Moneyzine
Contents
/Careers Guides/Myers-Briggs Type Indicator (MBTI)

Myers-Briggs Type Indicator (MBTI)

Moneyzine Editor
Author: 
Moneyzine Editor
1 mins
September 26th, 2023
Advertiser Disclosure

Definition

The term Myers-Briggs Type Indicator is used to describe a personality test that classifies individuals into four type pairings: extroversion versus introversion, sensing versus intuition, thinking versus feeling, and judging versus perceiving.

Explanation

Developed by Isabel Myers and Katharine Briggs, the Myers-Briggs Type Indicator (MBTI), can provide useful insights into the personalities of individuals as well as teams. For example, MBTI is commonly used in the business world for career counseling. It's also used by teams to gain a better understanding of their teammate's strengths.

The test classifies individuals into four sets of dichotomies, resulting in sixteen possible personality types based on individual preferences.

  • Favorite World: determines if the individual prefers to focus on their external world (extroversion) or inner world (introversion).

  • Information Gathering: assesses if the individual prefers to focus on the most basic of information (sensing) or if they prefer to analyze and interpret the data (intuition).

  • Decisions: measures an individual's preference for making decisions based on logic and reasoning (thinking) or if they would prefer to examine the impact on people and their surroundings (feeling).

  • Structure: when the individual interacts with others they may prefer to make quick and lasting decisions (judging) or they may prefer to keep their options open (perceiving).

Note: MBTI does not classify personality types as good or bad, the goal is to understand, leverage, and appreciate diversity in the workplace.

Related Terms

Related Content

  • Is It Worth Pursuing a Master's Degree?
    In an era where education is synonymous with opportunity, many consider pursuing a Master's degree a surefire way to advance their careers. However, is it really the golden ticket to success we've been led to believe?
    March 21st, 2024
  • The gender pay gap, the persistent disparity in average earnings between men and women throughout their careers, serves as a critical measure of wage inequality. This gap underscores the ongoing issue of income disparity, despite the ideal of equal pay for equal work.
    March 14th, 2024
  • 7 Essential Financial Moves After Losing Your Job
    Navigating the stormy seas of job loss? You're not alone.
    February 23rd, 2024
  • The Most In-Demand Skills to Get Hired in 2024
    Every job requires a combination of vital skills, but what skillset is valued most in 2024? As the job market evolves, staying ahead means it’s key to understand and acquire the skills that employers value most.
    April 12th, 2024
  • Key Productivity in the Workplace Statistics for 2024
    In 2023, global employee engagement saw a slight uptick, with 23% of employees engaged, up by two percentage points. However, a sizable 59% are categorized as disengaged, while actively disengaged employees, known as "loud quitting," declined to 18%. These figures highlight the persistent challenge for organizations to cultivate happiness and productivity in the workplace.
    January 31st, 2024

Contributors

Moneyzine 2024. All Rights Reserved.