Describe the leader-member exchange theory. Explain the two types of dyads

What will be an ideal response?

Leader-member exchange theory describes how leader-member relationships develop over time on a dyadic basis. New leader-member relationships are typically marked by a role taking phase during which the manager describes the role expectations and the employee attempts to fulfill those expectations with his or her job behaviors. Eventually, it is supplemented by role making during which employees' own expectations for the dyad get mixed in with those of the leader. Over time, these processes result in two general types of dyads. One type is the "high-quality exchange" dyad, marked by the frequent exchange of information, influence, latitude, support, and attention. Those dyads form the leader's "in group" and are characterized by higher levels of mutual trust, respect, and obligation. The other type is the "low-quality exchange" dyad, marked by a more limited exchange of information, influence, latitude, support, and attention. Those dyads form the leader's "out group" and are characterized by lower levels of trust, respect, and obligation.