Personality Traits and Decision Regret- A Study on Managerial Level

Copyright: © 2015 Ambreen S, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Purpose – The purpose of this paper is to explore and identify the five-factor model of manager’s personality (FFM) and their contribution towards post decision reaction- Decision Regret. Focus is on which type of personalities mostly experience decision regret and what will be the effect of job stress on this result. Design/methodology/approach – A survey questionnaire that incorporated measures of Personality, job stress and decision regret was completed by 200 respondents. Respondents were Managers in private and public organizations i.e. Banks, Universities, Construction Organizations etc, to check manager’s post decision reaction and their personality type. The data is collected from different fields. Regression analysis was used to explore the hypothesis. Findings – The paper finds that managers personality do not affect the decisions of managers but the moderaotor i.e. job stress contribute mainly in experiencing the decision regret Research limitations/implications – The study design was for managerial level under job stress. Therefore, this research can be applied on group and team level under different situational factors. Practical implications – The findings provide further support on the significance of manager’s personality measures and traits that contributes in post decision reaction under the effect of job stress