11 January 2007

Hope, Optimism, and Other Business Assets

Why "psychological capital" is so valuable to your company

A GMJ Q&A with Fred Luthans, coauthor of Psychological Capital: Developing the Human Competitive Edge (Oxford University Press)
Leading management thinker Fred Luthans says that while management science and economics have explored business with excruciating thoroughness, they've overlooked something big -- the human mind. In this interview, Luthans tells how businesses can benefit from developing "psychological capital," how managers can turn common sense into a systematic tool, and why psychological capital is a business advantage most organizations don't even know they have.
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