Intellectual capital : the new wealth of organizations / Thomas A. Stewart.
By: Stewart, Thomas A.
Material type: BookPublisher: New York : Doubleday / Currency, c1997Description: xxi, 261 p. : ill ; 25 cm.ISBN: 0385482280.Subject(s): Creative ability in business | Success in business | Human capitalDDC classification: 658.406Item type | Current library | Call number | Copy number | Status | Date due | Barcode | Item holds |
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General Lending | MTU Bishopstown Library Lending | 658.406 (Browse shelf(Opens below)) | 1 | Available | 00010612 |
Enhanced descriptions from Syndetics:
Knowledge has become the most important factor in economic life. It is the chief ingredient of what we buy and sell, the raw material with which we work. Intellectual capital--not natural resources, machinery, or even financial capital--has become the one indispensable asset of corporations. Intellectual Capitalis a groundbreaking book, visionary in scope and immediately practical in application. It offers powerful new ways of looking at what companies do and how to lead them. This is the first book to show how to turn the untapped, unmapped knowledge of an organization into its greatest competitive weapon. It reveals how to unlock the value of hidden assets; how to find them in the talent of a company's people, the loyalty of its customers, and the collective knowledge embodied in an organization's culture, systems, and processes. And it shows how to manage these vital assets--which until now have largely been ignored. Dazzling in its ability to make conceptual sense of the economic revolution we are living through,Intellectual Capitalcuts through the vague rhetoric of "paradigm shifts" to show how the Information Age economy really works--and how to make it work for you and your business. Thomas A. Stewart is an award-winning member of the board of editors ofFortune magazine. He pioneered the field of intellectual capital in a series of landmark articles that earned him an international reputation as the chief expert on the subject. The Planning Forum called him "the leading proponent of knowledge management in the business press," andBusiness Intelligence, a British research group, gave him a special award for his outstanding contributions to the field. He lives in Manhattan.
Includes bibliographical references (pages 247-261) and index.
Part One: The information age: Context -- The knowledge economy -- The knowledge company -- The knowledge worker -- Part Two: Intellectual capital: Content -- The hidden gold -- The treasure map -- Human capital -- Structural capital I: Knowledge management -- Structural capital II: The danger of overinvesting in knowledge -- Customer capital: Information wars and alliances -- Part Three: The net: connection -- The new economics of information -- The network organization -- Your career in the information age.
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Reviews provided by Syndetics
Library Journal Review
Stewart, a member of the board of editors of Fortune magazine, is a forerunner in the field of "intellectual capital." Opening with the statement that "information and knowledge are the thermonuclear competitive weapons of our time," he defines intellectual capital as the total of everything that everyone in an organization knows, e.g., "knowledge, information, intellectual property, experience," and other things that can be used in "wealth" creation. Stewart then argues that the efficient use of an organization's knowledge may determine its success or failure. This volume has its theoretical side but contains many examples taken from companies such as General Electric, Hewlett-Packard, and Merck, so it is also very usable and practical. A timely title that should be available in all public, school, and academic collections and on the reading lists of all corporate executives as well.Littleton M. Maxwell, Univ. of Richmond, Va. (c) Copyright 2010. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.Publishers Weekly Review
It is ironic that in a book about how to use knowledge, Stewart, former president and publisher of Atheneum, doesn't begin with his strongest material. Instead of stressing the three components of intellectual capital-human, organizational and customer-he devotes nearly the first third of the book to documenting the importance of knowledge in today's workplace. The problem is that stories about how 80% of the cost of producing a pair of Levi's blue jeans goes for information and how America now spends more on information technology than on production equipment read like old news-and should. Stewart has covered this ground in Fortune magazine, of which he is a member of the board of editors (citing himself nearly three dozen times in the notes). What's new in this engaging and well-written book is the discussion about how corporations can increase their workers' knowledge, capitalize on the implicit knowledge within the organization and exploit the value of their relationship with customers, what he calls "customer capital." And Stewart is a pro at explaining how managers can determine which workers have knowledge worth keeping and which can be easily replaced. Managers need that kind of information more than they do background. (Mar.) (c) Copyright PWxyz, LLC. All rights reservedAuthor notes provided by Syndetics
Thomas A. Stewart lives in New York City.(Bowker Author Biography)