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Moral Capital And Its Measurement Alejo José G. Sison

Moral Capital And Its Measurement Alejo José G. Sison. I. A historical perspective of work and society II. The human contribution to wealth-creation III. What is moral capital? How is it measured?. I. A historical perspective of work and society (D. Bell)

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Moral Capital And Its Measurement Alejo José G. Sison

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  1. Moral Capital And Its Measurement Alejo José G. Sison

  2. I. A historical perspective of work and society II. The human contribution to wealth-creation III. What is moral capital? How is it measured?

  3. I. A historical perspective of work and society (D. Bell) 1. Pre-industrial society: game with nature/ survival 2. Industrial society: game with machines/ well-being 3. Post-industrial society: game among persons/ leisure & entertainment

  4. “Capital” from “caput/capitis” (Latin): head of cattle

  5. II. The human contribution to wealth-creation hired hands, manpower/ work (Newton) human capital (Schultz, Becker) intellectual capital (Stewart) individual capital structural capital relational capital emotional capital (Goleman) social capital/ trust (Fukuyama, Putnam)...

  6. III. What is moral capital? How is it measured? life Excellence of character/ virtues (Aristotle) habits actions inclinations tendencies

  7. III. What is moral capital? How is it measured? PERSON ORGANIZATION inclinations, tendencies core competencies actions goods/services habits protocols/procedures character culture lifestyles corporate history

  8. III. What is moral capital? How is it measured? Intrinsic value/ subjective dimension (Simon, Sen, JPII) Extrinsic value/ objective dimension Functional level Firm level productivity shareholder value quality market share service stakeholder value

  9. III. What is moral capital? How is it measured? No management without measurement. Indirect measurement (absence) quantitative: turnover, absenteeism, tardiness, crime (violence, property, “white-collar”), insubordination, drugs, alcohol... qualitative: family life, fertility, single parenthood...

  10. III. What is moral capital? How is it measured? Direct measurement (presence) quantitative: human capital revenue/ roi/ eva... qualitative: human capital productivity, commitment, competence & satisfaction levels, corporate climate, “employer of choice”, organizational citizenship behavior...

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