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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]
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 ...
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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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]
I plan on to add this to "Leader-Member Exchange Theory" 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.
In reviewing the older leadership theories, Scouller highlighted certain limitations in relation to the development of a leader's skill and effectiveness: [3] Trait theory: As Stogdill (1948) [4] and Buchanan & Huczynski (1997) had previously pointed out, this approach has failed to develop a universally agreed list of leadership qualities and "successful leaders seem to defy classification ...