The Role Of Human Resource Management In Promoting Positive Psychological Capital Among The Private Sector Workforce In The Kingdom Of Saudi Arabia In Light Of Vision 2030, A Case Study

Abstract

Human capital is a critical strategic resource in the private sector, where it plays a central role in its achievements and aspirations. Due to the importance of this resource, the private sector has witnessed significant attention in its development and improvement, including the psychological aspect. Saudi Arabia's Vision 2030 aims to create a prosperous society and a leading economy and seeks to enhance the psychological capital of private sector employees as a key factor in achieving this vision. The study aims to identify the role of human resource management in enhancing the psychological capital of employees in the private sector in Saudi Arabia, according to the Vision 2030. Researchers conducted an electronic survey from October to December 2023 by distributing and disseminating questionnaires to a targeted sample of human resource employees, managers, and workers in the private sector, and analyzed the data to arrive at clear results according to the timeline. The primary data included information about the study sample according to the independent variables of the study, such as job title, gender, and years of experience. The study tool consists of 22 statements distributed across four dimensions. The first dimension: The administrative role of human resources management in enhancing positive psychological capital, and it contained (6) statements. The second dimension: Implementing Vision 2030 in human resources management, and it contained (4) statements. The third dimension: The administrative role of senior leadership in enhancing the psychological capital of employees, and it contained (6 statements). The fourth dimension: Challenges And difficulties that Facing Strengthen head the money Psychological I have staff, and it contains (5) statements.A five-point Likert scale was used to answer with the phrases (strongly agree - agree-Neutral -Disagree -Strongly disagree).The researchers adopted the Likert scale because it is easy to apply, accurately measures the respondent's opinion, and determines the degree of positivity of his position in each statement. This study indicates that promoting positive psychological capital refers to measures and practices that enhance positive emotions such as happiness, satisfaction, and optimism, and reduce negative emotions such as anxiety, stress, and depression. This aspect holds great importance for human capital. Based on these factors, several recommendations can be made to enhance the psychological capital of employees in the private sector in Saudi Arabia: private companies in Saudi Arabia should consider enhancing psychological capital as one of their main strategic objectives.