BU288 Lecture Notes - Lecture 6: Equity Theory, Job Satisfaction, Baby Boomers
Document Summary
Short answer (10 marks each: 3/4 questions. A broad tendency to prefer certain states of affairs over others. Values have to do with what we consider good and bad. Values are motivational; they signal how we believe we should and should not behave. Values are very general; they do not predict behaviour in specific situations very well. People tend to hold values structured around such factors as achievement, power, autonomy, conformity, tradition, and social welfare. There are four distinctive generations in the workplace today: traditionalists (1922-1945, baby boomers (1946-1964, generation x (1965-1980, millennials (generation y) (1981-2000) These generations grew up under rather different socialization experiences. These differences have led to notable value differences between the generations. Such value differences might underlie the differential workplace assets and preferences for leadership style. Traditionalists: respectful of authority and a high work ethic. Gen x: cynical, confident, and pragmatic: concern with oneself. Gen y: confident, social, demanding of feedback, and somewhat unfocused.
