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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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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 26 November 2020

PsyCap Hope

PsyCap Hope

The Will and the Way

(p.63) CHAPTER 3 PsyCap Hope
Psychological Capital

Fred Luthans (Contributor Webpage)

Carolyn M. Youssef (Contributor Webpage)

Bruce J. Avolio

Oxford University Press

This chapter draws from the considerable theory and research of C. Rick Snyder to define PsyCap hope in terms of both agency (willpower) and pathways (waypower) to accomplish goals. After summarizing research on the relationship between hope and performance, major attention of the chapter is given to developing hope in today's managers and employees through goal setting, stretch goals, stepping, involvement, reward systems, resources, strategic alignment, and training. The balance of the chapter examines the characteristics of hopeful organizational leaders, employees, and overall organizations. The concluding sections explore potential pitfalls and directions for future research and practice.

Keywords:   agency, goal setting, hope development, hopeful employees, hopeful leaders, hopeful organizations, PsyCap hope, stretch goals, stepping

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