Psychological Capital Development: Toward a Micro-intervention

Fred Luthans, University of Nebraska - Lincoln
James B. Avey, University of Nebraska - Lincoln
Bruce Avolio, University of Nebraska - Lincoln
Steven M. Norman, University of Nebraska - Lincoln
Gwendolyn Combs, University of Nebraska - Lincoln

Document Type Article

Published in Journal of Organizational Behaviour 27 (2006), 387–393; doi: 10.1002/job.373 Copyright © 2006 John Wiley & Sons, Ltd. http://www.interscience.wiley.com Used by permission.

Abstract

After first providing the meaning of psychological capital (PsyCap), we present a micro-intervention to develop it. Drawn from hope, optimism, efficacy, and resiliency development, this PsyCap Intervention (PCI) is shown to have preliminary support for not only increasing participants’ PsyCap, but also financial impact and high return on investment.