Contemporary Theories of Leadership

  1. 4 Describe the contemporary theories of leadership and their relationship to foundational theories.

Leaders are important—to organizations, and to employees. The understanding of leadership is a constantly evolving science. Contemporary theories have been built upon the foundation we’ve just established to discover unique ways leaders emerge, influence, and guide their employees and organizations. Let’s explore some of the leading current concepts, and look for aspects of the theories we’ve discussed already throughout.

Leader–Member Exchange (LMX) Theory

Think of a leader you know. Does this leader have favorites who make up an ­ingroup? If you answered “yes,” you’re acknowledging leader–member ­exchange theory. ...

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