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Strategic Knowledge - Essay Example

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In relation to strategic knowledge, the notion of ‘intellectual capital’ is primarily described as the financial value of two segments of intangible assets belonging to a specific organisation that include organisational as well as human capital. In this similar context,…
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Strategic Knowledge
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Download file to see previous pages al., n.d.). With the intention to determine that whether the idea of intellectual capital can be managed at the strategic level or not, it can be affirmed that intellectual capital aids an organisation to generate greater value to the customers and drive success at in the long-run. Contextually, it has been viewed that the success of several foremost organisations including Microsoft, Amazon and Google among others have been typically based upon their respective intellectual capital in terms of managing it in an effective manner (Marr, 2008).
Samsung Group, popularly known as Samsung, is one of the biggest Information Technology (IT) based global organisation that deals with various products and services including consumer electronics, medical instruments, mobile phones and telecommunication related equipments (Samsung, 2012). Notably, the vision of the company is to incessantly develop its pioneering technological advancements as well as effectual business procedures with the intention of penetrating into new business markets, enhancing profitability and most significantly accomplishing superior competitive position over its chief business market competitors (Samsung, 2012). Thus, it can be stated that the group can attain its expected business goals within the context of KM by effectively managing its intellectual capital.
Based on these considerations, the discussion henceforth will intend to present a comprehensive analysis of the statement concerning the issue that whether the perception of intellectual capital can be managed at the strategic level. Different important aspects that include knowledge management or environment related managerial concerns, intellectual along with social capital, communities of practice and soft systems thinking will also be portrayed in this discussion.
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