Intellectual capital and its implications for organizations

in hive-175254 •  4 years ago 

Author: @dgalan,through Power Point 2010 tool, and using public domain image Pixabay


Introducción


Companies are increasingly looking for productive processes or the generation of services to be more efficient and effective, that is why they must be clear in the elements that make it up, both in its human talent, its structure as an institution and tangible resources that facilitate the work such as furniture, equipment, among others.

That is why today they are not satisfied with the typical operation to which companies are accustomed, but they are also looking for ways or strategies to increase the performance of their production and operational processes, that there is a better response to the provision of goods and services to users, that customers are satisfied and the staff is more proud of what they do.

We can affirm that every organization seeks new trends to generate greater resources, that each of the actions are carried out to the fullest, that the personnel feel identified with the institution and that a quality service can be provided to the users.

Image taken from:Pixabay

In the same way, every institution seeks to evaluate the resources it has and even add new strategies or the implementation of management models that achieve greater efficiency in its processes.

Among these elements we find intellectual capital, which according to Mena and Carguaytongo. (2017) defines it as "intellectual capital is the accumulation of knowledge that creates value or cognitive wealth". We can say then that the knowledge learned and generated by the people who perform the various activities in an organization, is a wealth of great achievements for it, thus allowing a successful response to its users.

Image taken from:Pixabay

At the same time, it is of utmost importance and essential to take into consideration the intellectual capital, because if it is not considered, it could be incurring in a lack of performance of the company and thus lead it to lower the responses to its customers.

Intellectual capital can improve the efficiency conditions of an institution and ensure that all its members work to the fullest without underperformance in the operational work of the organization.

I hope you like my article and I would appreciate all your comments.


BIBLIOGRAPHICAL REFERENCES CONSULTED:


1.- Mena, C., Vásconez, H., Carguaytongo, J. (2017). Intellectual capital from a theoretical review of published literature. Scientific journal Dominio de la Ciencia.

2.- Otalvarez, J. (2015). Analysis of intellectual capital in organizations. Universidad Francisco De Paula Santander Faculty of Administrative and Economic Sciences Public Accounting.

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Greetings @dgalan certainly human talent is essential in any organization and its performance is delimited by the intellectual capital of its members. Thanks for your

Greetings dear friend @madridbg The intellectual capital of workers is essential because they can solve and manage situations that are mutually beneficial, both for him and for the company.

Thank you very much for reading my publication

The human mind is an element that never stops, so the intellect of the workers of any financial institution should never be underestimated, since part of this resource such as intellectual capacity can be something to invest in and obtain great benefits.

Greetings friend and thank you for your valuable contribution.

Greetings friend @carlos84 very true investing in intellectual capital will bring many benefits to the profitability of the company and will help maintain a high level of efficiency and organizational effectiveness.

Thank you very much for your comments.

We are in the era of the knowledge worker
That reminds me of Steve Jobs hiring smart people, that's the point is not to belittle other people but you are not going to hire someone to whom you have to explain something they should know.

Greetings friend @ lanzjoseg Everything has its genesis and empirical knowledge is also very important.
However intellectual capital develops as human beings interact with society. For companies they are a fundamental pillar as they transform all processes in search of business and therefore personal satisfaction.

Thank you very much for reading my publication.

Greetings friend. There is no doubt that intellectual capital is of utmost importance for organizations, this intangible asset is what becomes results and benefits for the company. The possession of good knowledge, and well managed, generates experience, technology, innovations, and professional skills, which will lead to a competitive advantage in the market.

Greetings @emiliomoron very true your appreciation about intangible assets, its importance lies in being able to recognize that without it, companies could hardly be successful. Thank you very much for your comments

Great writeup!! Thanks for sharing such a wonderful idea.

Greetings @cindylove1 Undoubtedly it is essential that intellectual capital exists in all organizations so that they can achieve their goals and objectives.

Thank you very much for reading my post and for your comments.

One of the fundamental pillars of any company must be the intellectual capital, although it is true that organizations are sustained by financial income, it is also true that without the necessary intellectual capital they would not exist either. It is necessary that the organizations understand that they must take care, train and especially cultivate the intellectual production not only in the top management but in all its members. Very good post

Greetings @ emimoron I share with you the importance that lies in being able to train all members of an organization that affects the growth of their intellectual capital and promotes win-win.

Thank you very much for your comments

Greetings @galand, intellectual capital is one of the most important resources available to any organization, because it is this who with its capabilities allows to achieve organizational objectives in a more tiring way.

Greetings dear friend @Cralir . It is essential to have an intellectual capital in the organization so that there can be success, otherwise the goals set will take much longer to achieve generating loss of time and resources for the organization and persist until the bankruptcy of the same .
Thank you very much for your comments

Intellectual capital is one of the most essential factor that will make organization successful. That's why some organizations pay their top workers huge salaries and wages because they know just hope important their intellectual abilities are to the success of the organization. Nice article @dgalan

Greetings friend @ taiwo-write. Very accurate your comment. Intellectual capital is highly valued by companies as they are an important factor for their profitability.
Thank you very much for your comments.