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Top1. Introduction
The rise in the topic of emotion management is a significant trend in today’s workplace. Many people who are unhappy in their jobs need to be happy in their interaction with customers or the public (Schweingruber & Berns, 2005). In this era of organizational downsizing, budget shortfalls, and personnel reshuffling, developing effective public agencies within public sector organizations is very important (Cupps & Olmosk, 2008). Recently, more attention has been given to positive psychological phenomena (Hunter & Csikszentmihalyi, 2003). Today, there are indications that the former spirit of pessimism is being changed and traditional approaches are being revised by a new positive psychology. The focus is shifting from fixing flaws to building strengths (Peterson & Seligman, 2004; Brendtro et al., 2005). Positive psychology’s purpose is to pursue excellence through the understanding and enhancement of areas that lead to growth (Berman & Davis-Berman, 2005). Some of these are positive emotions, positive individual traits, and prosocial attitudes (Seligman & Csikszentmihalyi, 2000). Based on the resource-based view of an organization, performance differences among organizations can be attributed to variances in their resources and capabilities. Innovative and worthwhile resources have the ability to provide a foundation for organizational competitive advantages (Amit & Schoemaker, 1993; Hitt et al., 2001). The central point of human capital theory is that employees are an asset whose value can be improved by investments in training, technology, incentives, and other fields (Walker, 2007). Gendron (2007) suggested that emotional capital is regarded as capital, a tangible asset in which people, institutions and society should invest in, as it has important returns for the individual (allows well-being and sustains personal development), for society (social cohesion), and for life (individual and social). In a time of considerable change, businesses experience great difficulty in maintaining competitive advantage. If organizational knowledge is viewed as a strategic resource, much research has concentrated on delineating areas of knowledge to make sure competitive advantage is kept going (SubbaNarasimha et al., 2003). Businesses may utilize both tangible and intangible resources as well as a variety of methods to attain good results.
This investigation explores measures and the prioritization of emotional capital to improve organizations’ competitive advantage. This study is organized as follows: Section 2 is a review of emotional capital with regards to its components. The research design and methodology of this paper are covered in Section 3, while Sections 4 and 5 present the analytical results and conclusions.