Intellectual Capital as a Management Tool

With technology evolving at the current rate, it can be nearly impossible to

keep up and maintain a competitive edge. Hence, the management of intangible

resources like competence, relationships, brands, processes and systems

is of vital importance to create and sustain competitive advantage in business.

Managers covers a review of the development of the intellectual capital field

and discusses the key domains of study where the intellectual capital view

of the firm has made major contributions. The book introduces an updated

version of the Intellectual Capital Navigator as an operational tool to help

managers maximise value generation from an organisations portfolio of

diverse resources. This tool is the only tool that enables organisations to use

the resource based view of the firm in an operational way. The book also

discusses future developments of the Intellectual Capital Navigator, increasing

its precision around the financial aspects of the organisation.

The book has broad application across all types of organisations and in all

operating environments and is vital reading for managers who want to understand

and exploit the importance of managing intellectual capital.