Managing the Psychological Contract

More about the book

The psychological contract is central to your relationship with your organization, encompassing the mutual expectations between you, your employer, and colleagues. When this contract is implicit, it often leads to misunderstandings, stress, and decreased commitment and performance. The author illustrates how to leverage the psychological contract to enhance business outcomes and personal satisfaction. This book is the first to provide practical insights into utilizing the psychological contract effectively. Michael Wellin encourages moving beyond a static view of this contract, advocating for the creation of unique, dynamic Personal Deals tailored to individuals and teams. He emphasizes the importance of making these deals explicit and mutual, offering practical guidance for leaders, employees, and HR professionals. The book includes dedicated chapters on leadership, culture change, and strategic HR management, along with practical ideas for individuals seeking to modify their work arrangements. Drawing on his research and consultancy experience, as well as the latest findings from business schools, the author includes case studies that illustrate how various organizations implement the psychological contract. This accessible and significant book is essential for anyone focused on enhancing individual and organizational performance.