Social capital or strong culture?

Organization scientists have recently introduced the concept of social capital to explain how the fabric of social connections among organization members leads to superior organizational performance. In this paper, I argue that the typical formulations of social capital sound remarkably similar to familiar conceptions of organizational culture, especially those features that indicate tightly coupled and deeply embedded social relations. I identify the common strands in the concepts of social capital and organizational culture. I propose that, without further efforts of conceptual clarification and empirical verification, the wholesale adoption by human resource development practitioners of the most popular features of the social capital concept is risky and likely to lead to disillusionment.