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Archive for July 18th, 2008


When Layoffs Happen, Businesses Lose Social Capital

Written by: Bill Sherman on Friday, 18 July 2008, 7:13 AM

A business can be viewed as a community. As we’ve seen in the past few posts, every community contains social capital within it. What happens when the economy hits a downturn and a company lays-off good people?
The company must balance three types of capital:

Financial capital–cashflow to pay employees, vendors, etc.;
Human capital–experience and expertise; and
Social capital–networks [...]

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Posted in: Network Bridges, Professional Relationships, Social Capital | Leave a Comment


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