Positive Psychological Capital as a Source of Sustainable Competitive Advantage for Organizations

2010 ◽  
Vol 136 (3) ◽  
pp. 341-352 ◽  
Author(s):  
Shamas-ur-Rehman Toor ◽  
George Ofori
Keyword(s):  
Competitive Advantage ◽  
Psychological Capital ◽  
Sustainable Competitive Advantage ◽  
Positive Psychological Capital

Global Psychological Capital and Sustainable Competitive Advantage

2019 ◽  
pp. 145-164
Author(s):  
Sulaiman Olusegun Atiku ◽  
Ziska Fields
Keyword(s):  
Competitive Advantage ◽  
Psychological Capital ◽  
Sustainable Competitive Advantage ◽  
Leadership Positions ◽  
Firm Innovation ◽  
Psychological States ◽  
Business Sustainability ◽  
Management Positions ◽  
The Relationship ◽  
Future Business

The ability to envision future business opportunities, make adequate preparations, take decisive decisions, and influence other stakeholders towards attainment of set objectives is essential for those in leadership positions. This chapter examines the relationship between global psychological capital and business sustainability. A literature review was conducted on the link between global psychological capital and business sustainability. This study revealed that global psychological capital and firm's innovation are important factors determining the position of a corporation in any industry. An update of global mindsets and positive psychological states of those in management positions will determine the ability to lead workforce creativity and drive firm innovation, thereby culminating into sustainable competitive advantage.

scholarly journals PSYCHOLOGICAL CAPITAL FOR COMPETITIVE ADVANTAGE: A REVIEW

2021 ◽  
Vol 8 (SI-1) ◽  
pp. 297-312
Author(s):  
Mridul . ◽  
Aditi Sharma
Keyword(s):  
Competitive Advantage ◽  
Organizational Climate ◽  
Psychological Capital ◽  
Sustainable Competitive Advantage ◽  
Positive Leadership ◽  
Individual Level ◽  
Long Run ◽  
Innovative Behaviour ◽  
The Relationship

Increased competition among businesses demands adequate attention towards steps which would ensure business survival in long run. Businesses must build on their strengths which in turn depend upon their employee’s strengths. One of such strengths is employee’s positive Psychological Capital which comprises of self-efficacy, optimism, hope and resilience.  Employee’s Psychological Capital has been linked to key driver of sustainable competitive advantage in today’s business scenario that is innovation. This review focuses upon studies determining the relationship between Psychological Capital and innovation. The review suggests that Psychological capital is a significant predictor of innovation among employees working in various sectors.  Positive leadership styles such as Authentic, transformational leadership etc. and favourable organizational climate are found to foster Psychological Capital among employees. Although at individual level there are studies linking Psychological Capital with innovative behaviour, but less number of studies have examined the role of team or collective Psychological Capital in predicting overall innovation within the organizations.

The Knowledge Creation Organization: The Case of Alphana

2012 ◽  
pp. 78-90
Author(s):  
Thang Nguyen Ngoc
Keyword(s):  
Competitive Advantage ◽  
Knowledge Creation ◽  
Future Research ◽  
Sustainable Competitive Advantage ◽  
Knowledge Based ◽  
The Future

Knowledge and the capability to create and utilize knowledge today are consid- ered to be the most important sources of a firm’s sustainable competitive advantage. This paper aims to advance understanding of the knowledge creation of firm in Vietnam by studying Alphanam Company. The case illustrates how knowledge- based management pursues a vision for the future based on ideals that consider the relationships of people in society. The finding shows that the case succeeded because of their flexibility and mobility to keep meeting to the changing needs of the customers or stakeholders. The paper also provided some suggestions for future research to examine knowledge-based management of the companies in a different industry segments and companies originating in other countries

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