Week 5-6
Week 5-6
Introduction Is capital punishment right or wrong? If a person likes power, is that good or bad? Why
are some people quiet and passive, while others are loud and aggressive? Before we can
answer these questions, we need to learn two of the most exciting important things to
know in the field of entrepreneurship – values and personality.
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Give the different conceptions of personality by filling the Concept Map below. Do not
forget to cite the sources of information of your answers.
Personality
Read each questions below. Expound your answer in minimum of 50 words and
Analysis maximum of 100.
1. Why are values important? What will be the benefits of learning values?
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A. Core Self-Evaluation
People who have positive core self-evaluations like themselves and see
themselves as effective, capable, and in control of their environment. Those with
negative core self-evaluations tend to dislike themselves, question their
capabilities, and view themselves as powerless over their environment.
Core self-evaluations relate to job satisfaction because people positive on this
trait see more challenge in their job and actually attain more complex jobs.
But what about job performance? People with positive core self-evaluations
perform better than others because they set more ambitious goals, are more
committed to their goals, and persist longer in attempting to reach these goals.
C. Narcissism - The term is from the Greek myth of Narcissus, a man so vain and
proud he fell in love with his own image. In psychology, narcissism describes a
person who has a grandiose sense of self-importance, requires excessive
admiration, has a sense of entitlement, and is arrogant. Evidence suggests that
narcissists are more charismatic and thus more likely to emerge as leaders, and they
may even display better psychological health (at least as they self-report).
"The difference between God and Larry is that God does not believe he is Larry."
Because narcissists often want to gain the admiration of others and receive
affirmation of their superiority, they tend to "talk down" to those who threaten them,
treating others as if they were inferior. Narcissists also tend to be selfish and
exploitive and believe others exist for their benefit. Their bosses rate them as less
effective at their jobs than others, particularly when it comes to helping people."
Evidence indicates high self-monitors pay closer attention to the behavior of others
and are more capable of conforming than are low self-monitors." They also receive
better performance ratings, are more likely to emerge as leaders, and show less
commitment to their organizations." In addition, high self-monitoring managers tend
to be more mobile in their careers, receive more promotions (both internal and cross-
organizational), and are more likely to occupy central positions in an organization."
E. Risk Taking Donald Trump stands out for his willingness to take risks. He started
with almost nothing in the 1960s. By the mid-1980s, he had made a fortune by
betting on a resurgent New York City real estate market. Then, trying to capitalize on
his successes, Trump overextended himself. By 1994, he had a negative net worth of
$850 million. Never fearful of taking chances, "The Donald" leveraged the few assets
he had left on several New York, New Jersey. and Caribbean real estate ventures and
hit it big again. In 2011, when Trump was contemplating a presidential run, The
Atlantic estimated his net worth at more than $7 billion. 17
People differ in their willingness to take chances, a quality that affects how much time
and information they need to make a decision. For instance, 79 managers worked on
simulated exercises that required them to make hiring decisions. High risk-taking
managers made more rapid decisions and used less 48 information than did the low
risk takers. Interestingly, decision accuracy was the same for both groups.
Proactives are also more likely to challenge the status quo or voice their displeasure
when situations aren't to their liking." If an organization requires people with
entrepreneurial initiative, proactives make good candidates; however, they're also
more likely to leave an organization to start their own business. As individuals,
proactives are more likely than others to achieve career. They select, create, and
influence work situations in their favor. They seek out job and organizational
information, develop contacts in high places, engage in career planning, and
demonstrate persistence in the face of career obstacles.
G. Those who are other-oriented feel more obligated to help others who have helped
them (pay me back), whereas those who are more self-oriented will help others
when they expect to be helped in the future (pay me forward). 59 Employees high in
other-orientation also exert especially high levels of effort when engaged in helping
work or prosocial behavior.60 In sum, it appears that having a strong orientation
toward helping others does affect some behaviors that actually matter for
organizations. However, research is still needed to clarify this emerging construct
and its relationship with agreeableness.
The Myers-Briggs Type Indicator
The Myers-Briggs Type Indicator (MBTI) is the most widely used personality
assessment instrument in the world.10 It is a 100-question personality test that
asks people how they usually feel or act in particular situations. Respondents are
classified as extraverted or introverted (E or I), sensing or intuitive (S or N).
thinking or feeling (T or F), and judging or perceiving (Jor P). These terms are
defined as follows:
Sensing (S) versus Intuitive (N). Sensing types are practical and prefer
routine and order. They focus on details. Intuitives rely on unconscious
processes and look at the "big picture."
Thinking (T) versus Feeling (F). Thinking types use reason and logic to
handle problems. Feeling types rely on their personal values and
emotions.
Judging (1) versus Perceiving (P). Judging types want control and prefer
their world to be ordered and structured. Perceiving types are flexible and
spontaneous.
The MBTI has been widely used by organizations including Apple Computer,
AT&T, Citigroup, GE, 3M Co., many hospitals and educational institutions, and
even the US. Armed Forces. Evidence is mixed about its validity as a measure of
personality, however; most of the evidence is against it." One problem is that it forces a
person into one type or another; that is, you're either introverted or extraverted. There is
no in-between, though in reality people can be both extraverted and introverted to some
degree. The best we can say is that the MBTI can be a valuable tool for increasing self-
awareness and providing career guidance. But because results tend to be unrelated to job
performance, managers probably shouldn't use it as a selection test for job candidates.
The Big Five Personality Model
The MBTI may lack strong supporting evidence, but an impressive body of research
supports the thesis of the Big Five Model-that five basic dimensions underlie all others
and encompass most of the significant variation in human 12 personality. Moreover, test
scores of these traits do a very good job of predicting how people behave in a variety of
real-life situations." The following are the Big Five factors:
2 Sets of Values
terminal values - refers to desirable end-states. These are the goals a person would like
to achieve during his or her lifetime.
1. What is the Myers-Briggs Type Indicator (MBTI), and what does it measure?
2. What are the Big Five personality traits?
3. How do the Big Five traits predict work behavior?
Application
Closure
REFERENCES
Von Glinow, M.S, (2012). Human Behavior in Organization, 6th Edition – Mcgraw-Hill Education
Judge, T.A, Robbins, S.P, (2011), Organizational Behavior 14th Edition- Pearson Education Inc.