Power Through Resources

Personal Core Value: Power Through Resources

Personal Core Value: Power Through Resources


  5 Min Read

The Personal Core Value: Power Through Resources is an Extrinsic Motivator.

Understanding our core values like “Power through Resources” can make a significant impact on our decision-making and overall well-being. Dive into the complexities of this value through theories like Basic Human Values by Shalom Schwartz and Self-Determination. Discover why this value matters, and learn how to identify it in yourself.

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1. Introduction

"Your core values are the deeply held beliefs that authentically describe your soul." - John C. Maxwell. This poignant quote captures the essence of personal core values as the guiding principles dictating our behavior and actions. Among them, "Power through Resources" emerges as an integral value governing choices in both personal and professional spheres.

2. The Basic Human Values Theory by Shalom Schwartz

Shalom Schwartz's Basic Human Values Theory provides a framework that organizes values into a continuum. This theory aids in understanding the motivations that steer human actions (Schwartz, 1992). Subsequent refinements have indicated that these values adapt to cultural and individual variances (Sagiv & Schwartz, 2022). The value of "Power through Resources" is particularly intriguing. It fits under the realm of "Achievement and Power," highlighting the significance of resources as a means to attain personal and societal objectives (Schwartz & Cieciuch, 2022).

3. Self-Determination and Resources

Rooted in psychology, Self-Determination Theory maintains that individuals have natural tendencies toward growth, with internal resources fuelling self-motivation (Deci & Ryan, 1985). The value of "Power through Resources" correlates strongly with this theory, focusing on control or governance over resources, both material and immaterial, to realize goals.

"The only limit to our realization of tomorrow is our doubts of today." - Franklin D. Roosevelt

4. The Psychology of Resource Allocation

Understanding the psychology behind resource allocation is key to mastering "Power through Resources." Behavioral economics suggests that individuals are not always rational when allocating resources, often influenced by cognitive biases and emotional factors (Kahneman & Tversky, 1979). Being mindful of these psychological aspects can enhance our capacity to utilize resources more efficiently, adding another layer to the value's complexity.

5. Real-Life Examples of Power through Resources

1. Entrepreneurship: Elon Musk leveraged resources like capital, technology, and human expertise to build revolutionary companies like Tesla and SpaceX.
2. Social Activism: Malala Yousafzai wielded educational and social resources to champion the rights of girls to education. Her Nobel Prize serves as a testament to the magnitude of resources she amassed.
3. Personal Development: People who invest in online courses, books, and networking are gathering resources in knowledge and social capital, increasing their power to reach personal or career objectives.
4. Community Development: Local leaders who secure funding, manpower, and social support can transform neighborhoods, illustrating how power through resources can have a broader societal impact.

6. How to Harness Power through Resources

Effectively harnessing this value involves:
1. Financial Literacy: Understanding investments, savings, and budgeting (Olen & Pollack, 2013).
2. Human Relations: Building robust relationships, which studies show can significantly impact psychological well-being (Roccas et al., 2002).
3. Strategic Planning: Setting achievable goals and planning how to allocate resources for them effectively is crucial (Kaplan & Norton, 1996).
4. Emotional Intelligence: Being aware of your emotional triggers can help in making rational decisions regarding resource allocation (Goleman, 1995).

7. Conclusion

The value of "Power through Resources" is complex but transformative. It's not just about accumulating wealth or material goods but effectively using what you have to fulfill your potential. To find out if you possess this value, take our PVQR-based test at www.findyourvalues.com.

  • Deci, E. L., & Ryan, R. M. (1985). The General Causality Orientations Scale: Self-determination in personality. Journal of Research in Personality, 19(2), 109-134. https://doi.org/10.1016/0092-6566(85)90023-6
  • Goleman, D. (1995). Emotional Intelligence. Bantam Books.
  • Kahneman, D., & Tversky, A. (1979). Prospect theory: An analysis of decision under risk. Econometrica, 47(2), 263-292. https://doi.org/10.1017/CBO9780511609220.014
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  • Olen, H., & Pollack, H. (2013). The Index Card: Why Personal Finance Doesn’t Have to Be Complicated. Penguin Books.
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  • Sagiv, L., & Schwartz, S. H. (2022). Personal values across cultures. Annual Review of Psychology, 73, 517-546. https://doi.org/10.1146/annurev-psych-020821-125100
  • Schwartz, S. H. (1992). Universals in the content and structure of values: Theoretical advances and empirical tests in 20 countries. Advances in Experimental Social Psychology, 25, 1-65.
  • Schwartz, S. H., & Cieciuch, J. (2022). Measuring the refined theory of individual values in 49 cultural groups: psychometrics of the revised portrait value questionnaire. Assessment, 29(5), 1005-1019. https://doi.org/10.1177/1073191121998760

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