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Chapter 05 - Personality and Values-InS
Chapter 05 - Personality and Values-InS
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In our society we come across people:
Aggressive Extrovert
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What is Personality?
Personality is dynamic concept describing the growth and development of
a person’s whole psychological system.
Definition of personality produced by Gordon Allport nearly 70 years ago.
Said Personality is the ”dynamic organization within individual of those psychological
systems that determine his/her unique adjustments to environment”.
Personality as the sum of total ways in which an individual reacts to and interacts with
others.
Why measuring personality traits are important?
Because
Personality tests are used in hiring decisions and help managers to forecast who is best
for a job.
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Personality Determinants
An early debate in personality research centered on, whether an individual’s
personality was result of heredity or environment.
It appears it is result of both: Heredity and Environment
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Personality Frameworks
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1. Myers-Briggs Type Indicator (MBTI®)
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2. The Big Five Personality Model
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How Do the Big Five Traits Predict Behavior?
1. Highly conscientious people develop more job knowledge, exert greater effort, and have
better performance.
Because they are dependable, reliable, careful, thorough, able to plan, organized,
hardworking, persistent, and achievement-oriented tend to have higher job performance in
most if not all occupations
2. Emotional stability is related to job satisfaction, life satisfaction, low stress level.
Low score in Neuroticism: Optimistic and experience fewer negative emotions
High score in Neuroticism: Fear, anger, stressful and anxious
3. Extroverts tend to be happier in their jobs and have good social skills.
4. Open to experience people are more creative and can be good leaders.
5. Agreeable people are good in social settings. 8
Other Personality Traits Relevant to OB
Core Self Evaluation:
Whether they see themselves as capable and effective in control of their environment
Locus of Control: The degree to which people believe they are masters of their
own fate.
Internal locus of control
People who have positive core self-evaluations like themselves and see
themselves as effective, capable, and in control of their environment.
Too much positive: Lead to overconfidence Bad Decisions
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Contd..
Self Monitoring:
A personality trait that measures an individual’s ability to adjust his or her behavior to external,
situational factors.
High Self Monitors [Flexible and adoptive]
Regulate one’s own behavior in a social context
High self-monitors readily adjust their behavior to the situation at hand.
High Mach:
They interact face to face with others rather than indirectly
Confident, Persuasive (persuade others), Manipulative
Minimum rules and regulation
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Contd..
Narcissism:
Wants to be center of attention
Looks in the mirror a lot
Thinks s/he has many talents
Requires excessive admiration
Has a sense of entitlement
Selfish, Exploitative, Arrogant
Treat others as they are inferior
Research Evidence:
Narcissists are more charismatic and thus more likely to emerge as leaders
But the subordinate rated them as worse if boss has that personality
Boss rate narcissist less effective at their jobs:
Particularly when it comes to helping others.
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Contd..
Risk Taking:
The willingness to take chances, may be best to align propensities with job
requirements.
Risk Risk
Averse Takers
High Risk Takers [Risk Takers]
Make quick decisions
Use less information to make decision
Operate in smaller and more entrepreneurial organization
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Type A and B Personality
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Personality and Situations
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VALUES
Terminal values: Desirable end-states of existence; the goals a person would like to
achieve during his or her lifetime. (The End)
Quality, Responsibility, Innovativeness, Excellence, Morality, Profitability, social status, security,
financial security etc.
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Sources of Value System
Culture [Environment]
Altered due to environmental factors
Learn from society (family, friend, teachers and others)
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Value System
Values are considered subjective and vary across people and culture.
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Generational Values
Different generations:
Like boomers want to stay in office for longer hours loyal, dedication
Gen X & Y focus on work life balance.
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Person-Job Fit
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Person-Organization Fit
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International Values (Hofstede’s framework)
Power distance describes the degree to which people in a country accept that
power in institutions and organizations is distributed unequally. A high power
distance means large inequalities of power and wealth exist and are tolerated
in the culture, as in a class or caste system that discourages upward mobility.
A low power distance rating characterizes societies that stress equality and
opportunity.
Individualism versus collectivism. Individualism is the degree to which people prefer
to act as individuals rather than as members of groups and believe in an individual’s
rights above all else. Collectivism emphasizes a tight social framework in which
people expect others in groups of which they are a part to look after them and protect
them.
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Masculinity versus femininity. Masculinity is the degree to which the culture
favors traditional masculine roles such as achievement, power, and control, as
opposed to viewing men and women as equals. A high masculinity rating
indicates the culture has separate roles for men and women, with men
dominating the society. A high femininity rating means the culture sees little
differentiation between male and female roles and treats women as the equals
of men in all respects.
Uncertainty avoidance. In cultures scoring high on uncertainty avoidance,
people have increased anxiety about uncertainty and ambiguity and use laws
and controls to reduce uncertainty. People in cultures low on uncertainty
avoidance are more accepting of ambiguity, are less rule oriented, take more
risks, and more readily accept change.
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Long-term versus short-term orientation. People in a culture with long-
term orientation look to the future and value thrift, persistence, and tradition.
In a short-term orientation, people value the here and now; they also accept
change more readily and don’t see commitments as impediments to change.
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