Positive psychological capital

Positive psychological capital

Positive Psychological Capital is defined as the positive and developmental state of an individual as characterized by high Self Efficacy, Optimism, Hope and Resiliency. [‏• Luthans F., & Youssef, C.M. (2004). Human, social, and now positive psychological capital management: Investing in people for competitive advantage, Organizational Dynamics, 33(2), 143-160.‏]

Introduction

For decades Psychology has been dealing mainly with treatment of mental illness. At the very end of the twentieth century a new approach in Psychology has emerged- Positive Psychology.

Positive Psychology, the study of optimal human functioning, is an attempt to respond to the systematic bias inherent in psychology's historical emphasis on mental illness rather than on mental wellness (Seligman ,2002), mainly by focusing on two, forgotten but classical psycholog aspects:

Help ordinary people to live a more productive and meaningful life.

A full realization of the potential that exists in the human being.

Since Martin Seligman a former head of American Psychological Association chose Positive Psychology as the theme of his presidency term, more empirical research and theoretic development emerged in this field.

Two new branches of Positive Psychology are being implemented into the industrial-organizational world. Positive Organizational Scholarship- a research field that emphasizes the positive characteristics of the organization that facilitates its ability to function during periods of crisis.
Positive Organizational Behavior (POB) – focuses on measurable positive- psychological abilities of the employee. The research is trying to discover and develop those abilities in order to improve job performance.As opposed to Positive Psychology, Organizational Positive Psychology focuses on situational characteristics that can be developed and improved through intervention in work place and proactive management techniques. Moreover it focuses only on measurable and improvable characteristics. Through POB theories, several concepts were identified including Subjective happiness, Optimism, Hope, Resiliency and Emotional Intelligence.

Through empiric research it was discovered that different constructs of POB are not identical conceptually, differ in their measurement and that their combination produces a higher structure. The implications and influences of this structure are bigger then the simple summary of its parts. The name of the construct is Positive Psychological Capital or Psycap, its components are hope, self efficacy, Optimism and Resiliency.

Hope - Is defined as a positive motivational state where two basic elements - successful feeling of agency ( or goal oriented determination ) and pathways ( or planning to achieve those goals ) interact.

Self efficacy – Is defined as people's confidence in their ability to achieve a specific goal in a specific situation.

Optimism – was defined by Seligman by Attribution theory (Fritz Heider, 1958). An Optimistic person is defined as one that makes "Internal" or "dispositional", fixed and global attributions for positive events and "External" or "situational", not fixed and specific attributions to negative events. Optimism in Psycap is thought as a realistic construct that regards what an employee can or cannot do, as such, optimism reinforces self efficacy and hope.

Resiliency – Is defined in Positive Psychology as a positive way of coping with danger or distress. In organizational aspect, it is defined as an ability to recuperate from stress, conflict, failure, change or increase in responsibility.

The Relationship Between Positive Psychological Capital And Different Organizational Outcomes

Psycap has positive correlation with performance and satisfaction [‏• Luthans, F., Avolio, B.J., Avey, J.B., & Norman, S.M. (2007). Positive psychological capital: Measurement and relationship with performance and satisfaction. Personnel Psy-chology., 60, 541–572.‏] Research found that high Psycap employees performed better than low Psycap employees. This difference in performance can be explained by their Psychological constructs which manifest themselves in their cognitions and motivations. The influence on the employees performance is stronger while referring to Psycap then for each of its Components, meaning, Psycap explains more than its components combined.

Psycap mediates between supportive climate and employee performance [‏• Luthans F, Norman S., Avolio B. & Avey J.. (2008). The mediating role of psychological capital in the supportive organizational climate - employee performance relation-ship. Journal of Organizational Behavior, 29(2), 219. ‏] - Psycap

Psycap and positive supportive climate are necessary for human resources in order to achieve stable organizational growth. Supportive climate is defined as the total support that an employee receives from their coworkers, other departments and their supervisors which helps them with their job demands.

High Psycap Employees supports effective organizational change [‏• James B. Avey , Luthans F. & Wernsing S. (2008) Can Positive Employees Help Positive Organizational Change? Impact of Psychological Capital and Emotions on Relevant Atti-tudes and Behaviors ,The Journal of Applied Behavioral Science, Vol. 44, 1, 48-70‏]

Organizational change is defined as a lack of fit with the environment which intensifies as a result of a gap between the organizational goals and its present outcomes. The employees have the responsibility to adjust and behave according to the new strategy dictated by the management, mostly with fewer resources. During change, different aspects of employees’ Psycap is put to the test – they have to learn new ways of behavior and be confident to do so, recover from the crisis, be motivated to cope efficiently and to believe in a better future. Psycap and positive emotions are examples of how personal factors facilitate organizational change. Positive change is defined as every change that the organization undergoes for its own benefit and has more positive psychological and behavioral consequences than negative ones. The role of positive emotions is that they help workers cope with the organizational change by broadening their point of view, encourage open decision making and giving them essential vitality for their coping.This interaction means that Psycap, threw positive emotions, influences the worker’s attitudes and behavior, which in turn, influences the organizational change.

Psycap decreases absence from work [‏• Avey, J.B., Patera, J.L., & West, B.J. (2006). The implications of positive psychological capital on employee absenteeism. Journal of Leadership and Organization Studies, 13, 42-60.‏]

Psycap has interesting influence on absence from work. Few meta-analysis have shown a connection between personal and organizational climate factors to level of absenteeism from work. Recently, research have shown that attitudes’ variables like satisfaction and commitment cannot explain the significant variance in absenteeism. Psycap can give a new perspective to the understanding and coping with absenteeism and research have sown that Psycap has a positive influence on levels of involuntary and voluntary absenteeism.The basis to the interaction between Psycap and absenteeism lies in the already proven connection between the body and the soul and more specifically, a strong connection between stress and physiological factors. Workers who confront similar obstacles in their workplace will react differently according to their Psycap and therefor the influence of such obstacle on them will be different. The nature of workers with high Psycap will contribute to lower levels of sickness or to the ability to recover from sickness and get back to work afterwards. ( which will result in lower levels of involuntary absenteeism.

An Integrated Model: The Role of Positive Psychological Capital In The Organization

The model

On the left side of the model you can see the different dimensions of Psycap.Psycap is influenced by organizational climate and influences several positive and negative outcomes in the organization. This influence can be direct or mediated by positive feelings in the organization. Different organizational phenomena have influence on the employee, specifically on the characteristics that assemble his Psycap. For example- while a high Psycap employee observes the good results of his performance, his Psycap grows even more due to the impact of the good performance on self efficacy and hope. From this example we can conclude that Bottom up processes have to do with Psycap. A worker gives feedback not only to himself but for the others observing him as well. Thus, his Psycap affect his surroundings cognitively and affectively ( By his performance outcomes ). For example: A worker which manifests behavior and feelings that show high Psycap and succeeds in his job, not only his Psycap will grow but also the Psycap of the ones around him.Positive, as well as negative Psycap have a “contagious” aspect that influences groups and generates a Bottom-up process. The model also shows that every one of the four characteristics of Psycap has the possibility to influence organizational outcomes directly as shown widely in past research.

It should be mentioned that Psycap has developed mainly since 2005 and therefore all findings should be considered as preliminary and need further research.

External links

* Liam F. Page and Ross Donohue, [http://www.buseco.monash.edu.au/mgt/research/working-papers/2004/wp51-04.pdf Positive Psychological Capital: A Preliminary Exploration of the Construct] , Monash University

References


Wikimedia Foundation. 2010.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • Positive organizational behavior — (POB) is defined as the study and application of positively oriented human resource strengths and psychological capacities that can be measured, developed, and effectively managed for performance improvement in today’s workplace (Luthans, 2002a,… …   Wikipedia

  • Capital accumulation — Most generally, the accumulation of capital refers simply to the gathering or amassment of objects of value; the increase in wealth; or the creation of wealth. Capital can be generally defined as assets invested with the expectation that their… …   Wikipedia

  • Capital punishment debate — Part of a series on Capital punishment Issues Debate · …   Wikipedia

  • Human capital — refers to the stock of skills and knowledge embodied in the ability to perform labor so as to produce economic value. Many early economic theories refer to it simply as labor, one of three factors of production, and consider it to be a fungible… …   Wikipedia

  • Angel capital — is money invested in a business to provide equity capital, not debt which must be repaid regardless of the success of the business. More often than not angel investments are combination of funds and the business expertise of the investor(s).… …   Wikipedia

  • Fred Luthans — (born June 28, 1939 in Clinton, Iowa is a management professor specializing in organizational behavior. Education Luthans graduated with a B.A. from the University of Iowa with a B.A. in mathematics, and then obtained his MBA, and Ph.D. in… …   Wikipedia

  • Transactional analysis — [ thumb|right|Diagram of concepts in transactional analysis, based on cover of Eric Berne s 1964 book Games People Play.] Transactional analysis, commonly known as TA to its adherents, is an integrative approach to the theory of psychology and… …   Wikipedia

  • 2010 Copiapó mining accident — Copiapó mining accident redirects here. For the 2006 accident in the Carola Agustina mine, see 2006 Copiapó mining accident. 2010 Copiapó mining accident Rescue efforts at San José Mine near Copiapó, Chile on 10 August 2010 Date …   Wikipedia

  • Pricing strategies — for products or services include the following: Contents 1 Competition based pricing 2 Cost plus pricing 3 Creaming or skimming 4 Limit pricin …   Wikipedia

  • Institute of Medicine, Nepal — Institute of Medicine (IOM), Nepal, located in the capital city of Kathmandu, is the premier medical institution of Nepal.Institute of Medicine has been entrusted with :* Developing Undergraduate and Postgraduate Level of Human Resources for… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”