leader-member exchange (LMX) model, management homework help

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Description

Using the leader-member exchange (LMX) model as a base of information, discuss and compare how Bill Gates actions to foster teamwork relate (or do not relate) to the LMX model. How does the LMX model foster employee morale, organizational structure, and team development?

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Explanation & Answer

Attached.

Running Head: LEADER-MEMBER EXCHANGE MODEL.
Leader-member exchange model.

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Institution.

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LEADER-MEMBER EXCHANGE MODEL

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Leader-member exchange model is a leadership approach that on developing a good
working relationship between the leader and the members (Li, & Liao, 2014). A good style of
leadership creates a favorable working environment which has constructive effects on the
employee productivity. The eminence of the leader-member exchange influences the employee
performance, decision-making, and the use of the company resources by the employees,
employee loyalty, and motivation (Li, & Liao, 2014). The relationship is two-way, it is a give
and take affair.
The leader has to maintain a relationship based on trust and respect. The emotional
relationship g...


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