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Positive psychological state of development
- Positive psychological capital (PsyCap) is an individual’s positive psychological state of development that is characterized by: (1) having confidence (efficacy) to take on and put in the necessary effort to succeed at challenging tasks; (2) making a positive attribution (optimism) about succeeding now and in the future; (3) persevering toward goals and, when necessary, redirecting paths to goals (hope) in order to succeed; and (4) when beset by problems and adversity, sustaining and bouncing...
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Aug 21, 2023 · What it is: Psychological capital is a collection of four healthy psychological states that enhance well-being and performance—hope, efficacy, resilience, and optimism. Together, the four states contribute more than the sum of their parts.
- Investing in People – A Source of Competitive Advantage
- A Concept For All Life Domains
- Definition and Measurement of Psychological Capital
- Application of PsyCap in Leadership and Coaching
- PsyCap Greater Than Its Parts
- A Take-Home Message
The concept of Psychological Capital (PsyCap) was originally designed for organizations. Pioneer Fred Luthans suggested that growth in organizations needs to focus on psychological rather than educational development. He argued that human resources can serve as a competitive advantage as they are more inimitable by competitors than physical, struct...
Under the umbrella of positive organizational behavior (POB), the “study and application of positively oriented human resource strengths and psychological capacities”, Luthans developed the concept of Psychological Capital (PsyCap) as a source of competitive advantage. In line with this idea, many studies have since confirmed that high levels of Ps...
Psychological Capital is defined as “an individual’s positive psychological state of development” (Fred Luthans, et al., 2007) which is characterized by having high levels of HERO; the four elements of Hope, (Self-)Efficacy, Resilience, and Optimism. The concept of PsyCap has become even more relevant with recent findings in the area of neuroplasti...
As Shawn Achor (2011) claims, we are successful when we are happy, not the other way around. So if we are more hopeful, efficacious, resilient and optimistic, we are more likely to “weather the storm” in a dynamic organizational or a challenging personal environment. Hence, the concept of Psychological Capital is equally important for coaches and l...
The concept of Psychological Capital is made up of the four elements of Hope, Efficacy, Resilience, and Optimism, with the commonality of appreciation and the positive appraisal of events. Developing one resource tends to boost the other ones as well. While there is a lot to be said for every one of the components, the concept of Psycap is greater ...
The concept of Psychological Capital is strongly linked to increased wellbeing, work, and life satisfaction. Developing even one the four areas of hope, efficacy, resilience, and optimism in employees and coachees has a positive effect on the other elements. Many of the tools in positive psychology are based on appreciation and are closely linked t...
Jul 24, 2018 · Positive psychological capital (PsyCap) is an individual’s positive psychological state of development that is characterized by: (1) having confidence (efficacy) to take on and put in the necessary effort to succeed at challenging tasks; (2) making a positive attribution (optimism) about succeeding now and in the future; (3) persevering ...
Positive psychological capital is defined as the positive developmental state of an individual as characterized by high self-efficacy, optimism, hope and resiliency. [1]
The now recognized core construct of psychological capital, or simply PsyCap, draws from positive psychology in general and positive organizational behavior (POB) in particular. The first-order positive psychological resources that make up PsyCap include hope, efficacy, resilience, and optimism, or the HERO within.
Apr 23, 2021 · Psychological capital (PsyCap) is a higher-order construct comprising hope, efficacy, optimism, and resiliency, which has attracted more and more attention from both academics and practitioners.
Psychological capital helps you to overcome obstacles, lowers stress and improves job satisfaction. But what is it and how can you develop it?
