In companies where intellectual captial is crucial to good strategy execution, which is generally not the practices companies use to establish a telented knowledge base?

Question

Business

Mark Li

17 July, 10:10

In companies where intellectual captial is crucial to good strategy execution, which is generally not the practices companies use to establish a telented knowledge base?

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Answers (1)

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Mike Summers · Answer 1

Coaching average performers to improve their skills and capabilities, while weeding out underperformers and benchwarmers.

Explanation:

The intellectual capital of a company is represented by its human asset that is composed of all the employees that make up the organization. Its importance to the business is extremely relevant because it is the intellectual capital that performs the activities and strategies that will leverage the organization in the market.

Because they are intangible assets, knowledge, ideas and level of innovation are difficult to measure despite their great relevance to organizational success. Therefore, it is essential that every company invests in employee evaluation practices and training and development for the development, innovation and updating of their skills and competencies, in order to increase the performance, motivation and capabilities of organizational intellectual capital.