Matching job requirements with personalitycharacteristics
Person-organization fit
People are attracted to and selected by organizations that match their values, and they leave organizations that are not compatible with them
Holland's personality-job fit theory
Identifies six personality types and proposes that the fit between personality type and occupational environment determines satisfaction and turnover
Supported by research showing person-job fit strongly predicts job satisfaction, organizational commitment, and intentions to quit
In individualistic countries, increasing person-job fit by tailoring the job to the person increases the individual's job satisfaction, but in collectivistic countries person-job fit is a weaker predictor of job satisfaction</b>
Giving workers more autonomy in designing their jobs to match their strengths and interests may be more effective for older employees than younger ones
Person-group fit
Fit between an individual and their work group, important in team settings
Person-supervisor fit
Fit between an individual and their supervisor, can lead to lower job satisfaction and reduced performance if poor fit
Person-environment fit dimensions like person-organization and person-job fit are stronger predictors of positive work attitudes and performance in North America compared to Europe and East Asia
Organizational leaders can manage employees' perceptions of fit, even for jobs many people do not want, by matching employee individual differences to the job, providing realistic previews, training and socialization, and ongoing support
Rational
(in classical economic theory) economic agents are able to consider the outcome of their choices and recognise the net benefits of each one
Rational agents will select the choice which presents the highest benefits
Producers act rationally by
Selling goods/services in a way that maximises their profits
Workers act rationally by
Balancing welfare at work with consideration of both pay and benefits
Governments act rationally by
Placing the interests of the people they serve first in order to maximise their welfare
Rationality in classical economic theory is a flawed assumption as people usually don't act rationally
A firm increases advertising
Demand curve shifts right
Marginal utility
The additional utility (satisfaction) gained from the consumption of an additional product
If you add up marginal utility for each unit you get total utility
Uber replaced its fourteen corporate values in 2017 following an investigation of its internal practices by the U.S. attorney general and his law firm
The original Uber values were believed to encourage, reinforce, and justify unethical behavior at all organizational levels
The original Uber values included vague platitudes like "super-pumpedness," "always be hustling," "toe-stepping," and "champion's mindset" that seemed to encourage conflict and unethical behavior
Uber's new values
They are direct and leave little room for interpretation, including: "We do the right thing. Period." "We celebrate differences . . . ensure people of diverse backgrounds feel welcome." "We value ideas over hierarchy."
Uber's new values were developed through submissions from over a thousand employees, voted on over twenty thousand times, and refined by twenty workgroups
Changing values on paper is not enough, values need to be put into practice
Uber is still struggling with its reputation and brand sentiment despite making steps in the right direction
Uber's current value of diversity and inclusion may have led to its perfect score on the 2020 Corporate Equality Index
Uber has made efforts to establish and continuously improve CSR initiatives, but its competitor Lyft continues to outshine Uber in CSR-related communication and messaging
Leadership and values play a vital role in CSR, and employees need to be actively engaged to realize CSR goals fully
Core values become a part of the company's DNA and the DNA of the people who comprise the company
Narcissism
The tendency to be arrogant, have a grandiose sense of self-importance, require excessive admiration, and possess a sense of entitlement
Psychopathy
The tendency for a lack of concern for others and a lack of guilt or remorse when actions cause harm
The Dark Triad is a helpful framework for studying the three dominant dark-side traits in current personality research, and researchers are exploring other traits as well
DiSC framework
A circumplex model (similar to the affective circumplex) which suggests that personality characteristics can be represented on a circle with more similar traits in closer proximity, whereas more dissimilar traits are positioned farther apart
The DiSC framework recognizes that "people are not their types"
Few academic research studies have scientifically examined the validity of the DiSC personality framework. More research and evidence are needed on the DiSC
HEXACO model
Composed of a new trait, honesty-humility (H), and emotionality (E; i.e., emotional stability), extroversion (X), agreeableness (A), conscientiousness (C), and openness to experience (O)
The addition of the honesty-humility dimension has implications for OB, considering that dishonesty and cheating are extremely important for organizations
Personality traits have both positive and negative aspects. The degree of each trait and the combination of traits matter a great deal to organizational outcomes
Core self-evaluations (CSEs)
Bottom-line conclusions individuals have about their capabilities, competence, and worth as a person
People with positive CSEs perform better than others because they set more ambitious goals, are more committed to their goals, and persist longer in attempting to reach them