Leadership

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Leadership 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 leadership arena. Various researchers and writers have established the validity of these concepts. A number of writers emphasize the role of fairness in the relation between a leader and a follower. In this essay I will try to compare and contrast two theories in relation to their capacity to develop differing qualities of supervisor-subordinate relationship. First we view main aspects of LMX and transformational leadership models and then discuss them in relation to their capacity to develop differing qualities of supervisor-subordinate relationships.

LMX theory emphasizes the quality of the relationships formed between members of dyad, rather than just examining the behavior and traits of them. LMX has been defined as a system of components and their relationships, involving both leader and follower, in interdependent patterns of behavior, sharing mutual outcome instrumentalities, and producing conceptions of environment and values. This theory explains the main point of exchange between two individuals and helps leaders accomplish their intentions when forming a relationship with a subordinate.

LMX theory states that the centered process of leadership is in the interaction between leaders and followers.

Make out some strengths of LM...

... middle of paper ...

...“Fairness in Leader-Member Exchange Theory: Do We All Belong on the Inside?” Kravis Leadership Institute Leadership Review, Summer 2002.

(http://www.leadershipreview.org/2002summer/article1_summer_2002.asp) viewed 03.05.2008

7. Greg Thomas, “Leader-Member Exchange Theory (LMX)”, Leadership Tip of the Month, November 2003. (http://www.leadingtoday.org/Onmag/nov03/LMX112003.html) viewed 02.05.2008

8. Tucker, Bruce A. ; Russell, Robert F., “The influence of the transformational leader”, Journal of Leadership & Organizational Studies, 2004. (http://goliath.ecnext.com/coms2/summary_0199-2375126_ITM) viewed 5.05.2008

9. Shaun Killian (MEd, MLead), “A practical overview of leadership theories”, Australian Leadership Development Centre, 2005-2007. (http://www.leadershipdevelopment.edu.au/Content_Common/pg-effective-theory.seo#personal%20tran) viewed 05.05.2008

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