Why Spiritual Capital Matters

When personal life splinters from professional life, as it does for so many people today, we often hold forth a vision of human life, in which everything fits together: work, family, community, and the common good. Organizational leaders love this dream, because, frankly, when people bring their whole selves to work, they are more productive. What's good for the company, in this case, looks to be good for the staff member, too. And that's no small accomplishment in a time when pandemic and racial inequity have made organizational leadership so economically and socially challenging. But all too often, this dream of holistic living and work relies too heavily upon the inner resources of individuals. The result is burnout, as leaders grow fatigued and team members feel manipulated. This book's research among social entrepreneurs--with close attention to the experience of entrepreneurs of color--suggests that workplace communities have the economic and social resources needed for commonwealth. But the goods remain latent. Instead of obsessing about what individual inwardness can do, we should catalyze those latent resources. This book shows leaders how to start new conversations and tell new stories in order to cultivate spiritual capital and activate those latent goods.

When personal life splinters from professional life, as it does for so many people today, we often hold forth a vision of human life, in which everything fits together: work, family, community, and the common good. Organizational leaders love this dream, because, frankly, when people bring their whole selves to work, they are more productive. What’s good for the company, in this case, looks to be good for the staff member, too. And that’s no small accomplishment in a time when pandemic and racial inequity have made organizational leadership so economically and socially challenging. But all too often, this dream of holistic living and work relies too heavily upon the inner resources of individuals. The result is burnout, as leaders grow fatigued and team members feel manipulated. This book’s research among social entrepreneurs—with close attention to the experience of entrepreneurs of color—suggests that workplace communities have the economic and social resources needed for commonwealth. But the goods remain latent. Instead of obsessing about what individual inwardness can do, we should catalyze those latent resources. This book shows leaders how to start new conversations and tell new stories in order to cultivate spiritual capital and activate those latent goods.

Presenting a thorough, comprehensive theory of spiritual capital based on solid academic research, 'Spiritual Capital' serves to reinforce and amplify the notion of a moral economic core that is beginning to feature in contemporary economic arguments. In this rare major work wholly dedicated to the subject of spiritual capital, Sam Rima explains the desperate need for revolutionary and transformational thinking in the area of economic policy and practice and makes the case for a new moral foundation to business and economics that directly addresses today's financial and business crisis. Writing in an accessible style, and drawing on examples from several continents, Rima explains spiritual capital theory in terms of the resources needed for its creation, how it is formed, how it can be invested and what the return on investment can be. The book provides practical tools for measuring a personal or organizational store of spiritual capital, along with clear guidelines on how to engage in spiritual capital formation. These will benefit business leaders interested in developing viable and sustainable enterprises capable of avoiding the disconnection between economic policy and social reality. There are also recommendations here for policy makers regarding the macro application of spiritual capital theory. This important contribution to Gower's Transformation and Innovation Series will appeal to business leaders and policy makers, academicians and students in the fields of sociology, theology, and economics, and anyone interested in social and economic justice issues, social innovation, and corporate social responsibility.

In The Spiritual Child, psychologist Lisa Miller presents the next big idea in psychology: the science and the power of spirituality. She explains the clear, scientific link between spirituality and health and shows that children who have a positive, active relationship to spirituality: * are 40% less likely to use and abuse substances * are 60% less likely to be depressed as teenagers * are 80% less likely to have dangerous or unprotected sex * have significantly more positive markers for thriving including an increased sense of meaning and purpose, and high levels of academic success. Combining cutting-edge research with broad anecdotal evidence from her work as a clinical psychologist to illustrate just how invaluable spirituality is to a child's mental and physical health, Miller translates these findings into practical advice for parents, giving them concrete ways to develop and encourage their children's—as well as their own—well-being. In this provocative, conversation-starting book, Dr. Miller presents us with a pioneering new way to think about parenting our modern youth.

Many important contemporary debates cross economics and religion, in turn raising questions about the relationship between the two fields. This book, edited by a leader in the new interdisciplinary field of economics and religion and with contributions by experts on different aspects of the relationship between economics and Christianity, maps the current state of scholarship and points to new directions for the field. It covers the history of the relationship between economics and Christianity, economic thinking in the main Christian traditions, and the role of religion in economic development, as well as new work on the economics of religious behavior and religious markets and topics of debate between economists and theologians. It is essential reading for economists concerned with the foundations of their discipline, historians, moral philosophers, theologians seeking to engage with economics, and public policy researchers and practitioners.

In their new book Danah Zohar and Ian Marshall envisage two scenarios. The first is business as we know it today - all short-term interest, short-term gain, isolationist thinking, with the material bottom line as king. The second envisages a business culture driven by fundamental values and a deep sense of purpose in which wealth is accumulated to generate a decent profit while acting to raise the common good. The emphasis is on 'stake-holder value', where stake-holders include the human race, present and future, and the planet itself. These are the values of Spiritual Capital. The crucial question, which Zohar and Marshall address, is: How we can move from one scenario to the other? They show how we need to consider three types of capital to make the leap. Rational Intelligence (IQ) and Emotional Intelligence (EQ) are needed to diagnose the current state, and then the twelve qualities of Spiritual Intelligence (SQ) can be used to bring about the final transformation. The ultimate goal is sustainable capitalism within a framework of a more meaningful working life.

Presenting a thorough, comprehensive theory of spiritual capital based on solid academic research, 'Spiritual Capital' serves to reinforce and amplify the notion of a moral economic core that is beginning to feature in contemporary economic arguments. In this rare major work wholly dedicated to the subject of spiritual capital, Sam Rima explains the desperate need for revolutionary and transformational thinking in the area of economic policy and practice and makes the case for a new moral foundation to business and economics that directly addresses today's financial and business crisis. Writing in an accessible style, and drawing on examples from several continents, Rima explains spiritual capital theory in terms of the resources needed for its creation, how it is formed, how it can be invested and what the return on investment can be. The book provides practical tools for measuring a personal or organizational store of spiritual capital, along with clear guidelines on how to engage in spiritual capital formation. These will benefit business leaders interested in developing viable and sustainable enterprises capable of avoiding the disconnection between economic policy and social reality. There are also recommendations here for policy makers regarding the macro application of spiritual capital theory. This important contribution to Gower's Transformation and Innovation Series will appeal to business leaders and policy makers, academicians and students in the fields of sociology, theology, and economics, and anyone interested in social and economic justice issues, social innovation, and corporate social responsibility.