Achieving return on critical knowledge

Summary form only, as given. In today´s marketplace, companies that survive and prosper will build alliances with international partners and have global strategies at their core. Those companies will also realize that their number one business discriminator is intellectual capital. The day of capital investment and technology being the essential competitive advantage is a thing of the past. A major challenge is to recruit the best and brightest and maintain that advantage over time. Companies that transfer knowledge and encourage innovation throughout the organization in order to maximize effectiveness will be the most successful. This paper reviews issues and strategies to maximize the organizational effectiveness of intellectual capital