Intellectual Capital: Navigating in the New Business Landscape - Hardcover

Roos, Johan; Roos, Goran; Dragonetti, Nicola C.

Hardcover

ISBN 10: 0814775128 ISBN 13: 9780814775127

Publisher: New York University Press, 1998

Synopsis

Successful companies rely on traditional factors of production for their survival. Yet the most important and sustainable sources of competitive advantage-knowledge, customer relations, supply-on-demand, micromanagement, and other forms of "intellectual capital"-often don't even appear on many companies' reporting systems. The results of this lack of attention to intellectual capital can be disastrous for companies and their stockholders. Providing an organizational system that helps managers maximize the flow of intellectual capital in their companies, Intellectual Capital presents the insights gained by leading experts from the practice, research, and consulting side of business management. Starting with a definition of intellectual capital and it main components, the book offers a step-by-step "process model" to rooting out corporate inefficiency at all levels. Illustrated with vivid case studies, the book also covers the latest thinking and practices of the "second generation" of intellectual capital practices, from consolidating intellectual capital measures into a single "IC Index" to linking them with shareholder value creation systems.

About this title

Review:

'This book addresses a vital subject in the increasingly competitive environment in which organisations are now operating. Read it before your competitors do, or you are likely to be at a substantial disadvantage...the best available summary of the current state of play.' - Dr Bruce Lloyd, South Bank University, Ambassador

From the Author:

The key to success in the future.
The book explores the issue of intellectual capital and its centrality to success for companies today. We are told by many people that we are in the "knowledge era", yet companies still lack the tools needed to measure the value and contributions of their intangible assets, let alone manage them and extract value from them. Our purpose was to provide readers with a practical guide on how to create an intellectual capital measurement system, that would visualise the intangible resources a company can rely upon in the competitive battlefield. However, we also believed that too often absolute prescriptions are given, without taking into account the peculiarities and specificities of the situation each organisation faces. Thus, we decided to give readers not just a ready-made system for success, but a toolbox, outlining how to combine the different elements in different situations and for different purposes; not just a ready-made meal, but a cookbook for success. Therefore, we put a lot of emphasis on explaining the concepts used with their theoretical underpinnings, but also on grounding them in practical examples and in three cases which we follow throughout the book. Intangible resources typically make up more than half of the value of an organisation: if they are not measured they are not managed, and if they are not managed, the organisation will be at a serious disadvantage in today's harsh business world.

About this edition

• Publisher: New York University Press
• Publication date: 1998
• ISBN 10: 0814775128
• ISBN 13: 9780814775127
• Binding: Hardcover
• Number of pages: 156