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Importance of studying values to a manager

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An understanding of values is useful to a manager interest following ways:
i. Values are important to the study of OB because they lay the foundation for the understanding of attitudes and motivation as well as influencing our perception. Individual enter an organization with preconceived notion of what “ought” and what “ought not” to be. Of course, these notions are not value free. On the contrary they contain interpretation of right and wrong. Further, they imply that certain behaviours or outcomes are preferred over others. As a result, it clouds objectivity and rationality.
ii. Values generally influence attitudes and behaviour. Suppose an individual enters an organization with the view that allocating pay on the basis of performance is right, whereas allocating pay on the basis of seniority is wrong or inferior. He is likely to get disappointed if the organization rewards seniority and merit, disappointment is likely to lead to dissatisfaction and decline interest performance. His attitude and behaviour would be different if his values are aligned with the organization‘s pay policies.
iii. The challenge and relationship-examination of established work values constitute of the cornerstones of the current management revolution all over the world. Hence, an understanding of values becomes a necessity
iv. Values differ across culture What is permissible in the U.S may be simple consideration. Strangely, majority of the principles and concepts of OB have been developed by American, using American subjects within domestic context. A study of more than 11000 articles published in 24 management and OB journals over a ten-year period reveals that, approximately 80% of studies have been done in the U.S and have been conducted by Americans. This implies that OB specialists should remember that, no theories and principles are universally applicable to managing people around the world. They should take into consideration cultural values when trying to understand the behaviours of people’s interest different in countries.

Titany answered the question on September 7, 2021 at 12:49

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Importance of studying values to a manager

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