June 2021
Beginner
488 pages
10h 7m
English
Content preview from Fundamentals of Level Three Leadership
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Concept
Social Capital refers to the incremental value added by the way your people interact. This incremental value added can be positive or negative. Social Capital can enhance or detract from an organization’s assets. Negative social capital erodes a company’s effectiveness. Positive social capital can accelerate an organization’s productivity.
Social capital is affected by organizational structure, systems, bureaucracy, layers of authority, culture, hiring practices, and the local labor market among other things.
Wise executives will realize that it’s easier to teach skills than attitude and hire for goodness of fit with their intended organizational culture. Hiring the best skill set/resume may add to one’s human capital ...
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