Emotional Capital

Author: Thompson
Publisher:
Publish Date: 2004-06-01
Features: Traditional balance sheets won't tell you the weight of knowledge in a company or the importance of properly managing emotions for company operations. However, these intangible items that cannot be measured numerically have a significant impact on the company. Emotional Capital emphasizes these invisible intangible assets, showing you how to fully utilize emotions and knowledge to transform these intangible assets into the company's driving force. The slogan "Talent is our precious asset!" has been proclaimed by many companies for many years, yet few have achieved the desired results. In his book Emotional Capital, Kevin Thompson tells us that to fully leverage human capital, we must manage emotional capital—the emotions, sentiments, and beliefs that inspire positive action. Traditional balance sheets won't tell you the weight of knowledge in a company or the importance of properly managing emotions for company operations. However, these intangible items that cannot be measured numerically have a significant impact on the company. Emotional Capital emphasizes these invisible intangible assets, showing you how to fully utilize emotions and knowledge to transform these intangible assets into the company's driving force. Human capital has been taking up an increasingly larger portion of costs, with companies spending heavily to hire outstanding talent. However, how to unite this talent and have them work toward common goals remains a challenging issue. Many companies have begun to engage in knowledge management, but if employees' emotions are negative—such as lack of consensus, suppression, anxiety, or distrust—the intellectual capital they painstakingly cultivate becomes meaningless. "Talent is our precious asset!" This slogan has been proclaimed by many companies for many years, yet few have achieved the desired results. In his book Emotional Capital, Kevin Thompson tells us that to fully leverage human capital, we must manage emotional capital—the emotions, sentiments, and beliefs that inspire positive action.