Leader Member Exchange Theory Leadership Essay - 1430 Words

QN. 1 Leader-member Exchange Theory Leader-member exchange (LMX) is a theory that describes the roles and relationships that developed over a period of time between a leader and his or her subordinates (Yukl, (2013). In other words, as the leader interacts with subordinates, a mutual relationship that defines roles is developed. Every leader at some point develops a core number of trusted assistants, advisors and lieutenants that they can call upon to perform critical tasks. So this calls for high dependability, compatibility, trust, and competency on the part of the subordinates (Yukl, 2013). As the leader continues to exchange with the subordinates, â€Å"trust, loyalty, and support† develops and behavior gets reinforced (Yukl, 2013 p.222). A leader influences a follower by this close exchange and task-delegation. The follower become one of the inner circle employees and thus gets more authority in the eyes of the other team members. He or she is trusted by the leader and ge ts more important responsibilities. When important team decisions are necessary, the follower is the first to sell it and support the leader. A follower gets more crucial information from the leader sooner than the rest through the exchange. The employee also becomes more hard-working and shows loyalty, ending up with volunteering for harder and important responsibilities. A follower like that will end up getting promoted when an opportunity arises. QN. 2 Correcting follower performance deficienciesShow MoreRelatedLeadership Theories Of A Leader And Leader Member Exchange Theories1332 Words   |  6 Pagesyears, many leadership theories were developed that centered on the qualities of an effective organizational leader. However, there is more to being an effective leader than simply the qualities. The connections between a leader and subordinates are simply as vital in being an effective leader. The two theories that focus on relationships between the leader and subordinates are the Path-Goal Leadership and Leader-Member Exchange theories. Robert House developed the Path-Goal Leadership Theory in 1971Read MoreLeadership, Transformational Leader And Leader Member Exchange Theory958 Words   |  4 PagesIn Dessler chapter 2 it talks about leadership traits, the powers needed to become one, type of leader, transformational leader and the leader member exchange theory. The traits need to become a leader are to have drive, motivated to lead, honest, self-confidence, cognitive ability and know the business. Gigi has shown drive and cognitive ability when she kept going to school and finishing all the degrees and taking the state boards. She knows to what extent to be honest about and has self-confidenceRead MoreQuantum Leadership Vs. Leader Member Exchange Theory1788 Words   |  8 PagesQuantum Leadership vs. Leader-Member Exchange Theory Leadership is the ability to guide and inspire others to create a positive vision in prospects of enhancing an organization. Most leadership styles seek to understand the needs of followers and to motivate them to succeed. The evaluation of different leadership theories provides adequate insight into what makes a leader successful, so it’s important to analyze the traditional and new age leadership styles prior to application. Within the subsequentRead MoreThe Second Concept Leaders And The Civil Rights Movement987 Words   |  4 PagesThe second concept leaders must account is what followers are accustomed to. All three leaders discussed above had an easier transition, because all three countries were familiar with male leaders. This is typical because male leaders are sought to give stability and safety (Thoroughgood). Germany and Cuba would not have accepted anything other than a strong and confident male leader. The situation Jim Jones was in was slightly different due t o the numerous male leaders who supported both sides ofRead MoreThe Power Of Power During Turmoil862 Words   |  4 PagesLeaders are faced with many problems that they must overcome if they wish to succeed. However, the first and most important concept is how they interrupt their surroundings. In all three of the leader’s stories above one similarity stands out, that they rose to power during turmoil. This seems to be a simple coincidence, but contemplate how when the world seems to be running smoothly there is little pressure for new leaders to arise and even lesser a need for strong strict leaders. During turbulentRead MoreLeadership Essay1476 Words   |  6 PagesLeadership is one of the main areas of study nowadays. A number of books, articles, and research papers are written on this discipline and we receive much information about this. Leadership is a relationship between leaders and followers, and building this relationship requires an appreciation for the personal values of those who would be willing to give their ener ¬gy and talents to accomplish shared objectives. Transformational leadership and leader-member exchange are popular theories in the leadershipRead MoreShoud Spirituality Be Allowed in the Workplace?1148 Words   |  5 Pagesin management since the 1950’s (p.230). Leader Member Exchange relationship is based on social exchange, reciprocity and role has evolved as a crucial factor in fostering competiveness of most organizations. High quality exchange relationships are more likely to occur when leaders are honest, trustworthy, and concerned about the well being of their followers (Erdogan et al., 2006: Wayne et al., 2002). Ethical leaders are likely to develop high quality exchange relationships with their subordinatesRead More Comparing Two Leadership Theories Essay1006 Words   |  5 PagesThere are different leadership theories developed throughout the history. Most popular ones are trait theories, behavioral theori es, contingency theories, and leader-member exchange (LMX) theory. The author of the post will briefly discuss two theories, Fiedler contingency theory and Leader-Member Exchange (LMX), and compare and contrast their strengths and weakness. Fiedler’ model is considered the first highly visible theory to present the contingency approach. It stated that effective groupsRead MoreLeadership Goals And Strengths And Weaknesses1214 Words   |  5 Pages Leadership theories in and of themselves carry negative and positives characteristics. Within the various theories lie strengths and weaknesses that when applied to complex problems can highlight each one respectively. As I examine a few theories, I will look at the strengths and weaknesses of each and determine when and with which situation would these theories best be utilized. Collective leadership or distributive leadership, and leader-member exchange are both theories that incorporate specificRead MoreThe Case Model Of Leadership1462 Words   |  6 PagesGiven the description of the leadership situation facing the airplane crash survivors described on pages 2-3, how would leader-member exchange (LMX), the normative decision model, the Situational Leadership theory, the contingency model, and the path-goal theory prescribe that a leader should act? Answer) The contingency model of leadership is based upon the relationship between three aspects of leader-follower-situation model. Apart from this contingency model, leaders are assumed to act in a flexible