psychological capital
sy-kuh-LOJ-ih-kul KAP-ih-tul
ˌsaɪkəˈlɒdʒɪkəl ˈkæpɪtəlListen
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Dictionary meaning
a higher-order positive psychological resource comprising four capacities whose acronym is HERO: Hope (agency and pathways thinking), Efficacy (self-efficacy and confidence), Resilience (bouncing back from adversity), and Optimism (positive attributional style for success and failure); developed by Fred Luthans and colleagues within the positive organisational behaviour framework as a measurable and developable state-like capacity that predicts employee performance, satisfaction, and commitment beyond traditional human capital (knowledge and skills) and social capital (relationships); psychological capital can be developed through targeted brief interventions in workplace settings
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