Deloitte Touche Tohmatsu's James E. Copeland, Jr. discusses intellectual capital - Interview
Knowledge management and intellectual capital, related fields, are both based on the idea that more employee knowhow can contribute to organizational competitiveness. Little empirical work has been done in this area, however, especially regarding large groups of firms and direct comparisons of financial impact. This paper looks at the intellectual capital levels of firms participating in the food services industry, identifying those companies with high levels of IC and those with low levels. We then compare the financial results of the high and low performers. It appears there is a clear and significant difference in financial performance that can be attributed to possessing greater intellectual capital.
Employee retention refers to efforts by employers to retain current employees in their workforce. The underlying aim is to curtain employee turnover and associated costs: recruitment (hiring and training) expenses; productivity loss; lost customers; diminished business; and damaged morale among remaining members of the workforce. Retention, thus, becomes an irrefutable fact that needs to be studied in depth. The study of retention will prove incomplete without studying its flipside-attrition. Management practices prevalent in organizations studied has an interesting story to reveal. While examining the usual causes cited for leaving an organization by both employees and their managers there exists a considerable differences. In terms of differences, none of the employees cited a lack of...
...In today's economic conditions, intellectual capital and knowledge management are significant i...
Panel discussion on knowledge-centered business organizations - Includes related articles on intellectual capital and on management of knowledge capital at Canadian Imperial Bank of Commerce - Panel Discussion Business leaders are increasingly recognizing that knowledge is an important corporate asset in the same way that capital, technology, property and personnel are. Many are realizing that a company's knowledge capital can serve as a significant value-added advantage. The challenge facing CEOs is how to transform their companies into knowledge-based organizations. This issue was discussed during a roundtable discussion co-sponsored by Chief Executive magazine and Unisys Corp. Teleglobe CEO Charles Sirois suggested that business leaders shift their focus from the mechanical model of...
...Stewart is the Chief Marketing and Knowledge Officer of Booz & Company, a global management con... best-selling author, an authority on intellectual capital and knowledge management, and an influenti...
...AGNAIA, A.A. (1996). "Assessment of management training needs and selection for training: the cas...y LEIDNER, D.E. (2001). "Review: knowledge management and knowledge management systems: conce...37-49. . BROOKING, A. (1996). Intellectual capital. Core asset for the third millennium enter...
Knowledge management is critical in the pharmaceutical industry because its product is actually bottled knowledge. The industry emerged as an early adopter of knowledge management in the mid- to late-1990s but ended up focusing too much on intellectual capital and codification, rather than knowledge transfer and collaboration. Melinda Bickerstaff ventured into knowledge management at Bristol-Myers Squibb straight from the consulting practice KPMG, which focused on building KM consulting tools. She consciously decided not to lead with technology. Bickerstaff believes the best thing her group did was not to have a strategy up-front but rather let it emerge as a result of doing valuable work that people would label as part of KM. Now within Bristol-Myers Squibb, knowledge management is a v...
... will provide a continuous resource for knowledge updating and professional development. I argue tha... a dominant form of transferable knowledge capital. . In the past quarter century, we have seen the m... element in aiding and assisting management processes around the world. Arguably, the developm... guerilla development through stolen intellectual property are enormous. Much of this so-called unof...
The issue of valuing and measuring intellectual capital is important because the compelling reasons for valuation and measurement of intellectual capital and knowledge assets includes understanding where value lies in the company and the sectors of the national economy, and for developing metrics for assessing success and growth of companies and economies. Understanding and valuing knowledge capital is important because knowledge is the ultimate wellspring of unlimited resources, and it is crucial for us to understand what knowledge is and what it is not. This paper first defines intellectual capital then discusses the importance of accounting for and measuring intellectual capital. The paper also discusses current accounting standards relating to the accounting for intangible assets an...
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Other interesting searches:
City Of Avondale | paper recycling | Ramp Corporation | Allegiance Capital, Inc | ohio condominium roadways | abuso de autoridad codigo penal | tedesco giuridico | bases legales educacion venezuela | ley adquisicion vivienda habitat | PAYE
