Leader-member exchange (LMX) theory examines the relationship between a leader (manager) and a member (subordinate) in the workplace. A preponderance of research has examined and found support for a positive relationship between LMX and outcomes for members. Benefits of high quality LMX for a leader have been assumed to exist but rarely tested. Research focus on valued outcomes for the leader would help shed light on the leader behaviors and attitudes that shape the formation and maintenance of LMX. This paper presents a social exchange based argument to investigate the benefits and resources available to a leader based on the reciprocal nature of the LMX. Outcomes related to career success for the leader are examined in the context of the LMX. Furthermore, resources of the leader as well as the member are discussed in the broader framework of social relationships in which the leader-member exchange is embedded.
|Keywords:||Leader - Member Exchange, Social Network, Leader Career Success|
Associate Professor, Dominican University, USA