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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]
She studied leader-member exchange (LMX) and in 1992, published a paper presenting a new 6-itemed LMX scale named as LMX-6. [6] She re-examined the Ohio state leadership study, conducted in the 1970s, and discussed the variations in the results, along with discussing the implications for leadership theory and research. [7]
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.
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The focus in LMX theory is on how leaders and followers engage together to generate high quality work relationships that allow them to produce effective leadership outcomes. [49] While LMX theory does acknowledge followers in the relational process, it is still more leadership – than followership – focused in that it privileges the leader ...
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.
For example, Leader-Member Exchange theory prescribes that product managers uniquely design their teams for maximum sources of collaboration by proactively fostering unique strategic alliances between the leader and each team member and between each team member before turning to the other big five steps in competing team leadership.[3]