Summary of Developing Leadership by Building Psychological Capital

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Developing Leadership by  Building Psychological Capital summary
Happy leaders are better leaders: “Psychological capital” is essential to survive today’s workplace challenges.


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Marian Ruderman and Cathleen Clerkin of the Center for Creative Leadership introduce the concept of “psychological capital” – a positive mental and emotional state – and explain its importance in the business world. The authors argue that leadership training helps cultivate and improve psychological capital. Further, they examine “coherent breathing” as a technique that may help boost psychological capital. getAbstract recommends this compelling report to managers at all levels who are interested in becoming better leaders.

In this summary, you will learn

  • What “psychological capital” depends on
  • Why it’s important for leadership development
  • How “coherent breathing” can help boost it


Companies often view leadership training as the improvement of business-specific knowledge. However, the development and preservation of psychological resources is equally important. “Psychological capital” depends on efficacy, resiliency, hope and optimism. It helps improve work performance and job...
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About the Authors

Marian Ruderman, PhD, is senior fellow and director of research horizons at the Center for Creative Leadership, where Cathleen Clerkin, PhD, is a faculty member in research, innovation and product development.

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