Psychological capital
"Psychological capital (PsyCap) is an individual's positive psychological state of development, characterized by having enough self-confidence to succeed, making positive attributions about the future, persevering towards goals, and the ability to bounce back from adversity. It's a relatively stable, but developable, state composed of hope, efficacy, resilience, and optimism, often referred to by the acronym HERO.'[1]
The company Neurolaunch indicates concerning psychological capital: "The roots of Psychological Capital Theory can be traced back to the positive psychology movement, pioneered by Martin Seligman in the late 1990s. This movement shifted the focus of psychology from fixing what’s wrong to enhancing what’s right. It was like switching from always playing defense to suddenly realizing you could score points too!"[2]
Contents
Journal articles, book excerpt and academic material
- Psychological capital development: toward a micro-intervention, Journal of Organizational Behaviour. 27, 387–393 (2006)
- Psychological Capital: An Evidence-Based Positive Approach by Fred Luthans1 and Carolyn M. Youssef-Morgan. Annual Review of Organizational Psychology and Organizational Behavior Volume 4, 2017
- PsyCap Hope: The Will and the Way, Fred Luthans, Carolyn M. Youssef, Bruce J. Avolio. https://doi.org/10.1093/acprof:oso/9780195187526.003.0003. Pages 63–86. Published: September 2006 (Abstract)
- Abstract: Psychological Capital: Developing the Human Competitive Edge, Fred Luthans, Carolyn M. Youssef and Bruce J. Avolio. Oxford University Press, 2006, https://doi.org/10.1093/acprof:oso/9780195187526.001.0001
- The Entrepreneur’s Psychological Capital, Creative Innovation Behavior, and Enterprise Performance, Frontiers in Psychology, 23 July 2020. Sec. Organizational Psychology. Volume 11 - 2020 | https://doi.org/10.3389/fpsyg.2020.01651
- Psychological capital and mental health: Twenty-five years of progress, Organizational Dynamics. Volume 53, Issue 4, October–December 2024, 101081
- Measuring Psychological Capital: Construction and Validation of the Compound PsyCap Scale (CPC-12), Plos One, : April 1, 2016, https://doi.org/10.1371/journal.pone.0152892
- Positive psychological capital to help combat the mental health fallout from the pandemic and VUCA environment, Organizational Dynamics. 2020 Dec 9;51(2):100817. doi: 10.1016/j.orgdyn.2020.100817
- Psychological capital: a literature review and research trends, Asian Journal of Economics and Banking, Volume 8 - Issue 3 | November, 2023
Hope and psychology
See also: Hope and Optimism and Goal setting and Agency (psychology)
"In psychology, hope and optimism, while often used interchangeably, represent distinct concepts. Optimism is a general expectation of positive future outcomes, while hope is a more active process focused on achieving specific goals through personal agency and pathways. Essentially, optimism is about believing things will generally turn out well, while hope is about believing one can take actions to make things better, even if the overall outcome is uncertain.[3]
Articles on hope vs. optimism:
- What's the Difference Between Optimism and Hope? by Utpal Dholakia Ph.D.
- The Difference Between Hope and Optimism by Arthur C. Brooks, 2021
- The Crucial, Empowering Difference Between Hope and Optimism
- Hope and optimism, John Templeton Foundation
Articles on hope:
- Why Is Hope So Important?, PsychCentral
- The Psychology of Hope by Camille Preston Ph.D.
- What is Hope in Psychology + 7 Exercises & Worksheets by Elaine Houston, B.Sc.
- Hope: A research-based explainer
Book: Hope and psychology
- Psychology of Hope: You Can Get Here from There by C.R. R. Snyder. Free Press. April 1, 2003
Psychological capital and optimism
Books
- Psychological Capital: Developing the Human Competitive Edge by Fred Luthans, Carolyn M. Youssef and Bruce J. Avolio. Oxford University Press, August 31, 2006
- Psychological Capital and Beyond By Fred Luthans, Carolyn M. Youssef-Morgan and Bruce J. Avolio. Oxford University Press. March 11, 2015
- Developing Hope, Optimism & Resilience: A Journal (Developing Psychological Capital) by T. Utter. ASIN: B0BRC7B3R2. December 30, 2022
- Happiness at Work: Maximizing Your Psychological Capital for Success by Jessica Pryce-Jones. Wiley. March 29, 2010
- HEROic Leadership: The Secret to Developing Stronger High Performing Teams Using Psychological Capital by Melonie Boone PhD. B Ana Studios Inc. April 13, 2023
See also
External links
- What Is Psychological Capital?, Mindtools.org
- Psychological Capital: Unleashing The Inner HERO’s Potential by Jeremy Sutton, Ph.D
- Positive Psychology: Psychological Capital: Investing in Your Psychological Capital
- How to Boost Psychological Capital & Beat Burnout
- How Can Psychological Capital Strengthen Your Mind? by Dan J. Tomasulo PhD., TEP, MFA, MAPP
- Propel Your Personal Growth with Psychological Capital
- Psychological capital (PasyCap)
- Resilience & Psychological Capital (PsyCap) – What Is It and Why Does It Matter?
- Is the Key to Performance: Psychological Capital?
- Psychological Capital, PsychSafety.com
Business related articles:
- Unlocking Workplace Success: A Guide to Psychological Capital and the HERO Model
- Psychological capital, FourWeekMBA.com
- Psychological Capital Theory: Enhancing Employee Performance and Well-being
- How to Enhance Entrepreneurs’ Psychological Capital!
- Capital:Impact of Hope, Efficacy, Resilience, and Optimism on Employee Retention by Joy W. Taylor, Ed.D.
- Is PsyCap The Next Big Thing in Workplace Mental Health?
Videos:
- Psychological capital - video playlist, Video playlist