Question

Discuss why it is important for company managers to understand and use social capital knowledge to help build social ""ties"" among their skilled knowledge workers so they can build employee loyalty toward the firm.

Answer 1

Explanation:

Social capital can be defined as the integration of the company with people in its internal and external environment. It constitutes the network of relationships of an organization.

Therefore, it is correct to say that a company's social capital is extremely important for business success. It is necessary for managers to cultivate and encourage an organizational culture aimed at creating positive relationships and integration among employees. In addition to building an organizational climate more favorable to well-being and productivity, creating connections between company employees helps to increase motivation, creativity and innovation, which in fact contributes to a company being successful and positioned in the market .

For this, it is necessary for leaders to assume an ethical and respectful posture for their employees, in addition to expressing interest in the personal and professional history of their teammates, kindness and gratitude for the collaboration of employees. These small attitudes of the leader can help the company to invest in social capital and guarantee several essential benefits