Social capital has both individual and collective properties. Since an individual can control some aspects of ‘their’ social capital, it is possible to think of it, or at least some aspects of it, as their private property.
The COVID-19 pandemic has created unprecedented interruption to physical social interaction. A significant proportion of the world’s population is in some form of isolation or lockdown, with limited access to normal social activities. This has serious implications for social capital which is primarily built, maintained and realised by social interaction. Social capital is linked to …
Social capital may not be a phrase you have heard before, and even if you have you may not really know what it means. Social capital is a combination of words that don’t seem to belong together. How can ‘social’ be ‘capital’? This can be rather perplexing on first consideration. ‘Capital’ is an economic concept …
Understanding the impact of your social capital Social capital and leadership Read More »
An essential job requirement for just about any career in the 21st century is social capital. But few people will tell you. Probably because few people are consciously aware that social capital has become essential for organisational success. Perhaps it always has been, but it’s true now more than ever. With increasing specialisation people know …
Career advice for the modern age – build your social capital Read More »
Social capital is obtained by building goodwill. This is the simplest way to describe how someone can build or obtain social capital. Social capital can be observed at the level of the individual, group or community. At the individual level social capital is best understood as resources made available or accessed through social relationships. For …
You can increase your social capital by being prosocial: by being helpful and giving, by getting to know people, by strengthening your existing relationships, and by trusting and being trustworthy. Essentially increasing your social capital is about generating goodwill. It is being a good global citizen and developing networks and reputation for integrity, honour, giving, …
The more people you know, the more you do for these people, the more you give to other people you know, then the more social capital you have and the more benefit you can derive from it. You can generally only benefit from social capital under certain conditions Social capital is best ‘used’ when there …
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The International Social Capital Association is an international non-profit member-based association devoted to advancing the research on and the application of the social capital concept for the benefit of all.
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