Which theory focuses on the relationship between leaders and followers?

Leader-Member Exchange (LMX) Theory is centered on the unique relationships that develop between leaders and their followers. It emphasizes the importance of the interactions and exchanges that occur within these dyadic relationships. According to LMX theory, the quality of the relationship between a leader and a follower can significantly influence the outcomes for both parties, including job satisfaction, performance, and commitment to the organization. This theory posits that leaders develop in-group and out-group dynamics, where followers in the in-group typically receive more attention, resources, and support, leading to better outcomes, while those in the out-group may have less favorable experiences.

The focus on relational dynamics differentiates LMX from the other theories listed. For instance, Transformational Leadership Theory emphasizes how leaders inspire and motivate followers to achieve higher levels of performance and personal growth, but it doesn't specifically center on the unique interactions between leaders and individual followers. Trait Theory identifies specific characteristics or traits that make effective leaders, shifting the focus away from the relational aspect. Situational Leadership Theory, on the other hand, highlights the need for leaders to adjust their leadership style based on the situation and the readiness of followers, rather than focusing on the ongoing relationship dynamics. Therefore, LMX Theory's primary focus on the leader