The Strategic Management of Intellectual Capital

The management of intangible resources like competence, relationships, brands, processes and systems is of vital importance to creating and maintaining competitive advantage in Business. With technology evolving at the current rate, it can be nearly impossible to keep up and maintain a competitive edge.

Intellectual Capital as a Management Tool: Essentials for Leaders and 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.

Goran Roos is a member of numerous government and company boards and holds academic positions in Australia and China. He is a fellow of the Australian Academy of Technological Sciences and Engineering (ATSE) and of the Royal Swedish Academy of Engineering Sciences (IVA).

Stephen Pike is Research Director, Intellectual Capital Services Ltd.