There are many theories galore in business. Most have a lot of practicality behind them. The Leadership Member Exchange Theory is one of those theories. Human beings tend to form relationships with others. Some relationships are good. Some aren’t. This theory examines the relationship between a leader and his group members and the unique ways these relationships can develop. People who are closer to the leader and usually have more responsibility and higher access to available resources are called
Premium Science Leadership Sociology
The Leadership member exchange theory according to many sources‚ states that all relationships between managers and subordinates go through three stages. (LMX Theory 1975) These three stages are identified as role taking‚ role making‚ and routinization. Role taking is first‚ and as soon as new members enter your group. During role taking‚ members take time to evaluate these new members‚ and come up with an idea of their strengths. Role making is the second stage where the manager or leader subconsciously
Premium Management Leadership Fiedler contingency model
How Blau?s Exchange Theory is Applied to Both Levels of Sociological Theory The endeavor of shifting a micro-sociological theory into the realm of a macro-sociological view of society requires ambition‚ empirical evidence‚ and clarity. Peter Blau makes this attempt in his essential work‚ ?Exchange and Power in Social Life.? Blau manages to accomplish the three requirements for such a task with the exception clarity. This writing hopes to fill this void of clarity with the following explanation of
Premium Sociology
Rewards Companies reward their employees with both tangible goods‚ as well as praise. For example‚ a sales department may offer a monthly bonus to the highest earner. Not all tangible rewards come in the form of money. Some companies host free lunches‚ or give away company gear to good workers. Many managers choose to reward their best employees by simply praising them for a job well done‚ or by recognizing the hard work they put in to a project. Workplace reward systems are incentive programs that
Premium Management Motivation Leadership
LEADER MEMBER EXCHANGE THEORY (LME) Leader-member Exchange (LME) flows from literature on transformational leadership‚ extant in the 1970s. A number of fundamental concepts are quite old‚ such as rewards for supporting leadership being as old as political philosophies from Classical Greek days. The formalization of LME stems from the term "Vertical Dyad Linkage (VDL)‚ a concept developed by Dansereau‚ Graen‚ and Haga in 1975‚ with their paper‚ "A Vertical Dyad approach to leadership within formal
Premium Leadership
The development of American civilisation in the New World is a result of the Native American and African black labourers. Forced to surrender to Spanish authority‚ examine the social consequences of the Columbian exchange. Needing labourers to excavate mines‚ work in textile factories‚ sugar plantations and farms‚ the Spanish and Portuguese employed the Native Americans and Africans. Considered dispensible‚ many natives died at an early age either because of the newly introduced diseases or the
Premium Native Americans in the United States Caribbean Slavery
greatly interested in colonizing and taking full control of the land discovered in the Americas and Africa. The exchange of diverse plants‚ food‚ and animals would ultimately lead to a better life for the Europeans‚ as they would be exposed to new items. The Columbian Exchange brought many effects‚ socially and economically‚ to the New World‚ Africa‚ and Europe. The Columbian exchange began after the explorations of Christopher Columbus in 1492. After exploring what Columbus initially thought was
Premium
Founder of the theory The founders of the theory were Irwin Altman and Dalmas Taylor. Altman is a distinguished professor of psychology at the University of Utah whereby Taylor is a professor of psychology at the University of Texas‚ Arlington. Altman and Taylor developed this theory to provide an understanding of the closeness between two individuals. Apparently‚ social penetration is defined as a process that moves a relationship from non-intimate to intimate. The theory states that this
Premium Interpersonal relationship Communication Theory
Cognitive theory approach emphasizes that a person’s behavior depends on the way he or she perceives the social situation or the importance of the social environment as perceived by an individual. A core idea in cognitive perspective is that people tend to spontaneously group and categorize objects which focus on current perceptions rather than on past learning. Cognitive theory is a learning theory of psychology that attempts to explain human behavior by understanding the thought processes. The
Premium Psychology Mind Cognition
Introduction Information technology has made great strides in improving the efficiency and effectiveness of how information is organized‚ stored‚ processed‚ and shared in today’s organizations. With the vast amount of information available at the touch of a button‚ there are several human aspects that should be considered when implementing and maintaining an information management system. It can be a very difficult task for information managers to find the right combination of technology‚ access
Premium Management