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
Premium Value network Strategic management Capital accumulation
1.1. 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
Premium Capital Capital accumulation Knowledge management
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
Premium Capital Capital accumulation Balance sheet
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
Premium Investment
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
Premium Knowledge management Knowledge
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
Premium Knowledge management Systems thinking
Essay 2: Is The Chinese Renminbi Undervalued? One-way appreciation? Since July 2005‚ first time being revalued after 11 years of fixing at 8.27‚ Chinese Yuan has been heading towards only one direction – all the way from 8.27 to 6.27. Although Yuan is a highly regulated currency by government‚ Chinese officials could no longer peg the Yuan as it used to be in a closed economy because WTO had opened up doors for Chinese manufacturers in 2001 to export cheap goods and services to developed countries
Premium Balance of payments International economics Bretton Woods system
Using Soft Systems Methodology (SSM) in Formulating Knowledge Management Systems (KMS) Strategy for Malaysian Public Institutions of Higher Education (PIHE). 1 2 3 Authors: Nor Hasliza Md Saad ‚ Prof. Dr Rose Alinda Alias and Dr. Azizah Abdul Rahman 1 Email: nor_hasliza@yahoo.com School of Management University Science Malaysia‚ 11800 Minden‚ Penang Tel: 604-6533888 2 Email: alinda@utm.my ‚ Deputy Dean 1 (Project Management & Finance)‚ Research Management Centre‚ F54 Block‚ University Teknology
Premium Knowledge management Management
methodology with a practical case study from the real world. The author will look into the main features and benefits SSM. Afterwards the author will present the relationship between the soft systems thinking‚ knowledge management‚ intellectual capital and social capital. Soft Systems Methodology (SSM) is now taught and used around the world. "SSM as an approach to tackling the multi-faceted problems which managers face; in doing this‚ it also established the now well-recognized distinction between
Premium Knowledge management Management Systems thinking
Intellectual Capital as a Tool for Managing Knowledge Karl Sveiby was an early proponent of the intellectual capital evolution and has advanced the notion of intellectual capital as it applies to organisational knowledge management. As a researcher and manager of numerous ‘knowledge intensive’ organisations Karl Sveiby‚ along with other prominent gurus in knowledge management‚ viewed knowledge as comprising of tacit (ie.‚ verbalised‚ non-codifable knowledge‚ such as culture‚ symbols‚ artefacts)
Premium Knowledge management Management Tacit knowledge