2009
Expert on utilizing psychological capital in the workplace lectures at Benedictine

Expert on utilizing psychological capital in the workplace lectures at Benedictine
February 24, 2009

Phil Brozynski, Media Relations Manager
(630) 829-6094
pbrozynski@ben.edu

Confidence. Hope. Optimism. Resiliency. Creativity. Wisdom. Well-being. Humor. Qualities one looks for in a spouse? No, positive constructs that create a more efficient and productive workplace. Fred Luthans, the George Holmes Distinguished Professor of Management at the University of Nebraska, author of several well-known books and research articles and former president of the Academy of Management, has recently co-written a book titled “Psychological Capital: Developing the Human Competitive Edge” published by Oxford University Press. The book explores how companies can gain a competitive advantage through a new, untapped human resource – psychological capital, or simply, PsyCap. PsyCap goes beyond traditionally recognized human and social capital. PsyCap includes positive constructs which have measurable performance impact. The constructs which have been determined to best meet these PsyCap criteria include confidence, hope, optimism and resiliency. Other potential positive constructs include creativity, wisdom, well being, flow, humor, gratitude, forgiveness, emotional intelligence, spirituality, authenticity and courage. The authors describe how measuring and investing in the development of PsyCap can result in a substantial return, and how the application of psychological capital can be developed and sustained for competitive advantage. Luthans will present a lecture, “Positivity and Psychological Capital (PsyCap), An Evidence-Based Approach,” based on his book from 9:00 a.m. to 4:00 p.m. on Saturday, April 18 in the Krasa Center Presentation Room at Benedictine University. Topics that that will be explored during the lecture include “Positive Psychology Background,” “Positive Organizational Behavior and Psychological Capital,” “The Impact of PsyCap on Employee Performance and Desired Attitudes,” and “Developing PsyCap in Self and Others.” The lecture is part of the Department of Management and Organizational Behavior (M.O.B.) Contemporary Trends in Change Management Lecture Series, which brings top national academicians and consultants to Benedictine to address major issues in organizational behavior and development. The lecture is open to the public, but seating is limited. Registration is required. The cost is $490. For more information on the lecture, call Bryan Frederick, Master of Science in Management and Organizational Behavior (M.S.M.O.B.) Program Manager, at (630) 829-6223.

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Benedictine University is an independent Roman Catholic institution located in Lisle, Illinois just 25 miles west of Chicago. Founded in 1887, Benedictine provides 56 undergraduate majors, 16 graduate and four doctorate programs. The Chronicle of Higher Education recently ranked Benedictine University as the seventh fastest-growing campus among private nonprofit master’s universities, and Forbes magazine named Benedictine among the top 20 percent of America’s colleges for 2011. Benedictine University’s Master of Business Administration (M.B.A.) program is listed by Crain’s Chicago Business as the fourth largest in the Chicago area in 2011.