Rethinking traditional methods for measuring intellectual capital.
Historically, approaches to measuring intellectual capital have included both conventional accounting-based measures, such as variants of the market-to-book ratio, and more progressive measures, such as the measurement of intangible assets found in approaches such as the Balanced Scorecard and Human Resource Accounting. As greater emphasis is placed on intellectual capital and its various aspects in the continually growing service and knowledge economy, the use of assessment instruments to inventory the alignment, balance, and variety of intellectual capacities and metrics that assess the effectiveness of succession planning may represent new directions in which organizations can head in the measurement of this important construct.
Corso
John A
JA
Center for Professional Development, School of Continuing Studies, Georgetown University, MD 20854, USA. corsojohn@aol.com
D000066:Accounting / Q000458:organization & administration; D003142:Communication; D003405:Creativity; D004650:Employee Performance Appraisal / Q000458:organization & administration*; D005544:Forecasting; D017408:Guidelines as Topic; D006280:Health Workforce / Q000458:organization & administration*; D006801:Humans; D018973:Intellectual Property; D019359:Knowledge; D040541:Marketing / Q000458:organization & administration*; D015233:Models, Statistical; D010043:Outcome and Process Assessment, Health Care / Q000458:organization & administration; D010561:Personnel Staffing and Scheduling / Q000458:organization & administration*; D011361:Professional Competence / Q000592:standards*