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Explaining the Leader-Member Exchange Theory

Please describe how to develop and maintain effective leader-member exchanges. Describe the skills, traits, and sources of power that help leaders build effective social exchanges with followers. Just need a 180 plus word personal opinion.
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Leader-member exchange (LMX) theory has been developing over the past 25 years, with empirical results informing conceptual development and the reverse (Graen & Uhl-Bien, 1995).

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Leader-member exchange theory focuses on the dyadic exchange between a leader and a subordinate, with much of the early research on LMX investigating the existence of differentiated exchanges within work units (Graen & Cashman, 1975)

Subordinates in high-quality relationships reported generally more positive work experiences than those in low-quality relationships. A high-quality relationship was associated with greater trust within the dyad, more attention and support from the …

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