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Organizational Resilience and Individual Employability: Psychological Capital and Change Management

In: Why Human Capital is Important for Organizations

Author

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  • Amelia Manuti

Abstract

In the past decades, business academics and practitioners have operated in the belief that sustained competitive advantage could derive from a variety of hard factors, such as technological supremacy, patent protections, and government regulations. However, technological change and diffusion, rapid innovation, and deregulation have eroded these widely recognized barriers. Today’s business environment requires flexibility, innovation, and speed-to-market, and companies must effectively develop and manage employees’ knowledge, experiences, skills, and expertise — collectively defined as “human capital” — has become a key success factor for sustained organizational performance.

Suggested Citation

  • Amelia Manuti, 2014. "Organizational Resilience and Individual Employability: Psychological Capital and Change Management," Palgrave Macmillan Books, in: Amelia Manuti & Pasquale Davide Palma (ed.), Why Human Capital is Important for Organizations, chapter 3, pages 33-49, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-41080-1_3
    DOI: 10.1057/9781137410801_3
    as

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