Leader-Member Exchange Theory (LMX)

Explore the intricacies of Dansereau, Graen, and Hagas Leader Member Exchange Theory (LMX Theory) with this comprehensive mindmap. Learn about the main elements such as Role Making Process from both leaders and members perspectives, and the distinct dynamics between InGroup and OutGroup. Dive deep into underlying theories like Social Exchange Theory and Relational Lifecycle Theory that constitute the backbone of LMX. Understand the benefits yielded, such as increased job satisfaction and impr...

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Leader-Member Exchange Theory (LMX) により Mind Map: Leader-Member Exchange Theory  (LMX)

1. Origins

1.1. Developed by: Dansereau, Graen, and Hagan

1.2. In the 1970s

2. Phases of LMX Theory

2.1. Role-Taking Phase

2.1.1. Subordinate's capability and eagerness

2.1.2. First Impressions

2.2. Role-Making Phase

2.2.1. Evolution of role functions

2.2.2. Leader and subordinate define working relationships

2.3. Routinization Phase

2.3.1. Consistent interaction

2.3.2. Stabilized leader-member connections

3. In-group and Out-group

3.1. In-group

3.1.1. Highly trusted subordinates

3.1.2. High-performing, proactive members

3.1.3. Enjoy more access to resources and opportunities

3.2. Out-group

3.2.1. Less trusted or less engaged subordinates

3.2.2. Perform just the specified tasks

3.2.3. Lower interaction with the leader

4. Application in Management Practices

4.1. Create balanced working relationships

4.2. Improve mutual trust and respect

4.3. Encourage employee participation and proactivity

5. Links & Further Readings

6. Fundamental Concept

6.1. All Leaders are different, so do their relationships with subordinates

7. Importance of LMX Theory

7.1. Reveals how superiors and followers develop distinct bonds

7.2. Highlights the importance of effective leadership

7.3. Explains how leaders can motivate team members

8. Criticisms

8.1. Potential for favoritism

8.2. May lead to perception of injustice

8.3. Difficulties in managing larger groups

9. Relevant Research Studies