Name: Mr Adnan Rizal bin Haris
Position: Librarian, Collection Development Unit
Book: Intellectual Capital: The New Wealth of Organizations
Author: Thomas A. Stewart
This book explains the important of knowledge and information in the Information Age, and the emergence of Internet and social media communication platforms which use information and knowledge to create other new things to get profits. The workers in the organisation are the important assets that should be retain. Their experiences would become knowledge to others. The information technology has speed up the growth of information-based products by an organisation. It would help tacit knowledge becomes explicit in order other people to access. It is one of the knowledge management tools. The human capital being important element since the first stage of industrial revolution started in late 18th century.
This book explaining on the importance of keeping the ‘capital’ of an organisation – staff itself that makes the organisation operations running every day. The knowledge and experience gain by the staff should be useful to contribute back to the place of he or she worked for in making business profit. Providing training for human capital would lead to creating new leaders.
Workers who share knowledge in an organisation will create a Community of Practice which involved knowledge transfer and innovation.
I recommended this book in order we to learn and explore more on how to manage human capital in the organisation and what they could contribute in multiple things to make the organisation grow stronger.
“Information and knowledge are the thermonuclear competitive weapons of our time. Knowledge is more valuable and more powerful than natural resources, big factories, or fat bankrolls. In industry after industry, success comes to the companies that have the best information or wield it most effectively—not necessarily the companies with the most muscles. Intellectual capital is intellectual material—knowledge, information, intellectual property, experience— that can be put to use to create wealth.”
This book is available at the Perdana Library. If you are interested in reading or borrowing the book, please contact Ms Magdalena (email@example.com)