TOPICLeader Member Exchange(LMX) 1. Explain this theory briefly. There are three phases: -stranger phase -acquaintance phase -mature partnership…

TOPIC:Leader Member Exchange(LMX)

1. Explain this theory briefly.

2. There are three phases:

-stranger phase

-acquaintance phase

-mature partnership phase

3. How does LMX theory approach works

– strength

– criticisms

– applications

Need to Mention “leadership making model (Graen & Uhl- Bien)”

4. Apply ONE real example from the real business world to this theory analysis

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