This term, which emerged from the field of positive psychology, is defined as a positive individual psychological state of development. It is a synergistic mix of four dimensions:
Psychological capital is also a team phenomenon – when teams have frequent interactions, shared goals, and clear boundaries, they can develop a collective psychological state characterized by collective efficacy, hope, optimism, and resilience, which is more than the total of individual characteristics.
The researchers assessed the interplay of psychological capital, learning climate, and individual job satisfaction (self-report) of 82 management teams and 395 team participants in educational organizations. While the interrelationships are complex, the authors propose from the literature and their study results:
The IOC is a global community of coaches.