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Leaders are debating the changing nature of work and the perceived decline in job security (the lifelong career at a benevolent company is a fading memory) and the erosion of corporate loyalty. Innovative high-technology corporations are currently paying employees large bonuses to recruit top talent.
Inside you’ll find scenarios, case studies, tips, templates, and checklists that will help you capture and retain your company’s intellectualcapital as Baby Boomers leave the workplace. But when they do leave, they will take with them years of institutional knowledge acquired on the job. workforce is between 45 and 64.
Instead, ideas, technologies, capabilities, and resources somehow organize themselves to meet the human and financial needs of new ventures. The sector has entities, too, to improve the flow of intellectualcapital. It will continue to shorten the half life of every technology, product, and market niche.
McKinsey responded that it was actually investing more on intellectualcapital, but on the industry-specific variety of more use to consultants and clients.) Consultants by definition spend most of their careers as outsiders, guns hired from afar to help clients shoot at problems. The desire to be an insider.
As technology continues to change and challenge even the most successful incumbent organizations in every industry, the cost of inertia is growing. According to Ocean Tomo, a consulting firm focused on intellectualcapital, physical assets (plant, property, and equipment) made up more than 80% of the market value of the S&P 500 in 1975.
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