Understanding corporate value: managing and reporting intellectual capital Intellectual capital Contents 1 Introduction 4 2 Definitions of intellectual capital 6 2.1 2.2 Classifications of intellectual capital Why is intellectual capital so difficult to measure? 3 IC measurement 8 Generic models 3.1 Balanced scorecard 3.2 Performance prism 3.3 Knowledge assets map approach Individual company models 3.4 The Skandia navigator 3.5 Ericsson’s cockpit communicator
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1. Definition of intellectual capital and a brief history of IC management Before someone can measure something‚ he/she has to know what to count. So how should intellectual capital be defined? A universally accepted definition is the first step toward standardization‚ but still it is hard to find the best one for "intellectual capital". In this section I ’ll define intellectual capital and study the history of its development. Intellectual capital is knowledge that can be exploited for money-making
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Intellectual capital-Tomorrow’s assets‚ today’s challenge Executive summary Abstract This report has the following objectives: Defining the intellectual capital; exploring how to change the tacit knowledge into intellectual knowledge; suggesting how to turn intellectual capital into revenue; highlighting the intellectual management in enterprises. With increasing emphasis on that intellectual property is the greatest asset‚ this report also investigates the ways to protect intellectual capital
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Introduction Every human being is an unique individual. This is an undeniable fact‚ thus organisations have to explore the various antecedences of the psychological contracts between employees and the organisation. Employees have different perceptions and thinking over the concept of psychological contracts. Generation Y is slowly filling up the positions in contemporary organisations. Therefore‚ what are the influencers revolve around this power craving group of people? Research has concluded that
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AS PRACTICE Soft Systems Thinking and Intellectual Capital Assignment 1 *Student No: *08193738 Assignment Date: 5 April 2009 *Submission Date:* 15 May 2009 Module Lecturer: Paul Davis Word Count:* * *2‚* 600 Critically evaluate the role that Soft Systems thinking can play in promoting organisations Intellectual Capital. To evaluate the benefits of Soft Systems Thinking (SST) in promoting an organisational intellectual capital it is necessary to understand the concept
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Intellectual Capital Valuation Starbucks 02/16/2013 Bonnie J Gray OI/365 Intellectual capital is one of the most important assets that an organization will ever have. It contributes to each and every component of an organization‚ and helps to formulate success‚ growth‚ and development. Understanding the value of intellectual capital can turn any dive of a company into a thriving successful business. To dig deeper into that idea‚ embracing the value of intellectual capital and applying
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Topic: Knowledge Management and Intellectual capital AUTHORS: D GUPTA B PRUDHVI M KIRAN REDDY Abstract: Knowledge is something that comes from information processed by using data. It includes experience‚ values‚ insights‚ and contextual information and helps in evaluation and incorporation of new experiences and creation of new knowledge. People use their knowledge in making decisions as well as many
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1.Executive summary In this paper I look at how organisations develop ’culture ’ and how this culture can be created‚ manipulated and changed my management. I also look at what other factors can change and affect a companies ’ culture. The paper will take the following format. A definition of culture and the problems associated with its definition. I then look at how organisationl culture develops‚ with an explanation of the levels of cultural analysis‚ a look at the various different types of
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Analysis Critically discuss whether (and how) organisational structure impacts on organisational learning and the learning organisation. Introduction Within this essay we will look at the structure perspective in relation to organisational learning and the learning organisation. Looking at key theories for both we will consider whether a truly structured company has the ability to learn from the environment and other organisations and has the capacity to become a learning organisation itself
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with. If your branding is consistent and easy to recognise‚ it can help people feel more at ease purchasing your products or services. A brand needs to be memorable and recognisable‚ if a customer uses your services and can’t remember your brand then they cannot refer you to family and friends‚ therefore‚ your company will miss out on trade and profits. 2.2 Explain how branding can influence customers’ perception of an organisation and its products and/or services Branding
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