LEADERSHIP _E_12BSP1130_ Saurabh Midha

LEADERSHIP

What are your thoughts about what a LEADER is all about…?

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LEADER-MEMBER EXCHANGE THEORY

CONTENDS THAT…..

► LEADERSHIP, is not something that leaders simply “do” towards their subordinates ,but is instead a process that is centered on the interactions between the Leader and the Followers. ► ” no average leadership style” can be applied to all followers given the array of ‘Personalities’ , ‘Circumstances’, Competencies and degree of commitment present in the working environment.

THE ORGANIZATIONAL BENEFITS OF

LEADER MEMBER EXCHANGES

Less Employee TurnoverMore Positive Performances EvaluationsHigher Frequency of PromotionsMore Desirable Work AssignmentsBetter Job Attitudes Faster Career Progress (over 25-30 years)

When LEADERS & FOLLOWERS have good exchanges, they feel better, accomplish more & the ORGANIZATION prospers

Criticisms of LMX Theory

LMX Theory fails to explain the particulars of how high-quality exchanges are created

LMX Theory is objected on grounds of fairness and justice as some followers receive special attention of leaders at workplace and other followers do not.