Intellectual capital management

The purpose of this article is to first delineate the concept of Intellectual Capital then explains the why and how of Intellectual Capital management.

An exploratory research design has been used in this study. Content Analysis technique has been used in this article.

This paper decipher that Intellectual Capital has great relevance in the value addition in an organization. And when it comes to prevailing business scenario in which service sector plays a lead role, intellectual capital management is very much required in order to sustain the position of the organization in the market for long. Managing intellectual capital consists of several issues which are necessary to be resolved in order to manage it e.g. management of intellectual capital is not at all possible unless it is measured and measurement of intellectual capital is not possible unless it is identified or recognized.

This paper provides clear understanding about why intellectual capital of an organization should be managed and how it is to be managed.