Values Ethics and Morality

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    VALUES, ETHICS AND MORALITY

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    - Basic convictions on how to conduct

    yourself or how to live your life that is personally

    or socially preferable how to live life

    properly.

    Values are generalized beliefs and behaviours

    that are considered by an Individual or group to

    be important

    Represent interpretations of right and

    wrong. Helps the individual understand the

    right and the desirable

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    ATTRIBUTES OF VALUES:

    Content Attribute that the mode of conduct or end-state

    is important

    Intensity Attribute just how important that content is.

    Value System: set/hierarchy of values in order of priority identified by the relative importance we assign to values

    such as freedom, pleasure, self-respect, honesty, obedience

    and equality etc

    Tend to be relatively stable, consistent and enduring, though

    the process of questioning our values may result in a

    change. More often questioning acts to reinforce values held

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    THE IMPORTANCE OF VALUES IN LIFE

    Lay the foundation of our understanding ofpeoples attitudes, motivation & behaviour

    Influence our perception of the world around us

    Imply that some behaviors or outcomes arepreferred over others

    Values cloud objectivity and rationality when

    there is a threat to an individual/organizationalvalue, or if discrepancy exists in personal andorganizational values, it often leads to irrational/illogical reactions or conflicts

    Values are influenced by the culture too

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    CLASSIFYING VALUES ROKEACH VALUE SURVEY

    Terminal Values Desirable end-states of existence; the goals that a

    person would like to achieve during his or her lifetime

    Instrumental Values Preferable modes of behavior or means of achieving

    ones terminal values

    People in same occupations or categories tend tohold similar values

    But values vary between groups

    Value differences make it difficult for groups to

    negotiate and may create conflict

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    VALUES IN THE ROKEACH SURVEY

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    VALUE DIFFERENCES BETWEEN GROUPS

    Source: Based on W. C. Frederick and J. Weber, The Values of Corporate Managers and Their Critics: An Empirical Description and Normative Implications, in W. C.Frederick and L. E. Preston (eds.) Business Ethics: Research Issues and Empirical Studies (Greenwich, CT: JAI Press, 1990), pp. 12344.

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    GENERATIONAL VALUES

    Veterans 1950-1964 65+ Hard working, conservative,

    conforming; loyalty to the

    organization

    Boomers 1965-1985 40-60s Success, achievement, ambition,

    dislike of authority; loyalty to career

    Xers 1985-2000 20-40s Work/life balance, team-oriented,

    dislike of rules; loyalty to

    relationships

    Nexters 2000-Present Under 30 Confident, financial success, self-

    reliant but team-oriented; loyalty to

    both self and relationships

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    A nations values and norms determine what kinds of

    attitudes and behaviors are acceptable or appropriate

    The people of a particular culture are socialized into

    national values as they grow up

    Norms and social guidelines prescribe how members

    of a nation should behave toward each other

    Significant differences between national cultures existand make a difference in how leaders and employees

    behave in organizations

    NATIONAL CULTURE IDENTITIES

    HOFSTEDES VALUE DIMENSIONS

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    Source: Based on G. Hofstede, Cultural Constraints in Management Theories,Academy of Management Executive

    (1993), pp. 8194.

    A FRAMEWORK OF VALUE DIMENSIONS FOR

    UNDERSTANDING CULTURAL DIFFERENCES

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    Individualism is a psychological state in which people see

    themselves first as individuals and believe their own interest

    and values are primary

    Examples:

    United States

    Great Britain

    Australia

    Collectivism is the state of mind wherein the values and goals

    of the groupwhether extended family, ethnic group, or

    companyare primary. People expect others in groups of which

    they are a part to look after them and protect them

    Examples:

    Greece - Japan - Mexico

    INDIVIDUALISTIC TO COLLECTIVIST CULTURES

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    Characteristics Tips

    High IDV

    High valuation on people's

    time and their need for

    freedom.

    An enjoyment of challenges,

    and an expectation of rewards

    for hard work.

    Respect for privacy.

    Acknowledge

    accomplishments.

    Don't ask for too much

    personal information.

    Encourage debate and

    expression of own ideas.

    Low IDV

    Emphasis on building skills

    and becoming masters of

    something.

    Work for intrinsic rewards.

    Harmony more important than

    honesty.

    Show respect for age and

    wisdom.

    Suppress feelings and

    emotions to work in harmony.

    Respect traditions and

    introduce change slowly.

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    13

    The extent to which a society feels threatened by uncertain and

    ambiguous situations and tries to avoid them

    A society with high uncertainty avoidance contains a majority of

    people who do not tolerate risk, avoid the unknown, and are

    comfortable when the future is relatively predictable & certain

    Examples:

    - Argentina - Greece - Belgium

    A society where the majority of the people have low uncertaintyavoidance has people who are comfortable with in accepting

    the unknown and tolerate risk and unpredictability

    Examples:

    Italy - USA

    HIGH TO LOW UNCERTAINTY AVOIDANCE CULTURES

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    Characteristics Tips

    High UAI

    Very formal business conduct

    with lots of rules and policies.

    Need and expect structure.

    Sense of nervousness spurnshigh levels of emotion and

    expression.

    Differences are avoided.

    Be clear and concise about

    your expectations and

    parameters.

    Plan and prepare, communicateoften and early, provide detailed

    plans and focus on the tactical

    aspects of a job or project.

    Express your emotions through

    hands gestures and raised

    voices.

    Low UAI

    Informal business attitude.

    More concern with long term

    strategy than what is happening

    on a daily basis.

    Accepting of change and risk.

    Do not impose rules or

    structure unnecessarily.

    Minimize your emotional

    response by being calm and

    contemplating situations before

    speaking.

    Express curiosity when you

    discover differences.

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    The extent to which a society accepts that power in institutions and

    organizations is distributed unequally.

    In a high power-distance culture- Extremely unequal power

    distribution between those with status/wealth and those without

    status/wealth Leaders and followers rarely interact as equals

    Examples:

    Mexico - Malaysia - Arab Countries

    In a low power-distance culture- Relatively equal power between

    those with status/wealth and those without status/wealth

    Leaders and their members interact on several levels as equals

    Examples:

    Germany - United States - Ireland

    HIGH TO LOW POWER-DISTANCE CULTURES

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    Characteristics Tips

    High PD

    Centralized

    companies.Strong hierarchies.

    Large gaps in

    compensation,

    authority, and respect.

    Acknowledge a

    leader's power.Be aware that you

    may need to go to the

    top for answers

    Low PD

    Flatter organizations.

    Supervisors and

    employees are

    considered almost as

    equals.

    Use teamwork

    Involve as many

    people as possible in

    decision making.

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    17

    People from a culture with a long-term orientationhave a future-oriented view of life and thus are thrifty

    and persistent in achieving goals

    Examples:

    Most Asian countries

    A short-term orientation derives from values that

    express a concern for maintaining personal

    happiness and living for the present, here and now

    Examples:

    Most European countries

    United States

    LONG-TERM TO SHORT-TERM ORIENTED CULTURES

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    Characteristics Tips

    High LTO

    Family is the basis of society.

    Parents and men have more

    authority than young peopleand women.

    Strong work ethic.

    High value placed on

    education and training.

    Show respect for traditions.

    Do not display extravagance

    or act frivolously.Reward perseverance,

    loyalty, and commitment.

    Avoid doing anything that

    would cause another to "lose

    face".

    Low LTO

    Promotion of equality.

    High creativity, individualism.

    Treat others as you would like

    to be treated.Self-actualization is sought.

    Expect to live by the same

    standards and rules you

    create.

    Be respectful of others.Do not hesitate to introduce

    necessary changes.

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    Masculinity describes a culture that emphasizesassertiveness and a competitive drive for money and

    material objects. The society values work roles of power,

    achievement and control

    Examples:Japan - Austria - Italy

    Femininity describes a culture that there is little

    differentiation between roles for men and women.

    Emphasizes developing and nurturing personalrelationships and a high quality of life

    Examples:

    Sweden - Denmark

    MASCULINITYFEMININITY

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    Characteristics Tips

    High MAS

    Men are masculine andwomen are feminine.

    There is a well defineddistinction between men'swork and women's work.

    Be aware that people mayexpect male and female

    roles to be distinct.Advise men to avoiddiscussing emotions ormaking emotionally-baseddecisions or arguments.

    Low MAS

    A woman can do anythinga man can do.Powerful and successfulwomen are admired andrespected.

    Avoid an "old boys' club"mentality.Ensure job design andpractices are notdiscriminatory to either

    gender.Treat men and womenequally.

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    HOFSTEDES FRAMEWORK: AN ASSESSMENT

    There are regional differences within countries The averages of a country do not relate to individuals of

    that country. Even though this model has proven to bequite often correct when applied to the general

    population, not all individuals or even regions withsubcultures fit into the mould.

    The original data is old and based on only one company.How much does the culture of a country change overtime, either by internal or external influences?

    Some results dont match what is believed to be trueabout given countries

    Despite these problems it remains a very popular

    framework

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    GLOBE FRAMEWORK FOR ASSESSING CULTURES

    Values in a Cross-Cultural Context

    Global Leadership and Organizational Behavior Effectiveness(GLOBE) research program (1993, 2004):

    Nine dimensions of national culture on which countries differ

    Assertiveness, Future orientation, Gender differentiation,Uncertainty avoidance, power distance, Individualism/Collectivism,In-group collectivism, Performance orientation, Humane orientation

    Similar to Hofstedes framework with these additional dimensions:

    Humane Orientation: how much society rewards people forbeing altruistic, generous, and kind.

    Performance Orientation: how much society encourages andrewards performance improvement and excellence.

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    VALUES IN THE INDIAN MANAGERS

    Research shows that Indian managers are relaxedabout uncertainty situations and place high

    importance to loyalty and belongingness

    - Low uncertainty avoidance and high collectivism

    As compared to other nationalities, Indian

    managers experience more conflict between their

    espoused values and their values in practice. why?

    - Modern corporations are largely shaped by

    western cultural values that may conflict with the

    cultural values they have been brought up with

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    SUMMARY AND MANAGERIAL IMPLICATIONS

    Values

    Often explain attitudes, behaviors, and perceptions

    Higher performance and satisfaction achieved

    when the individuals values match those of the

    organization.