What is leader–member exchange model?

Ciccarelli: Psychology_5 (5th Edition)
5th Edition
ISBN:9780134477961
Author:Saundra K. Ciccarelli, J. Noland White
Publisher:Saundra K. Ciccarelli, J. Noland White
Chapter1: The Science Of Psychology
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What is leader–member exchange model?

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The leader-member exchange model/theory is also denoted as the LMX theory/model. It is determined as one of the approaches to leadership based on the specific relationship and aims at the dyadic or two-way relationship between followers and leaders. The theory suggests that specific leaders tend to select the best and generally makes certain offers but it depends on the team members whether they accept it or not. 

 

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