"Most of us are familiar with the terms "economic capital" or "human capital". But, have you considered the notion of "psychological capital" and how it relates to your work life? Researchers studying the application of Positive Psychology to the workplace have carefully considered this idea — as a growing body of evidence demonstrates that a positive mindset can not only affect our attitudes toward work, but the outcomes which follow. Indeed, the "psychological capital" that we bring to the table, can have a significant impact upon work and career."
The quote above was written by Dr. Marla Gottschalk, an industrial/organizational psychologist in an article posted on Linkedin. She talks about a new term called PsyCap. It evolved through the research being done in regard to applying a positive attitude to the workplace. Remaining positive is one of the hard things you need to do to be Successful. PsyCap includes four personal and psychological resources referred to as “HERO.”
How does an individual develop this positive outlook? One important aspect of PsyCap is that it a part of everyone’s makeup that can be developed and strengthened over time. It is not static. What has to become a regular part of life, in all areas, is the ability to be aware of small successes. Too often, only the negative events are seen and remembered. This is because they often carry a heavier punch when they occur.
Most individuals seek success and expect happiness to follow. Dr. Gottshcalk states that happiness needs to come first and that success will follow. Her argument is:
Happiness increases the release of dopamine within the brain - which can activate our learning centers - helping us to absorb the information around us. We learn more and work more effectively, bringing us closer to realize our potential.