The three major theories of leadership according to Northouse are Contingency Theory, Path-Goal Theory, and Leader-Member Exchange Theory. The contingency theory is the theory where it tries to counterpart leaders to fitting circumstances and how the leader’s style fits with the actual context. The key thing in this leadership’s theory is the perfect ideal setting for this leader’s approach. The contingency theory has numerous strengths and weaknesses, however I would agree that there are more strengths than weaknesses within the theory. One strength of this theory is that it has opened our society’s thoughts of leadership in general by imposing us to contemplate about imperative situations on leaders. A weakness among this theory is that it fails to explain to associations how to maneuver when situations and leaders do not correlate with one another.
The path-goal theory is about how leaders inspire minors to achieve specific reaching goals, basically turning a rock to a diamond. This theory really likes to focus on the subordinate’s motivation to enhance performance, satisfaction, and better self. If employees within the company believe in payoffs and could get something out of completing a task, it seems to them more valuable working. Strength of the path-goal theory is that it has model for leaders to utilize for their subordinates and how to properly motivate them on a task. A weakness of the path-goal theory is the theory can be quite confusing to others due to all the diverse facets of leadership within the theory; the theory has many different angles to it.
The Leader-Member Exchange theory is the theory where it primarily focuses on the interactions between the leaders and its followers. When the LMX theory is applied correctly, it outputs more positive performance evaluations, more than suitable attitudes, healthy environment, and additional promotions contained in the organization. Strength...