Human capital consists of the talent, experiences, and capabilities of individuals within an organization. Social capital is the competitive advantage created by the connections between those individuals. It consists of the relationships and interactions within the organization. So, while human capital is about what people know, social capital is about how people are positioned to make best use of their knowledge. Both are essential, yet organizations have historically overemphasized the former at the expense of the latter.
Content: Quotation
Author: Michael J. Arena
Source: Management and Business Review (MBR)
Subject: Organizational Behavior
Author: Michael J. Arena
Source: Management and Business Review (MBR)
Subject: Organizational Behavior
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