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INFORMATION MANAGEMENT. - Coggle Diagram
INFORMATION MANAGEMENT.
INTANGIBLE ASSETS AND INTELLECTUAL CAPITAL
Intangible assets come from the knowledge, skills and attitudes of people and companies.
There are many types of intangible assets such as patents, trademarks, copyrights, goodwill, internet domains, franchises, etc.
They are resources that belong to the company and that can generate a great competitive advantage if they are properly managed.
Most intangible assets are not accounted for in the traditional financial statements of companies, since they are very difficult to quantify.
ESSENTIAL KNOWLEDGE, ESSENTIAL COMPETENCIES, ESSENTIAL ABILITIES AND INTELLECTUAL CAPITAL
Las COMPETENCIAS ESENCIALES son los conocimientos que permiten acceder a las oportunidades de futuro desarrollando mercados con productos que tengan valor para los clientes.
It is essential to keep in mind the knowledge needs that allow the organization to fulfill what is stipulated in its mission, vision and values, so that said knowledge is a priority.
We can explain the management of essential knowledge as follows: A few years ago, the so-called Knowledge Management became fashionable.
MANAGEMENT OF INTANGIBLE ASSETS AND INTELLECTUAL CAPITAL. MICROECONOMIC PERSPECTIVE
Intangible assets have their origin in the knowledge, skills, values and attitudes of people, these intangible assets are called Intellectual Capital.
The organization's intangible assets, if properly managed and measured, become a source of sustainable competitive advantage capable of providing organizational value and translating into significant benefits.
Intangible assets are a series of resources that belong to the organization, but are not valued from an accounting point of view.
Intangible assets are also the capacities that are generated in the organization when the resources begin to work in a group. Many people, instead of capacities, speak of processes or organizational routines.
INTELLECTUAL CAPITAL AS AN AGGREGATE OF ESSENTIAL KNOWLEDGE.
Intellectual capital is the fundamental raw material for knowledge management and begins with the recognition of intangible assets that make an organization efficient and competitive.
Intellectual capital in the framework of knowledge management is a topic of frequent treatment in the literature on business management, published by the most developed countries.
The study of intellectual capital, whatever the area of activity in which an organization performs: finance, business, economics, or another, is an essential function for identifying the resources available in a company.
THE THEORY OF INTELLECTUAL CAPITAL MANAGEMENT
Intellectual capital in the framework of knowledge management is a topic of frequent treatment in the literature on business management, published by the most developed countries.
Many of them provide immaterial benefits that now it is difficult to realize their existence, but that did not exist before, to the point that the organization cannot function without them.
The study of intellectual capital, whatever the area of activity in which an organization performs: finance, business, economics, or another, is an essential function for identifying the resources available in a company.
Intellectual capital is not a new term, but has been around since the time the first salesperson established a good relationship with a customer.
THE DIFFERENT STAGES IN INFORMATION MANAGEMENT: IDENTIFY, CAPTURE, STORE, DISTRIBUTE, SHARE AND REUSE.
Identify
Knowledge When talking about the Knowledge Cycle in a company or organization, the first step to take, however obvious it may seem, is the identification of the knowledge that resides within it as well as its characteristics or identifying elements.
Create Knowledge
This heading includes all the activities and processes aimed at creating knowledge, both individual and organisational.
Store Knowledge
Once the knowledge has been created (or identified), the next step in the Cycle is to store it.
Structure Knowledge
Intimately linked to Knowledge Storage is its structuring, since, when stored, knowledge must be properly structured, otherwise access to it will be impossible.
Distribute and Share Knowledge
Once the Knowledge has been collected and stored, it is time to make it available to the organization. Let us bear in mind that knowledge is intrinsically social.
INFORMATION AND KNOWLEDGE. THE IMPORTANCE OF PROPER INFORMATION MANAGEMENT TO ACHIEVE SUSTAINABLE COMPETITIVE ADVANTAGES
There is "information," which comes from the Latin word informatio, meaning "concept, scheme, or idea," and informare, meaning "to instruct, educate, or shape something."
While information presents facts and figures, it is the processing of those facts and figures that leads to knowledge, that is, understanding of a topic.
One of the main advantages of today's organizations is the generation of data which, in turn, and proper management, become information that, once it is applied to the elements of the organization, is transformed into knowledge.
Organizations exchange knowledge and transact with it. Likewise, they send as much knowledge as possible that allows them to create and innovate in different areas of the company.
THE PROBLEM OF THE VALUATION OF INTANGIBLES
This tool confirms that, with the evaluation of intangible assets, it is not possible to claim to obtain totally exact results, but to build a model that promotes a range of value that considers important elements for the knowledge of intangible assets.
This method can be presented within the basic theory of asset valuation and particularly within the valuation of intellectual capital as an extension of the Net Present Value (NPV) method.
:Human capital, relational capital and structural capital, and finally define a set of indicators for each intangible element.
When the subject of intangible asset valuation methods is addressed, there is a large number of authors who have worked and have provided a reference framework for the measurement and evaluation of these assets.