THOUGHT FOR THE DAY

Intellectual growth

“Intellectual growth should commence at birth and cease only at death ” - Albert Einstein

TOPIC OF THE DAY

Management of Intellectual Capital

Knowledge has become the most important fact of economic life of organizations. Today the concern of organization along with earning profits and being economically viable is to retain and exploit the talent of the people who work in the organization; to gain the loyalty of the customers it serves and learns from; to estimate and increase the value of its brands, copyrights, patents and other intellectual capital; to harness the collective knowledge embodied in its systems, to keep its management techniques, and history unique to itself. The above-mentioned are vital assets that are rarely managed and almost never managed skillfully; this is more true in the Indian context.

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