By Nick Bontis
A powerful choice of the most recent state of the art paintings within the dynamic box of highbrow capital. specialists from world wide speak about the present scenario from various views, offering a cross-disciplinary view of the sector. All members awarded their examine on the most sensible worldwide convention during this box - the realm Congress on highbrow Capital.
The underlying topic of the publication is to provide an explanation for how a company can establish, degree, deal with, leverage and act upon its collective intelligence in the direction of the pursuit of sustainable innovation. The publication is split into 3 major elements which first determine a beginning of literature, then research numerous size techniques and eventually finish with quite a few applications.
"This selection of papers from the convention is precise for its seminal examine, strategic visions, and thought-provoking discussions. ensure this e-book has a spot on your library!"
Dr. Jac Fitz-enz, Founder and Chairman, Saratoga Institute
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Extra resources for World Congress on Intellectual Capital Readings
Example text
Reported earnings cannot show the company’s decline in value when it depletes its stock of intangible resources. Recent overemphasis on achieving superior long-term earnings performance is occurring just at the time when such performance has become a far less valid indicator of changes in the company’s long-term competitive position (1987: 202). Charles Handy (1989) suggests that the intellectual assets of a corporation are usually three or four times the tangible book value. He warns that no executive would leave his cash or factory space idle, yet, if CEOs are asked how much of the knowledge in their companies is used, they typically say only about 20 percent.
Accordingly, 32 WORLD CONGRESS ON INTELLECTUAL CAPITAL READINGS suppliers, customers node link C Increase in Level of Externality from the Organization’s Core B industry, government A Increase in Level of Difficulty to Develop A - human capital B - structural capital C - relational capital Figure 2-2 Discriminating Intellectual Capital Sub-domains a productive process characterized by a substantial degree of tacit knowledge is arranged as a hodgepodge of nodes lacking any discernible organizational logic.
Knowledge architecture is the final challenge or frontier, and he suggested we consider what kind of architecture is needed to nourish knowledge exchange and delivery. He strongly denounced the cubicle office as an optimal framework and recommended the knowledge-café model (which also took place at the conference) to remedy this. In conclusion, he argued for strong intellectual capital leadership and a longitudinal examination of research pursuits. VERNA ALLEE–PRESIDENT, INTEGRAL PERFORMANCE GROUP Verna Allee provided an intuitive presentation concerning business and the field of intellectual capital.