Relational Capital and Its New Component

Abstract

The purpose of this study was to establish the relationship between relational capital and its component. To help in the study, the study objectives were formulated together with a conceptual framework that linked relational capital and its components. Somewhere is given, the benefit to the organization, to improve their performance. Therefore, managers should intensify initiatives to encourage greater understanding and acceptance on relational capital elements, employ a viable relational capital composition that includes building strong social relational ties with the community and competitors, and pay attention to customers and employees in order to identify their needs and provide optimal value for them. This is likely to increase organization performance.