by Sarros, Cooper, & Santora, (2008) [4] has pointed out that one antecedent factor for innovation is organizational culture.
In social exchange theory the effect of ethical leadership on followers is explained by transactional exchanges between the leader and their followers. The leader's fairness and caring for followers activates a reciprocatory process, in which the followers act in the same manner towards the leader. [4]
The Implicit Leadership Theory (ILT) asserts that people's underlying assumptions, stereotypes, beliefs and schemas influence the extent to which they view someone as a good leader. Since people across cultures tend to hold different implicit beliefs, schemas and stereotypes , it would seem only natural that their underlying beliefs in what ...