How to influence the job rotation of the employee on. Intellectual capital risks and job rotation, journal of. A contribution from a hrperspective abstract this study, as far as known, provides the first integrative attempt to explore the role of intellectual capital ic in the relationship between human resource management hrm and. The idea that competitive advantage is gained through the application of intellectual capital, is a main driver for enbridges participation. The structural capital is the organisational resources or competencies made up of systems, procedures, cul. It helps management in discovering the talent of employees and determining what he or she is best at. Request pdf intellectual capital risks and job rotation purpose this study aims to shed light on the phenomenon of intellectual capital ic risks. How to develop and monitor your companys intellectual. Whereas the job rotation process can be viewed as advantageous for ic management, it also entails risks. A critical approach on definitions and categorization 58 capital and on the other hand, the book value suffers both the influence of accounting system and international accounting standards. Intellectual capital found to be of significance in respect of enhancing organizational performance and organizational profitability 8.
Assessing risks involved in protecting the enterprises intellectual assets or structural capital and using an effective intellectual property strategy to minimize business risk. Maximizing rotational assignments the conference board. Jun 07, 2015 the intellectual capital in addressing current or projected states. More precisely, the perception of such risks in the context of the job rotation process often applied in. Intellectual capital human capital structural capital customer capital. This study aims to shed light on the phenomenon of intellectual capital ic risks. Intellectual capital has therefore been used in the study. Understanding the various effects that exist among intellectual capital, knowledge sharing, and organizational performance is the main purpose of this study. The term intellectual capital collectively refers to all resources that determine the value of an organization, and the competitiveness of an enterprise. Ces working papers volume vi, issue 4 57 intellectual capital. Intellectual capital a strategic factor of socioeconomic. Leo organizations need to understand the importance of intellectual capital, particularly at this time in terms of our current economic business. Seven semistructured interviews are conducted in an exemplary knowledgeintensive mnc operating in the construction industry.
Intellectual capital is simply the sum total of all the intangible assets intangibles in an organization. Another disadvantage of job rotation is that sometimes, employees even after working for few months, in another department hardly learn anything. The final step discusses the reporting and disclosure of intellectual capital, and provides guidance on how to prepare such reports. What is essential to make this approach viable is the analysis. The effect of intellectual capital on organizational. Examples of this include industry insights, trends and forecasts. This study aims to stress on the phenomenon of intellectual capital ic risks. Management of intellectual capital has closely relationship with knowledge management to the extent that for organizations proper communicating between intellectual capital and knowledge management is critical. Ultimately, the objective of this research is to study the impact of intellectual capital efficiency on market value of iranian pharmaceutical industry.
The purpose of this empirical study is to investigate the relationship between six elements of intellectual capital such as human capital, structural capital, customer capital, social capital, technological capital and spiritual capital with organizational performance in malaysia. The number of companies whose value depends on the intellectual capital in. These executives come together to develop the intellectual capital that provides. Job rotation is a management approach where employees are shifted between two or more assignments or jobs at regular intervals of time in order to expose them to all verticals of an organization. We create sustainable value through our talent management strategy that focuses on. Muhammad and ismail 2009 examined the relationship between intellectual capital and business performance in the malaysian financial sector, they concluded that intellectual capital has a positive relationship with firm performance measured by roa and profitability. Job rotation as a learning mechanism management science. The methods applied are the synthesis and analysis of academic research and publications. The human capital of a company is all of its human resources the expertise, experience, skills and abilities to perform jobs and tasks, including former employees. More precisely, the perception of such risks in the context of the job rotation process often applied in multinational corporations mncs is to be. The influence of intellectual capital on knowledge sharing. The results of the quantitative analysis showed a level of.
Journal of intellectual capital higher school of economics. Apr, 2012 this study aims to shed light on the phenomenon of intellectual capital ic risks. One of the greatest assets of an organisation is its intellectual capital. Job rotation may present a risk to intellectual capital. The investment in developing intellectual capital in procurement is a serious consideration, as is the creation of knowledge management.
The intellectual capital in addressing current or projected states. Disadvantages of job rotation management study guide. I compare job rotation to an assignment policy where employees specialize in one job along their career. Intellectual capital includes knowledge and competencies residing with the companys employees. Economists assert that intellectual capital ic is a vital asset that helps organizations to create value in present economic syndrome and enables the organizations to be innovative. World conference on intellectual capital for communitiesseventh edition intangibles and risk in the context of the job rotation process ii main findings managers involved are only aware of a limited number of ic related risks, e. Proceedings of the 11th international management conference the role of management in the economic paradigm of the xxist century nnovember 2 d4th, 2017, bucharest, romania an effort to estimate the market value of a company, as stated by john kenneth galbraith in whose vision the intellectual capital represents more a form of. Intellectual capital the commitment and competence of workers is embedded in how each employee thinks about and does work and in how an organization creates policies and systems to get work done. Leo organizations need to understand the importance of intellectual capital, particularly at this time in terms of our current economic business environment. Combining agile software capstone report development.
The number of companies whose value depends on the intellectual capital in recent years has been increasing. This lack of consistency in reporting frameworks by australian firms presents a challenge for organisations considering embarking on intellectual capital reporting. Evaluating model, journal of intellectual capital, vol. Intellectual capital can be located in its people, its structures and its customers stewart, 1997. He is a recognised as a leading professional speaker and consultant in the field of intellectual capital, knowledge management and organisational learning all over the world. The process serves the purpose of both the management and the employees. Implementing job rotation and crosstraining for your team. In order to test the hypotheses of this study, the approach suggested by 1 was undertaken. Matrix report into the exploitation of intellectual.
Intellectual capital and business performance in the. More precisely, the perception of such risks in the context of the job rotation process. Job rotation is a wellplanned practice to reduce the boredom of doing same type of job everyday and explore the hidden potential of an employee. More precisely, the perception of such risks in the context of the job rotation process often applied in multinational corporations mncs is to be investigated. Intellectual capital management asia pacific intellectual. Purpose this study aims to shed light on the phenomenon of intellectual capital ic risks. The importance of developing intellectual capital for innovative organizations. A free inside look at intellectual capital services salary trends based on 3 salaries wages for 3 jobs at intellectual capital services. Impact of intellectual capital on financial performance. Intellectual capital risks and job rotation request pdf. Measuring and reporting intellectual capital research team. More precisely, the perception of such risks in the context of the job rotation process often applied in multinational corporations.
Innovation and internal reporting of intellectual capital. Intellectual capital risks and job rotation intellectual capital risks and job rotation julia brunold. This article analyzes the costs and benefits of job rotation as a mechanism with which the firm can learn about the employees productivities and the profitability of different jobs or activities. It is commonly subclassified into human capital, structural capital and relational capital. A critical approach on definitions and categorization diana gioacasi abstract. The results of this study proved that there is a significant positive effect of intellectual capital on organizational performance. Job rotation and adequate staffing can remedy the problem and having fun at work doesnt hurt, either. Apr, 2012 intellectual capital risks and job rotation julia brunold. For all other assets of a company, there exists standard criteria for expressing their value. The majority of smes understand the generality of intellectual capital and particularly the vital element of human capital. This result supports the conclusions of 12 66 124 6 7.
The biggest challenge by far is establishing a consensus about the need to report, what. The relation between intellectual capital and knowledge society can be seen as a relation between the past and the future graph 1, namely between the outcomes and the present and the ability to generate such outcomes in the future, too. Intellectual capital and business performance 2 extensively in a variety of academic journals and has completed three books. The most well known asset types are tangible in nature. First, intellectual capital is a firms only appreciable asset.
Tangible capital therefore refers to the physical and. Intellectual capital ic the international federation of accountants iafc 1998 offers the following definition of intellectual capital. The change from the predecessor to the successor is a critical stage. Intellectual capital is defined as all knowledge within an organisation which has the potential to create value when applied in line with the mission, vision and goals of the organisation. The final step discusses the reporting and disclosure of intellectual capital,and provides guidance on how to prepare such reports. I compare job rotation to an assignment policy where employees specialize in. The importance of developing intellectual capital for. The influence of intellectual capital on the performance. If no knowledge was documented by the predecessor the. The impact of intellectual capital efficiency on market. Intellectual capital risks and job rotation emerald insight. Intellectual capital has become the leading resource for creating economic value and there are an important number of publications focused on this area of research. The objective of this paper is to analyze both definitions of the intellectual capital and the. All your efforts go waste when the end result is a zero.
The intellectual capital that developed in the past according to an organizational architecture based on. Salaries posted anonymously by intellectual capital services employees. Matrix report into the exploitation of intellectual capital by smesin northern ireland integrityni. Data were gathered from 356 employees working in manufacturing companies in jordan. Intellectual capital risks and job rotation julia brunold, susanne durst. Intellectual capital is defined as the organizational resources which comprise human capital, structural capital and relational capital bontis, 1998. Journal of intellectual capital, issn 14691930, eissn 17587468, vol. To present the paper, this article is divided into two major sections, the first section depicts. Job rotation is the systematic movement of employees from job to job within an organization, with job assignments usually running for a year or more. It is a preplanned approach with an objective to test the employee skills and competencies in order to place him or her at the right place. Understandably, the term intellectual capital from a human resources perspective is not easily translatable into financial terms. The influence of intellectual capital on the performance of. Moreover, employee performance was viewed from the dimension of the quality of work, quantity of work, responsibility, and attitude. Intellectual capital risks and job rotation julia brunold and susanne durst institute for entrepreneurship, university of liechtenstein, vaduz, principality of liechtenstein.
Intellectual capital from an hr perspective dont lose your most important asset sid adelman and charles p. Identifying the processes, relationships and management of that capital is a vital business differentiator. Pdf the relationship between intellectual capital and. Matrix report into the exploitation of intellectual capital. Effect of intellectual capital on organizational performance. This study addresses selected practices used within agile software development, with interest in practices that involve facetoface interactions between smes and other developers. Intellectual capital is includes human capital, structure capital, and customer capital.
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