Managing Intellectual Capital LO9333

Walter Derzko (wd@itrc.on.ca)
Fri, 9 Aug 1996 09:42:17 -0400

Replying to LO8969 --

Dr. Ivan Blanco" <BLANCO@BU4090.BARRY.EDU> writes from the learning-org list:

>Replying to LO8928 --

>I am back and trying to get back into the rhythm. I wanted to say that I
>would not use the expression "managing intellectual capital." I would
>prefer to say that we might be able to manage the situation to create an
>environment where people's intellectual capacity flourishes... it is
>there, and we cannot manage it!

Ivan, I would disagree with your notion that it cannot be managed.

The environment is only one part of the story. Innovation is a
combination of high management capability and commitment and high
individual creativity.

Other combinations produce the following results**:

management
capability HIGH Underchallenged Innovation
and commitment

LOW Stagnation Undercommitted

MODERATE HIGH


Individual Creativity

**From the Derzko Innovation Inventory (C)

Both management capability and commitment, teaching thinking skills to
individuals and applying thinking skills (such as strategic thinking)
can be managed, as a number of companies are in fact doing.

Definition:

Companies such as Skandia in Sweden use the following definition for
intellectual Capital:

Market Value
/ \
Financial Capital Intellectual Capital
/ \
Human Capital Structural Capital
(all staff) / \
Customer Capital Organizational Capital
/ \
Innovation Capital Process Capital

Walter Derzko
Founder Creativity Consortium
An international club/network for lateral thinkers
wderzko@epas.utoronto.ca (until May)
wd@itrc.on.ca (after)
(416) 588-1122
http://itrc.on.ca/CreativityConsortium/

-- 

Walter Derzko <wd@itrc.on.ca>

Learning-org -- An Internet Dialog on Learning Organizations For info: <rkarash@karash.com> -or- <http://world.std.com/~lo/>