The mediating role of psychological capital on organizational psychological ownership-organizational readiness for change relationship

Marini Purwanto 1, * and Lena Ellitan 2

1 School of Post Graduate, Widya Mandala Catholic University Surabaya, Indonesia.
2 Faculty of Business, Widya Mandala Catholic University Surabaya, Indonesia.
 
Research Article
World Journal of Advanced Research and Reviews, 2023, 19(01), 610–619
Article DOI: 10.30574/wjarr.2023.19.1.1398
 
Publication history: 
Received on 04 June 2023; revised on 10 July 2023; accepted on 12 July 2023
 
Abstract: 
The Covid 19 pandemic has accelerated the pace of change, especially in the hospital industry sector in Indonesia. The global Covid 19 pandemic in Indonesia has had an impact on the mental health of workers in the health sector which has caused work discomfort that must be faced so that Psychological Capital is needed, especially the ability of individuals to survive (resilience) in a work environment full of pressure during the global Covid 19 pandemic. The purpose of this research is to investigate the influence of organizational psychological ownership and the role of psychological capital on organizational readiness to change. This study was attended by 75 respondents from a satellite teaching hospital in the city of Surabaya, Indonesia by filling out an online questionnaire addressed to hospital employees. The results show that organizational psychological ownership influences organizational readiness for change directly and is mediated through psychological capital. This paper contributes to the theory of Conservation Resource Theory in the validated  the  mediated  is needed to prove the relationship between organizational psychological ownership and organizational readiness for change. Psychological capital was proposed and found to have a full mediating role in the relationship between organizational psychological ownership and organizational readiness for change. Several practical implications of building psychological capital will be needed for organizations, especially in the hospital industry during and after the Covid 19 pandemic, which are change-oriented so that individual employees are ready for change initiatives.
 
Keywords: 
Organizational psychology Ownership; Organizational readiness for change; Psychological capital; Conservation Resource Theory
 
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