Investing in people and business performance - Social capital theory
7 important questions on Investing in people and business performance - Social capital theory
What is the social capital theory about?
What is an important resource according to the social capital theory?
What are the 3 dimensions of social capitial?
2. Relational social capital : Quality of relations = bonding. Based on trust.
a. Friendship relations
b. Business relations > social transaction
3. Cognitive social capital : the overall clime in an organization regarding goodwill to share and trust.
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How is SC complemental to HC?
How is SC nurtured?
Name 3 possibilities to stimulate the development of SC
- Creating opportunities -> structural lay out
- Motivate to contribute to SC -> promoting trust, interpersonal liking
- Provide resources that facilitate bridging and bonding
Accoring to social capital theory: how does an organization obtain resources for unique capability?
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