Nextersmostrecententrantsintotheworkforce 1

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Unformatted text preview: workforce from the mid­1980s. They cherished the following values: 1. Shaped by globalization, two­career parents, MTV, AIDS, and computers 2. Value flexibility, life options, and achievement of job satisfaction 3. Family and relationships were important and enjoyed team­oriented work 4. Money was important, but would trade off for increased leisure time Sikkim Manipal University 55 Value, Ethics And Job Satisf action Unit 5 5. Less willing to make personal sacrifices for employers than previous generations · Terminal values: true friendship, happiness, and pleasure 4. Nexters—most recent entrants into the workforce. 1. Grew up in prosperous times, have high expectation, believe in themselves, and confident in their ability to succeed 2. Never­ending search for ideal job; see nothing wrong with job­hopping 3. Seek financial success 4. Enjoy team work, but are highly self­reliant 5. Terminal values: freedom and comfortable life Self Assessment Questions 2 1. W orkers who entered the workforce from the early 1940s through the early 1960s, are called ________________. 2. _______________ began to enter the workforce from the mid­1980s. 5.4 National Culture And Values Following are the most important research with regard to establishing relationship between national culture and values. Hofstede’s research Hofstede (1980,1991), in order to find the common dimensions of culture across the countries, gathered data from surveys with 116,000 respondents working from IBM f rom more than 70 countries around the world. The underlying concept of the four dimensions is described below (Hofsede 1991): 1. Power distance: This dimension measures the 'social equality' i.e.; to what extent a society accepts unequal distribution of power in families, institutions and organizations. Inequality of power in organizations is generally manifested in hierarchical superior­subordinate relationships. Sikkim Manipal University 56 Value, Ethics And Job Satisf action Unit 5 2. Uncertainty avoidance: This is a representation of a society's tolerance for uncertain situations. It measures to what extent a society manages those situations by providing specific and conventional rules, regulations and norms; by rejecting aberrant ideas or behavior; by accepting the possibility of absolute truths and the accomplishments of expertise. Countries, which score high in uncertainty avoidance, discourage risk­taking behavior and innovation. 3. Individualism vs. collectivism: Individualism gauges to what extent individuals in a country consider themselves as distinct entities rather than as members of cohesive groups. Collectivism, on the other hand, emphasizes on 'social ties or bonds' between individuals. Individualistic society considers self­interest as more important than the group goal. 4. Masculinity vs. femininity: This dimension refers to what extent dominant values in a society emphasizes masc...
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This note was uploaded on 03/01/2014 for the course MBA mba taught by Professor Smu during the Fall '10 term at Manipal University.

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