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4349 The World without Bankruptcy Laws

Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]

4348 The Wirecard and Infosys Scandals are a Lesson on How NOT to Treat Whistleblowers

What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]

4347 Why the Digital Age Demands Decision Makers to be Like Elite Marines and Zen Monks

How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]

4346 Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies

Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]

4345 Why Government Should Not Invest Public Money in Sports Stadiums Used by Professional Franchises

In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]

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Every individual has his own characteristic way of behaving, responding to emotions, perceiving things and looking at the world. No two individuals are similar.

You might like going out for parties but your friend might prefer staying back at home reading his/her favourite book. It is really not necessary that if you like partying around, your friend will also like the same. Here comes the role of personality.

What an individual sees in his childhood days and most importantly his/her growing days form his personality. How an individual is raised plays an important role in shaping his/her personality.

Personality is nothing but the aggregate conglomeration of memories and incidents in an individual’s entire life span. Environmental factors, family background, financial conditions, genetic factors, situations and circumstances also contribute to an individual’s personality.

In a layman’s language, how we behave in our day to day lives reflects our personality. How an individual behaves depends on his family background, upbringing, social status and so on.

An individual with a troubled childhood would not open up easily. He/she would always hesitate to open his heart in front of others. Some kind of fear would always be there within him. An individual who never had any major problems in life would be an extrovert and would never have issues interacting and socializing with others.

You really can’t blame an individual for not being an extrovert. It is essential to check his/her background or past life. It is quite possible that as a child, he/she was not allowed to go out of his home, play and freak out with friends. These individuals start believing that their home is their only world and they are not safe outside. Such a mindset soon becomes their personality.

Personality Development

Personality also influences what we think, our beliefs, values and expectations. What we think about others depends on our personality.

In a layman’s language personality is defined as the personal qualities and characteristics of an individual. Personality is how we interact with others.

Personality is a sum of characteristics of an individual which makes him different from the others. It is our personality which makes us unique and helps us stand apart from the crowd.

Determinants of Personality

Following are the factors which help in shaping one’s personality:

  1. Heredity - Heredity refers to factors that are determined once an individual is born. An individual’s physique, attractiveness, body type, complexion, body weight depend on his/her parents biological makeup.

  2. Environment - The environment to which an individual is subjected to during his growing years plays an important role in determining his/her personality. The varied cultures in which we are brought up and our family backgrounds have a crucial role in shaping our personalities.

  3. Situation - An individual’s personality also changes with current circumstances and situations. An individual would behave in a different way when he/she has enough savings with him and his behavior would automatically change when he is bankrupt.

An individual’s appearance, character, intelligence, attractiveness, efficiency, style determine his/her personality.

What is Personality Development ?

Personality development is defined as a process of developing and enhancing one’s personality. Personality development helps an individual to gain confidence and high self esteem.

Personality development is said to have a positive impact on one’s communication skills and the way he/she sees the world. Individuals tend to develop a positive attitude as a result of personality development.

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