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Business
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| Number of pages / Number of words: |
3 / 712 |
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While it is a soft concept that would seem nearly impossible to control, social capital is the product of many interrelated policies and practices. Some examples of how social capital makes organizations more effective include; conflicts arising less frequently because people trust one another, have learned to work together, and share common goals...
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When conflict does occur, it doesn't fester. People get it on the table and resolve it, and they get back to work. Operational issues can be handled at lower levels because management can trust employees to do the right things. Problem solving is faster because of trust and common goals. The company enjoys leadership continuity and low turnover thanks to long term employment and a policy of promoting from within...
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