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WEBINAR: Social Capital Matters: Industry Perspectives

April 17 @ 6:00 pm - 7:30 pm AEST


Invited Speaker

Dr Rahmat Shazi

Technology Director
ShazInnovation Solution

There are multiple definitions of Social Capital, among others by Bordieu (1986), Burt (1992) and Putnam (1995). However, a number of these perspectives are difficult to either be understood or operationalized by industry. Their conceptualization of Social Capital is not aligned with the way many firms, especially technical ones understand the resources they have. For example, Bordieu’s focus is on the accrued value obtained via relationships and have received more interest from scholars. Upon presentation to industry audiences however, the speaker found a lot of resistance especially when the measures are difficult to map to their framework. 

It was Putnam who observed Social Capital is not a unidimensional concept, and Nahapiet and Ghoshal (1997, 1998) who integrated these different facets. They do so by focusing on the network of relationships and trust among people who live and work together, a critical asset for industries. It’s the glue that holds organizations together, fostering collaboration, innovation, and efficiency. In the workplace, social capital leads to more effective team synergy, as employees who feel connected are more likely to be engaged and productive. Companies can leverage social capital by encouraging networking, mentoring, and team-building activities that strengthen interpersonal connections. This investment in social relationships can result in a more cohesive, resilient, and agile organization, capable of navigating challenges and capitalizing on opportunities including innovation. It is this perspective that many industries found much more aligned with their social understanding of their organizations, especially when mapped to outputs of ESG. Rahmat will present these observations via three client case studies.

About the presenter:

Rahmat Shazi is currently the Technology Director of ShazInnovation Solution as well as member of the Board of COMBAT Advance Meditech. Through his PhD on Innovation Management, he is an expert on the application of Social Capital for Social Risk Assessment, Trust Management leveraging on Social Capital models, and Commercialization of Innovations. He has had 25 years of prior experience in PETRONAS as well as consulting work in Australia.

Currently he is an Industry Advisory Panel of 10 universities, both Malaysian and international. He is a member of the Australia-Malaysia Business Council, and while in Australia working as a part-time consultant, the Chairman of the Malaysia Scientific Diaspora from 2013-2014. He is also a member of the newly-formed Selangor Innovation Enculturation Committee.

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About Our Webinar Series

This event is part of our regular webinar sessions for social capital researchers including PhD/master students. These sessions include invited presentations from prominent scholars as well as presentations by PhD students and experts in professional practice.

For social capital researchers, these sessions are an opportunity to hear about the latest social capital research and insights from scholars working on the concept. They can be a great way to connect with people, to get advice, discuss ideas or issues, get suggestions for literature to read, or you can just listen.

Are you researching social capital and want to present your research? Click here for more information and to submit a proposal.

Generally, presentations can be 20 to 45 mins. The content of your presentation will depend on your research stage.


April 17
6:00 pm - 7:30 pm AEST
Event Category:



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