Part 15 - Unlocking Intellectual Capital
Investopedia defines Intellectual Capital (IC) as the value of a company's employee knowledge, skills, business training, or any proprietary information that may provide the company with a competitive advantage.
It is a SCNiiC mission to assist clients in unlocking of IC in their operations, with a specific focus on the three focus areas of sustainability, climate neutrality and natural capital. The unlocking process is to be followed by establishing a suitable growth strategy. Clients vary from relatively small SMEs to large corporates. In the latter, one approach is to identify smaller functional units within the organisation, to be subsequently treated as if a SME.
Considering the three listed focus areas, the process proposed could be considered as the “Unlocking of green capital” referring to the capability and capacity in the organisation to contribute applicable solutions to these focus areas
Intellectual capital is considered an asset, broadly defined as the collection of all informational resources a company has at its disposal to drive profits, gain new customers, create new products, or otherwise improve the business. It is the sum of employee expertise, organizational processes, and other intangibles that contribute to a company's bottom line.
Over the last two decades, the term Intellectual Capital (IC) has become synonymous with the knowledge economy, whereby the intangible resources of organisations are linked to the development of value. The SCNiiC strategy is to provide a methodology for the unlocking of Intellectual Capital with specific focus on a green economy.