Question

Select and analyze one of the following theories: Trait Approach, The leadership Grid, Leader-Member Exchange, or Servant Leadership.

In preparing your response to consider:

Which leadership theory did you select and why?

What are the key components of this leadership theory?

What is the impact of this theory on the practice of leadership, followers, and organizational results?

Answer 1

The Leader-member exchange theory has been selected. Reasons for selecting the theory are as follows:

• The theory properly encourages the relationship between employers and employees

• It ensures a higher subordinate satisfaction

• It ensures a greater employee engagement with the organization

• It develops teams or groups that positively impact on holistic productivity of an organization

• It reduces employee turnover

• Low work stress on a single employee

the key components of this leadership theory are as follows:

• Communication between managers and employees in the organization

• The organization is distinguished into a few small teams that have their respective goals and objectives. The groups are named as in-groups and out-groups

• Centered on the interaction between leaders and followers

• Promotes the growth of vertical dyadic workplace

• Trustworthiness among characters

• Benevolence for each employee

The impact of this theory on the practice of leadership is as follows:

• It makes leaders closer to their employees

• It allows leaders to assist employees physically

• Leaders can directly communicate with employees

The impact of this theory on followers is as follows:

• Followers can participate in the decision-making

• Reduces additional burden from single follower

• Makes followers think about team goal instead of individual goal

The impact of this theory on organizational results is as follows:

• Organizational culture becomes stronger

• Organizational goals are quickly achieved because of a team-based culture

• The employer-employee relationship becomes stronger

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