Intellectual capital

Intellectual capital refers to the value of the collective knowledge of a company that can provide some type of economic benefit. It is an intangible value and includes everything that is not physical and that adds productive capacity to an organization.
 
It is divided into three categories:
  • Human capital: includes the skills, education, and experience of employees within an organization and who add value to the company. It can be increased through training. An organization's human capital also shows how effectively resources are being used to help employees reach their potential.
  • Relational capital: encompasses all the valuable relationships an organization has, including its employees, customers, partners, suppliers, etc.
  • Structural capital: refers to organizational culture, intellectual property, innovation and all non-physical infrastructure. It is the knowledge and value that belongs to the structure and processes of an organization.
 
Seminar, M. (2020) . Intellectual capital. Concept, types and business dimension. Penthouse Group34. Retrieved from:
We also talk about it in our blog:
How to humanize our organization
How to humanize our organization

If everyone is convinced that people are an organization's most valuable asset, why aren't more efforts dedicated to humanizing corporate management? Today, we provide you with several tips on how to achieve it.