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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1.1. 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
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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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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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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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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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Higher Education (PIHE) context. The concept of SSM was used to integrate two streams of cultural analysis and logic-based analysis to understand the ill-structured problem situation in the context. Throughout the analysis Multiple Perspectives (MP) Theory by Mitroff and Linstone (1993) is employed to differentiate between the Technical Perspective‚ Organizational Perspective and Personal Perspective of the formulation of KMS strategy in the context. This approach presents a holistic view of formulating
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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
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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)
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Introduction Theories are a set of interrelated concepts that give a systematic view of a phenomenon (an observable fact or event) that is explanatory & predictive in nature. Theories are composed of concepts‚ definitions‚ models‚ propositions & are based on assumptions. They are derived through two principal methods; deductive reasoning and inductive reasoning. Objectives to assess the patient condition by the various methods explained by the nursing theory to identify the needs of the patient
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