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Proceedings of the 3rd European Conference on Intellectual Capital

Proceedings of the 3rd European Conference on Intellectual Capital

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Florinda Matos et al.<br />

O<str<strong>on</strong>g>the</str<strong>on</strong>g>r remarkable result is that innovati<strong>on</strong> has increased at <str<strong>on</strong>g>the</str<strong>on</strong>g> group level. The company has an<br />

innovative area that is active in some ways. There are several levels <str<strong>on</strong>g>of</str<strong>on</strong>g> innovati<strong>on</strong>: <str<strong>on</strong>g>the</str<strong>on</strong>g> elementary<br />

level (incremental type) or disruptive innovati<strong>on</strong>. Innovati<strong>on</strong> is at <str<strong>on</strong>g>the</str<strong>on</strong>g> product level but also at <str<strong>on</strong>g>the</str<strong>on</strong>g> level<br />

<str<strong>on</strong>g>of</str<strong>on</strong>g> equipment and processes. The company does not register <str<strong>on</strong>g>the</str<strong>on</strong>g> patents or trademarks, so <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

competiti<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g>ten copies <str<strong>on</strong>g>the</str<strong>on</strong>g> innovati<strong>on</strong>s. In <str<strong>on</strong>g>the</str<strong>on</strong>g> future, <str<strong>on</strong>g>the</str<strong>on</strong>g> company is c<strong>on</strong>sidering starting to register<br />

trademarks and patents.<br />

The report <str<strong>on</strong>g>of</str<strong>on</strong>g> best practices for each functi<strong>on</strong> increases company performance. When it is necessary<br />

to replace an employee, <str<strong>on</strong>g>the</str<strong>on</strong>g> company tries to find ano<str<strong>on</strong>g>the</str<strong>on</strong>g>r employee with similar experience. The goal<br />

is that <str<strong>on</strong>g>the</str<strong>on</strong>g> company will not be affect by <str<strong>on</strong>g>the</str<strong>on</strong>g> leave <str<strong>on</strong>g>of</str<strong>on</strong>g> <strong>on</strong>e employee, as <str<strong>on</strong>g>the</str<strong>on</strong>g>y work as team sharing<br />

multitasks.<br />

In subjects c<strong>on</strong>sidered as intellectual property (times <str<strong>on</strong>g>of</str<strong>on</strong>g> manufacturing, new products, new processes)<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g>re is a permanent informati<strong>on</strong> trace.<br />

The company is quality certified with safety and food hygiene.<br />

The envir<strong>on</strong>mental policies, focused <strong>on</strong> sustainability, are a c<strong>on</strong>stant c<strong>on</strong>cern <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> company.<br />

The company m<strong>on</strong>itors <str<strong>on</strong>g>the</str<strong>on</strong>g> social area in <str<strong>on</strong>g>the</str<strong>on</strong>g> regi<strong>on</strong> where it acts to try to reduce <str<strong>on</strong>g>the</str<strong>on</strong>g> social problems<br />

that can have an effect <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g>ir business.<br />

Currently <str<strong>on</strong>g>the</str<strong>on</strong>g> company's partnerships are restricted to <str<strong>on</strong>g>the</str<strong>on</strong>g>ir ec<strong>on</strong>omic group and to an educati<strong>on</strong>al<br />

instituti<strong>on</strong> in <str<strong>on</strong>g>the</str<strong>on</strong>g> regi<strong>on</strong>.<br />

Most <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> company's staff studied at <str<strong>on</strong>g>the</str<strong>on</strong>g> higher educati<strong>on</strong> instituti<strong>on</strong>.<br />

The company has been awarded (for about 4 years), for recogniti<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> best practices in integrating<br />

and accepting people in temporary work. The m<strong>on</strong>itoring <str<strong>on</strong>g>of</str<strong>on</strong>g> competiti<strong>on</strong> and market studies are made<br />

by o<str<strong>on</strong>g>the</str<strong>on</strong>g>r companies in its group.<br />

The company has a specific area for complaints. All complaints are dealt with individually.<br />

The company has a fixed set <str<strong>on</strong>g>of</str<strong>on</strong>g> products; however, it will launch new products to evaluate customer<br />

behavior.<br />

The company operates <strong>on</strong>ly in <str<strong>on</strong>g>the</str<strong>on</strong>g> Portuguese market. There are no internati<strong>on</strong>al projects, since <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

domestic market is sufficient. Possible strategies for internati<strong>on</strong>alizati<strong>on</strong> are always dependent <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

policies defined by <str<strong>on</strong>g>the</str<strong>on</strong>g> ec<strong>on</strong>omic group in which <str<strong>on</strong>g>the</str<strong>on</strong>g> company operates.<br />

Whenever <str<strong>on</strong>g>the</str<strong>on</strong>g>re is a new idea, it is validated in <str<strong>on</strong>g>the</str<strong>on</strong>g> market in two ways: through <str<strong>on</strong>g>the</str<strong>on</strong>g> number <str<strong>on</strong>g>of</str<strong>on</strong>g> sales<br />

and through customer feedback.<br />

Any product, before being placed <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g> market, is tested for <str<strong>on</strong>g>the</str<strong>on</strong>g> presentati<strong>on</strong> and<br />

behavior/positi<strong>on</strong>ing <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g> shelf.<br />

The new products are <str<strong>on</strong>g>the</str<strong>on</strong>g> result <str<strong>on</strong>g>of</str<strong>on</strong>g> listening to <str<strong>on</strong>g>the</str<strong>on</strong>g> needs <str<strong>on</strong>g>of</str<strong>on</strong>g> customers, internal groups/sets <str<strong>on</strong>g>of</str<strong>on</strong>g> ideas<br />

and <str<strong>on</strong>g>the</str<strong>on</strong>g> ideas <str<strong>on</strong>g>of</str<strong>on</strong>g> some internal employees.<br />

5. Summary <str<strong>on</strong>g>of</str<strong>on</strong>g> c<strong>on</strong>clusi<strong>on</strong>s<br />

The data analysis shows that <str<strong>on</strong>g>the</str<strong>on</strong>g> company has its organizati<strong>on</strong>al routines focused <strong>on</strong> customer<br />

relati<strong>on</strong>s, in a perspective <str<strong>on</strong>g>of</str<strong>on</strong>g> Total Quality Management (TQM).<br />

Through training, <str<strong>on</strong>g>the</str<strong>on</strong>g> company creates a team culture. As <str<strong>on</strong>g>the</str<strong>on</strong>g> interviewee said: "The important thing is<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g> team as a whole and not individual people." It is <str<strong>on</strong>g>the</str<strong>on</strong>g> team culture that is able to fill any gaps that<br />

occur at <str<strong>on</strong>g>the</str<strong>on</strong>g> individual level. This team culture, combined with an emerging leadership and very flat<br />

organizati<strong>on</strong>al structure, is a key determinant <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> stability <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> company. This stability is also<br />

promoted through organizati<strong>on</strong>al commitment.<br />

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