Understanding Lmx And Hrd Theories

The LMX theory explains in detail the importance of loyalty within a firm. Whether for the employer or the employee. If the employer is disloyal he will have a weak relation with the employees and if the employee is disloyal he will be moved to the out-group which will be harmful for him as it will provide no opportunity for his

Leadership has come a long way with earlier studies of trait and behavioral approaches. Since these were highly directive and non-supportive types of leaders, their main objective was to get the job done within the nine to five work day and go home. Although, this was an effective style back in the early 1900s, a lot has changed in terms of the business setting and functionality that many employees were operating back in the early 1900s. Many of the businesses back in the early 1900s consisted of factories, locally run family businesses that leaned towards a bureaucratic organizational system that suited that kind of leadership style. One of the major outcomes from this era was a lack of relationships and high standards of the work environment towards their employees. Overtime, businesses with help of extensive research till this day realized that in order to have better performance from their employees which could lead to increased profits, they must change how they operate within the organization and deal with their employees. Employees started to strive for more interpersonal style leadership behaviors and improved work settings to thrive and develop as an employee within the organization. Theories such as: LMX, Path-Goal, Transformational, Charismatic, and Servant Leadership were created to help understand and develop leaders for the benefit of their subordinates. These leadership styles are all good in their own way, yet I believe authentic leadership is ultimately

Within this assignment I will describe my understanding of the links between management and leadership, the skills and styles of management and leadership, the application of management and leadership theories in an organisational context and planning for the development of management and leadership skills.

Leadership at times can be a complex topic to delve into and may appear to be a simple and graspable concept for a certain few. Leadership skills are not simply acquired through position, seniority, pay scale, or the amount of titles an individual holds but is a characteristic acquired or is an innate trait for the fortunate few who possess it. Leadership can be misconstrued with management; a manager “manages” the daily operations of a company’s work while a leader envisions, influences, and empowers the individuals around them.

Regarding leadership or good leader, some of his opinions are similar and some of his opinions are different to opinion that the author in the text book argue. In this textbook, the authors define leadership as the process to affect other people for achieving an organization’s goals. It is similar to interviewee argument. Yet, interviewee emphasized the power in leadership. He states that it is very important to use the power fairly and ethically. He also argues that leaders need a strong relationship with lots of excellent in-group members for forming the power. It is in line with Leader-Member Exchange Theory (LMX) that assumes leadership is formed through transacting mutual interests between leaders and followers.

The leadership model from FM 6-0 serves to guide and provide a basis for thinking and

The purpose of this assignment requires consideration of how to develop and maintain trust at work, as well as how teams are built within the workplace and what effects and concerns a manager needs to be aware of.

Briefly, managers and leaders retain similar qualities such as an ability to motivate and influence individuals to work towards the same organizational goals. Optimally, those leading an organization will possess management skills and leadership to aid in making improvements and decisions. Therefore, organizations require exceptional guidance and the espoused leadership philosophy regarded as most effective is holistic leadership. In order to achieve their goals and visions, organizations should utilize holistic leadership to be efficient.

In today’s competitive world, leadership skills are crucial for both personal and professional development. Leadership is an important function of management which helps an individual or a business to maximize efficiency and to achieve goals. Leadership has different meanings to various authors.Most commonly, leadership is defined as influence, that is, the art of influencing people so that they will strive willingly and enthusiastically toward the achievement of group goals. (Koontz). Leadership is the process of influencing the activities of either formal or informal group in the task of goal setting and goal achievement. A leader is one whose magnetic personality innervates people for some cause. Not by words, but by their actions is

The results of the self-assessments are not consistent. According to the Authentic Leadership Self-Assessment, I rated low on self-awareness. This is due to my inability to recognize my strengths and weaknesses. I did, however, rate high on internalized moral perspective, balanced processing, and relational transparency. Next, the LMX 7 Questionnaire, I rated high. This questionnaire was given to my supervisor and one of my followers. The results of my Path-Goal Leadership Questionnaire, I rated average in all leadership styles. I rated highest in the directive style. The Skills Inventory Assessment resulted in a high score in technical and human skills, and moderate in conceptual skills. Having a moderate score in conceptual skills results in my inability to see the goals of the organization. I should familiarize myself with the organizations aims and objectives and align my goals with theirs. Furthermore, the Leadership Trait Questionnaire scores averaged between a 3 and 4, the highest scores being in dependability and friendly.

Given the increase in organizational downsizings, layoffs, asset write-offs and executive bailouts, how important is the trust factor in defining a good leader? Without an established trust relationship a leader is unable to be effective. The problem to be investigated is the value of trustworthiness and ethical stewardship in the construct of the organizational leadership model. This paper shall explore the co-functions of trust and ethical stewardship and its impact on leadership effectiveness.

The word ‘leadership’ often times triggers a preconceived image of an ideal leader—typically accompanied by the aura that the effective leader should be at the top of the hierarchy, ready to produce the solutions to complex problems. However, this is not true of leadership, given that effective leadership is not achieved by position but rather through style and situational awareness. Examining leadership requires the consideration of the catalysts for different types of leaders. Popular leader development theories tend to focus on the natural servitude of the leader, his or her capability to manage, and leader behavior.

Shared collective and leader-member exchange (LMX) represent two types of leadership approaches utilized in organizations. Each approach represents a different set of relationships between leaders and followers and the impact the relationship has on organizational outcomes. Baghai and Quigley (2012) write the definition of leadership has continued to evolve and symbolizes different concepts such as productivity, purpose, and people. This paper will explore both the shared collective approach and the leader-member exchange approach and the relevance of each approach to current organizations.

Research on management and leadership in organizations over the past century shows there are still no clear definitions or answers about what counts as effective and successful leadership; the field remains varied and argued. Actual studies of leadership began in the early twentieth century. The research and studies on leadership have resulted in defining what characters, traits and attitudes are considered to be significant for leaders to possess. The early studies of leadership theories focused on the person and their behaviors, currently known as leadership trait theories and behavioral theories. It is important for organizational leaders and managers to understand what characteristics, traits and actions of an individual mark a great leader when forming a strong diverse workforce.

With the interference of globalization in the hotel industry, it is inevitable for the hotel companies to meet with different environmental conditions and forced them to study about different management approaches in order to sustain with competing environmental circumstances which would enable them to realize, both negative and positive effects. Since the international trade and business has expanded, there is no doubt that the international linkage is a must. (ZhenJia) Globalization is a procedure that is drawing individuals together from all countries of the world into a solitary group connected by the tremendous system of correspondence innovations. This part of globalization has likewise influenced the HRM in the business universe of today. HR directors today not have to depend in a little restricted business sector to locate the right workers expected to meet the worldwide test, yet today they can enlist the representatives from around the globe. Other than that the viable information based which is being utilized all around today likewise has made HRM a straightforward yet successful undertaking. Along these lines because of globalization to some degree HRM has turned out to be more proficient and powerful, however moderately a basic errand. The most imperative component that these associations are comprised of People, and since HRM is the arrangement of exercises which manages the general population variable present in any association, this change has