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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.
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 ...
Among these approaches are contingency theory, the consideration and initiating structure model, leader-member exchange or LMX theory, path-goal theory, behavioural modification and transformational leadership theory. Contingency theory indicates that good leadership depends on characteristics of the leader and the situation. [41]
Political scholar James MacGregor Burns first developed his typology of leadership in his 1978 book Leadership. [2] He built on the work of German sociologist Max Weber's rational-legal model of authority in the context of organizational theory, conceptualizing leadership as a power-imbalanced social contract between leaders and subordinates, each of whom has specific goals that may be shared ...
LMX theory suggests that group members often separate into subgroups, as some members may have similar interests or personalities. In one of those groups, leaders have special relationships with an inner circle of assistants and advisors, who often get high levels of responsibility and access to resources.
Shared leadership is a leadership style that broadly distributes leadership responsibility, such that people within a team and organization lead each other. It has frequently been compared to horizontal leadership, distributed leadership, and collective leadership and is most contrasted with more traditional "vertical" or "hierarchical" leadership that resides predominantly with an individual ...