Social Capital
|
|
Social Capital |
|
Description of Social Capital. Explanation. |
Definition Social Capital. Description.
Social Capital is an umbrella term used to broadly indicate the asset to an organization produced by the cumulative social skills of its employees.
Social capital, like intellectual and emotional capital, belongs
to the Intangible Assets
of an organization. It is a form of capital which can be considered an asset
as it is a factor for the success of an organization. Note that the analogy
with capital is misleading to the extent that, unlike traditional forms of
capital, social capital is not depleted by use, but in fact depleted by non-use.
In this respect, it is similar to the concept of
Human Capital. Key components of social capital are:
Evidence of social capital can be seen in trust relationships, in the establishment of effective personal networks, in efficient teamwork, and in an organization's exercise of Corporate Responsibility.
Compare with: MAGIC | Organizational Learning | IC Rating | Balanced Scorecard | Intangible Assets Monitor | Organizational Memory | Knowledge Management (Collison & Parcell) | Edvinsson’s Skandia Navigator | Sveiby’s Intangible Assets Monitor | M'Pherson's Inclusive Value Measurement | IC Rating | Amortization | Tangible Assets | Tacit Knowledge | Relational Capital | Tertiary Sector | Sustainable Competitive Advantage | 4 Dimensions of Relational Work | Customer Relationship Management |
| Return to Management Hub: Change & Organization | Human Resources | Knowledge & Intangibles
More on Management | Return to Management Dictionary | |
|
End of description Social Capital. An explanation. |
|
|
|
|
