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In this module, we will focus on
advanced applications of social capital.
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You already have a solid foundation.
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Now it's time to strategically apply
these concepts
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to enhance your leadership
and drive organizational success.
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Brokerage is an important term.
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It connects otherwise disconnected groups
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and helps drive innovation
and other top-line improvements.
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Innovation. Ideation. Revenue.
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These are all things improved
when we have access quickly
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—ideally, first mover advantage—
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to fresh thinking, and fresh resources,
and fresh information.
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We contrast this with closure.
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Closure is relationships
that form among ourselves,
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that reinforce strong, trusted,
emotionally deep relationships.
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This kind of social capital
is essential for building
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stability, trust,
and collaboration within teams.
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Social capital isn't just about
managing networks.
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It's about tapping into tacit knowledge,
the unspoken insights
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and experiences
that can transform your leadership.
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Tacit knowledge is often
referred to as sticky knowledge,
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because it's hard to move around,
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it sticks to the moment in time,
the people around it,
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and moving it across
organizational boundaries
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is a key piece of the puzzle
that social capital unlocks.
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You'll learn how to use this
hidden expertise to make better decisions
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and guide your team
through complex challenges.
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You'll also harness social capital
to develop yourself as a leader.
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Building and maintaining
strong relationships is key
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not only for your organization's success,
but also for your personal growth.
