Psychological Capital
Platform: Diagnostic Hub
Category: Wellbeing, Resilience & Motivation
Implementation Level: Organisation
Definition
Psychological Capital is an individual's positive psychological state of development characterised by optimism, self-efficacy, resilience and hope.
Factors
Self-efficacy
Having assurance to put in and take on the essential effort to successfully overcome challenges.
Hope and Optimism
Determined towards success and if necessary changes paths towards success in order to succeed; working towards positive attributions to succeed now and in the future.
Resilience
When affected by problems and difficulty, bouncing back and sustaining and going beyond this towards achieving goals.
Optimism
Belief in positive future outcomes and personal influence over success.