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Goodwill Goes A Long Way
Social capital is a buzz phrase we hear often. It is a popular ideal with many merits. Yet, what does it really mean? The term caught fire in the late 1990s and continues to be thrown around without people really thinking what is being stated.
“The networks of relationships…in a particular society, enabling (it) to function effectively.
Source — Oxford English Dictionary — paraphrased
It is this writer’s sincere wish when people say it, they mean it, and strong belief social capital is a priceless aspect of society. The term considered a modern use of phrase, originates to the Victorian age. It was a sociological observation by European and American writers expressing the excitement about public conversation on contemporary issues, from globalization, women’s suffrage, industrialization and the rapid evolution of technology. Fast forward one hundred years, what’s old is new again.
Social capital is a vital component of the laborious work to make positive changes. The phrase is part of the intangibles of the science risk management. When working with a start-up or a business in growth mode, a topic important to improving an organization’s safety, efficiency and profitability is by communication within an organization. There is a calculable value of time and assets saved by clear lines of communication, an understanding who…
