We believe that the President of the Church is a prophet who receives revelation from God to guide the Church. Note that we do not consider as prophecy everything the president says; he is a prophet only when acting as such. The president may well express his own opinions, which are not binding on the Church.
Moreover, individual members may receive personal revelation to guide them in their particular callings and situations. Revelation to anyone other than the President of the Church is not binding on the Church as a whole.
I dispise the mumbo jumbo of your above comment. It sounds as the Pharisees must have sounded to our Lord, full of ambiguous 'human' made blather.
Our Father never leveled the conditions upon us that your leaders level against you.
What exactly is a personal revelation to you? Is it a clear and vivid image that appears in your dreams? Are personal revelations open to interpretations or are they specific spoken directions from God?
“Note that we do not consider as prophecy everything the president says; he is a prophet only when acting as such.”
In other words, he can have a revelation that his revelation wasn’t a revelation. And he can have a revelation that a non-revelation is a revelation if it turns out to be true. It’s good work if you can get it.