What is Leader-Member Exchange (LMX)?
Leader-Member Exchange (LMX) is a theoretical framework that examines the quality of relationships between leaders and their subordinates within an organization. This concept, developed by George Graen and Richard Cash in the 1970s, emphasizes the importance of the interaction between leaders and individual members of their team. LMX focuses on the extent to which leaders develop strong, positive relationships with some members while maintaining a more distant, transactional relationship with others. This framework has gained significant attention in the field of organizational behavior due to its potential impact on employee performance, job satisfaction, and overall organizational effectiveness. In this article, we will explore the key aspects of LMX, its implications for organizations, and its role in fostering a positive work environment.
