Member Exchange Theory describe how leaders in groups maintain their position
through a series of tacit exchange agreements with their members. The LMX
process follows three stages: Role taking, Role Making and Routinization. Theory
suggest that it is important to recognize the existence of in-group and out-group
within organization.
Leadership Skills Strataplex captures the stratified and complex nature of leadership
skills requirement and their relationship with level of organization. There are four
skills requirement: Cognitive Skills, Interpersonal Skills, Business Skills and Strategic
Skills.