Term Paper on "Personal, Organizational and Cultural Values Affect"

Term Paper 3 pages (1125 words) Sources: 1+

[EXCERPT] . . . .

Personal, Organizational and Cultural Values Affect the Decision-Making Process

In today's rapidly changing, hyper-competitive world, organizations are finding themselves striving to improve every aspect of their business. As such, decision-making has become evermore important in today's globalized environment. One of the most critical factors that affect a person's decision-making ability is the values that are being imposed on that person. Whether they are personal, organizational or cultural values, these values not only define ethically acceptable boundaries for the decision-making process, but also steer the individual towards the most socially accepted decision. Given this significance, this paper will discuss how cultural values affect the decision-making process. The relationship between organizational values and personal values and how this affects decision-making and organizational commitment will be investigated. Finally, an example of how core values in the United States Air Force affect decision-making for its troops will be examined.

How Personal, Organizational and Cultural Values Affect Decision-Making Process

Introduction:

In today's rapidly changing, hyper-competitive world, organizations are finding themselves striving to improve every aspect of their business. As such, decision-making has become evermore important in today's globalized environment. One of the most critical factors that affect a person's decision-making ability is the values that are being imposed on that person. Whether they are personal, organizational or cultural values, these values not only define ethically acceptable boundaries for the decision-making process, but also steer the individual towards the most socially accepted decision. Given this significance, this paper will discuss how cultural values affect the decision-making process. The relationship between organizational values and personal values and how this affects decision-making and organizational commitment will be investigated. Finally, an example of how core values in the United States Air Force affect decision-making for its troops will be examined.

The Relationship Between Organizational Values and Personal Values and the Affect on Decision-Making and Commitment:

Finegan (2000) investigated the relationship between organizational and personal values and how these affected the decision-making process, as well as organizational commitment. Both employees and organizations share one fundamental characteristic, 'values'. These evaluative standards are used to discern between 'right' and 'wrong' or to assess the importance of preferences. It is not surprising that an employee would be more comfortable working in an environment that is consistent and supportive of his or her own personal values. and, as anticipated, through the use of hierarchical multiple regression analyses, Finegan found that an employee's perception of organizational values positively affected their commitment level. When personal values align with organizational values, the employee is typically more devoted and more productive. However, in addition to this commitment level, aligned values positively affect the decision-making process as well, which also positively affects productivity.

When placed in an organizational environment where one's personal values are echoed by those of the organization, decision-making becomes that much easier for the individual. Choices, especially those of an ethical nature, become more clear-cut when two sets of values are steering the individual towards a similar end decision. In instance where one's personal values are not the same as those held by the organization, the two opposing forces can making decision-making extremely difficult, and paralyze the employee into inaction.

Take for instance the case of an individual whose personal values dictate that honesty and integrity are the top most concern, yet is employed by an organizational that values getting business at any cost. These conflicting… READ MORE

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