Personality Andvalues

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    BY:

    HARMIT RIKHRAJ(12202080)

    JAGMOHAN PATTNAIK(12202081)

    KHUSBOO PRADHAN(12202082)

    MADHURIMA KIRAN(12202083)

    MANRIT KAUR GILL(12202084)

    MATIHUR REHMAN SIDQUI(12202085)

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    The Dennis Kozlowski story could be repliedTheGood the Bad andUgly .

    The Good: kozlowski oversaw the growth of a

    Corporate giant. At it peak Tyco was gobbling up 200 companies a year. Heproclaimed his desire to be remembered as the worlds greatest businessexecutive.

    The Bad:Things turned sour when kozlowski and his chief financial officerwere accused of running a criminal enter prise within Tyco.

    The Ugly: In 2002 ,the value of the companys stock dropped $90 billion.

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    PERSONALITY

    EMOTION

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    PERSONALITY

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    HEREDITARY

    ENVIROMENTAL

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    Extraverted versus Introverted

    Sensing versus Intuitive

    Thinking versus Feeling

    Judging versus Perceiving

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    Extraversion

    Agreeableness

    Conscientiousness

    Emotional Stability

    Openness to experience

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    Locus of control

    Machiavellianism

    Self-esteem Self-monitoring

    Risk taking

    Type A personality

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    Locus of Control : The degree to which

    people believe they are masters of their ownfate.

    InternalsIndividuals who believe that they control whathappens to them.

    ExternalsIndividuals who believe that what happens tothem is controlled by outside forces such asluck or chance.

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    Machiavellianism (Mach) :Degree to which an

    individual is pragmatic, maintains emotional distance,and believes that ends can justify means.

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    Self-Esteem (SE):Individuals degree of liking

    or disliking themselves.

    Self-Monitoring :A personality trait that

    measures an individuals ability to adjust his orher behavior to external, situational factors.

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    High Risk-taking Managers

    Low Risk-taking Managers

    Risk Propensity

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    1. are always moving, walking, and eating

    rapidly;

    2. feel impatient with the rate at which most

    events take place

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    1. never suffer from a sense of time urgency

    with its accompanying impatience;

    2. feel no need to display or discuss either

    their achievements or accomplishments;3. play for fun and relaxation, rather than to

    exhibit their superiority at any cost;

    4. can relax without guilt.

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    Personality-Job Fit Theory

    (Holland):Identifies six personality types and

    proposes that the fit between personality type

    and occupational environment determinessatisfaction and turnover.

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    AffectA broad range of

    emotions that peopleexperience.

    EmotionsIntense feelings thatare directed at

    someone or something.

    Moods

    Feelings that tend tobe less intense than

    emotions and that lacka contextual stimulus.

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    Emotional Labor:A situation in which an

    employee expresses organizationallydesired emotions during interpersonal

    transactions.Emotional Dissonance:A situation in which

    an employee

    must project one emotion whilesimultaneously feeling another

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    Felt Emotions

    Displayed Emotions

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    Variety of emotions

    Intensity of emotions

    Frequency and duration of emotions

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    Women

    Can show greater emotional expression.

    Experience emotions more intensely.

    Display emotions more frequently.

    Men

    Believe that displaying emotions is inconsistent

    with the male image. Are innately less able to read and to identify

    with others emotions.

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    Emotions are negative or positive responses to a work

    environment event.

    Personality and mood determine the intensity of the

    emotional response.

    Emotions can influence a broad range of work performanceand job satisfaction variables.

    Implications of the theory:

    Individual response reflects emotions and mood cycles.

    Current and past emotions affect job satisfaction.

    Emotional fluctuations create variations in job satisfaction.

    Emotions have only short-term effects on job performance.

    Both negative and positive emotions can distract workers

    and reduce job performance

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    Ability and Selection

    Emotions affect employee effectiveness.

    Decision Making

    Emotions are an important part of the decision-making process in organizations.

    Motivation

    Emotional commitment to work and high

    motivation are strongly linked. Leadership

    Emotions are important to acceptance of

    messages from organizational leaders.

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    Interpersonal Conflict Conflict in the workplace and individual emotions are

    strongly intertwined.

    Customer Services Emotions affect service quality delivered to

    customers which, in turn, affects customerrelationships.

    Deviant Workplace Behaviors Negative emotions lead to employee deviance

    (actions that violate norms and threaten the

    organization). Productivity failures Property theft and destruction Political actions Personal aggression

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    1. How did his past shape his personality?Kozlowski's past did shape his personality. His father was awheeler-dealer type who was an effective persuader. This isdefinitely a trait he had. Just look at how quickly he rose to thetop of the Tyco Company. You don't get this far without the abilityto persuade. Also, when you take a look at his locus of control,he knew he was in control of his destiny. Go back to his past and

    you'll see this. He had a strong personality, was popular and hepaid his way through school. His past definitely shaped hispersonality.

    2. Does this case contradict the view that personality is largelygenetically derived? ExplainThis case does contradict the view that personality is largely

    genetically derived. Mr. Kozlowksi, by all accounts, was anhonest, easy going and hardworking person. As he faced charges,the words "respected and feared" described Mr. Kozlowski. Hispersonality change was in response to the other personalitydeterminants -- environment and situation. To be successful,Kozlowski had to adapt to the corporate environment andsituations.

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    3. What does this case say about corporate ethics?This says people in corporate are under intense pressure tosucceed and ethics are sometimes thrown out the window.Corporations would be wise to provide ethics training to helpshape the behaviors of its employees. Employees might not fullyunderstand whats ethical or unethical; thus making decisionsthat may be against the will of the company and damaging.

    4. In the Movie, "Wall Street," the Michael Douglas charactersays, "Greed is good." Is this true? How does this apply toKozlowski?Kozlowski's greed is what propelled the enormous growth of Tyco.The deals and decisions he made were motivated by his desire tobe the best. The situation was a win for the company and

    Kozlowski. To a certain extent, I agree with the "Greed is good"quote. I don't advocate greed, but I agree that people needmotivators to achieve. Those leaders who are successful, believethat they control their destiny.

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    5. "Kozlowski just did what anybody would do if theyhad the chance. The people at fault in the story areTyco's Board of Directors for not controlling their CEO."Do you agree or disagree? Discuss?

    When it came to Kozlowski, the board was operating under

    a halo effect. A halo effect is when we draw a generalimpression about an individual on the basis of a singlecharacteristic. The characteristic that stood out Kozlowskiwas his charisma. He was perceived as one with thecompany. It was this perception of Kozlowski that earnedhim free rein at the company. Free rein or not, it was the

    boards responsibility to have checks and balances in placeto protect the company. They were asking for it.

    If you are leading others , I suggest you research the topicof corporate scandal and the motivation behind it.

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