Which of the following is the core idea within Leader-Member Exchange (LMX) Theory?Leadership is based on extrinsic motivation, with an exchange of extrinsic rewards the primary job of a leader.Leaders differentiate among followers, considering some to be in their ‘in-group’ and some in their ‘out-group’.Leaders treat all followers equally, and can exchange any one follower for another within an effective team.Effective leadership requires a constant exchange (i.e., change) of who takes on the leadership role.
Leaders differentiate among followers, considering some to be in their ‘in-group’ and some in their ‘out-group’.
The core idea within Leader-Member Exchange (LMX) Theory is that leaders differentiate among followers, considering some to be in their ‘in-group’ and some in their ‘out-group.’ It suggests that leaders do not treat all followers equally, and instead they develop a closer and trustful relationship with some followers rather than all. In exchange for this special relationship, these followers receive unique benefits, such as additional resources, support, and access to the leader. This relationship is not based on extrinsic rewards; instead, the exchange is focused on intrinsic rewards, such as personal growth, job satisfaction, and empowerment. The theory suggests that the high-quality relationship between the leader and the in-group members will result in better job performance, commitment, and overall satisfaction compared to those in the out-group. Therefore, the theory emphasizes the importance of developing a strong leader-member relationship and treating followers differently to increase the effectiveness and outcomes of leadership.
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