11.3: Describe leader-member exchange and the role it plays Flashcards
What is Leader-Member Exchange (LMX)? (LO 11.3)
LMX refers to the quality of the relationship between employees and their leaders. High LMX relationships are strong and positive, while low LMX relationships are poor.
What are some key benefits of strong LMX relationships?
Increased employee citizenship behavior
Higher employee performance ratings
Greater employee satisfaction
Reduced turnover
Enhanced organizational commitment
How does strong LMX affect employee attitudes and behaviors?
Employees in high LMX relationships are more productive, helpful, satisfied, committed to the organization, and less likely to leave their jobs.
What did Gottfredson and Aguinis find about LMX?
Their study of 3,327 studies (930,349 observations) found that LMX is the main mechanism through which leadership influences employee performance.
What are the most important predictors of strong LMX relationships?
Leader contingent rewards (.73 correlation)
Transformational leadership (.73 correlation)
Leader trust (.73 correlation)
What leadership behaviors are key to building strong LMX relationships?
Providing contingent rewards, showing transformational leadership, and fostering trust between leader and employee.
What is the “full range of leadership” approach?
A combination of transactional and transformational leadership, which together create a comprehensive leadership strategy.