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Psychological CapitalDeveloping the Human Competitive Edge$
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Fred Luthans, Carolyn M. Youssef, and Bruce J. Avolio

Print publication date: 2006

Print ISBN-13: 9780195187526

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780195187526.001.0001

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PsyCap Resiliency

PsyCap Resiliency

Bouncing Back and Beyond

Chapter:
(p.111) CHAPTER 5 PsyCap Resiliency
Source:
Psychological Capital
Author(s):

Fred Luthans (Contributor Webpage)

Carolyn M. Youssef (Contributor Webpage)

Bruce J. Avolio

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195187526.003.0005

This chapter first provides the historical background on the mainly clinically-oriented work on resiliency. PsyCap resiliency is defined as not only this traditionally recognized ability to bounce back from adversity, but also includes coming back from very positive, challenging events and the will to go beyond the normal, to go beyond the equilibrium point. Specific attention is given to the three major dimensions of resilience: assets, risk factors, and values. The rest of the chapter is devoted to the positive role PsyCap resilience can play in the workplace in terms of performance and human resource development, as well as the importance of resilient employees, leaders, and organizations. Career resiliency is singled out for special attention. The concluding sections recognize some potential pitfalls and future directions for research and practice.

Keywords:   career resiliency, PsyCap resiliency, resiliency assets, resiliency development, resiliency risk factors, resiliency values, resilient employees, resilient organizations, resilient leaders

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