Developing a Measure of Intellectual Capital fit: an Approach to Improve Business Processes

Accounting standards acknowledge the importance of Intangible Assets in evaluating a Company Value. In this period of turbulent markets, the capacity of a company to resist is strictly connected to its ability to leverage and develop its Intellectual Capital. This article makes a point in the literature about Intangible assets as a strategic asset for companies' development. We will show how the adoption of proper Knowledge Management practices can help the exploitation of the intangible asset as a key competitive factor. Intellectual capital is an asset difficult to measure. However, the intellectual capital is relevant when producing value for an organization. The approach that we have developed at Corvinus University, and we are testing in different business contexts is promising to provide an indication of the real fit of competencies between individuals and the required knowledge necessary to run an organization.