IC Rating - Edvinsson

Categories: Articles  |  Books  |  Dictionary  |  Faq  |  Home  |  Leaders  |  MBA  |  Organizations  |  Search

Intellectual Capital Rating

Measuring Intellectual Capital:

Summary of Edvinsson's IC Rating. Abstract

© / ™

Intellectual Capital Sweden AB

Intellectual Capital can be said to constitute value creating factors not shown in traditional balance sheets, but which are of critical importance to a company's long-term profitability. IC Rating is a way of measuring intellectual capital from a new perspective and with a new approach focus on the assets that in fact decide the ability of knowledge based companies to create value for its interest groups.

An IC Rating provides management with a foundation for optimizing the competitiveness of the organization by functioning as:

• A foundation of a modern business control system with clear and measurable goals for maximizing future profitability. This analysis can be repeated in order to measure the goal achievement;

• A basis for improvement and change activities which can be used on both management- and operational levels. The areas of improvement can be identified after which decisions about changes can be made;

• A structured image of value creating assets that can be used in market communication (investor relations, annual reports) as well as within the organization, where the tool creates a new basis and a new language for internal aspects important to the business activity.

Compare: Intangible Assets Monitor  |  Balanced Scorecard  |  Strategy Maps  |  PRISM  |  Organic Organization

Category

Valuing Intangibles

Intellectual Capital

Books

Edvinsson, Corporate Longitude

Kaplan, Norton, The Strategy- Focused Organization

Standfield, Intangible Management

Lev, Intangibles: Management, Measurement, and Reporting

Smith, Valuation of Intellectual Property and Intangible Assets

More on: Organizational Learning

About us  |  Advertise  |  Privacy  |  Support us  |  Terms of Service

©2019 Value Based Management.net - All names ™ by their owners