Leader-Member Exchange Theory

The video tutorial introduces the Leader-Member Exchange (LMX) theory, highlighting its relational approach to leadership. It explains the benefits of high-quality LMX relationships, such as increased productivity and satisfaction among followers. The tutorial discusses the evolution of research on LMX, emphasizing the leader's duty to foster high-quality relationships with all followers. It outlines the phases of leader-member relationships, from strangers to partnerships, and provides guidance on developing high-quality LMX through liking, loyalty, and professional respect. The video concludes with a call for viewer engagement.

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