Leadership: managing leaders and leading management

3 important questions on Leadership: managing leaders and leading management

Fiedler's contingency theory

Leadership is fairly fixed and stable, style oriented to task or relationship. Styles matches the situation=effective leadership.

Contingency theory 3 variables

- Leader-member relations: how confident followers are in their leader
- Task structure
- Position power: how much influence a leader has over rewards and punishing

Leader-member exchange theory

High LMX: ingroup followers, leader trusts members, gives them priviliges, followers have greater loyalty
Low LMX: outgroup followers, formal relationship, followers get less attention and rewards

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