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Proceedings of the 3rd European Conference on Intellectual Capital

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Florinda Matos et al.<br />

The networks and new technologies are very important, especially in interacti<strong>on</strong> with various<br />

stakeholders.<br />

However, <str<strong>on</strong>g>the</str<strong>on</strong>g> company recognizes that <str<strong>on</strong>g>the</str<strong>on</strong>g> networks facilitate <str<strong>on</strong>g>the</str<strong>on</strong>g> flow and sharing <str<strong>on</strong>g>of</str<strong>on</strong>g> knowledge, but<br />

sometimes do not work.<br />

Innovati<strong>on</strong> though existing (incremental and disruptive) is not translated in <str<strong>on</strong>g>the</str<strong>on</strong>g> registrati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

trademarks and patents, which means that <str<strong>on</strong>g>the</str<strong>on</strong>g> company has some difficulty in defending itself from<br />

competitors.<br />

The exchange <str<strong>on</strong>g>of</str<strong>on</strong>g> ideas and suggesti<strong>on</strong>s, coupled with <str<strong>on</strong>g>the</str<strong>on</strong>g> recogniti<strong>on</strong> given to <str<strong>on</strong>g>the</str<strong>on</strong>g>se elements is a<br />

key element <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> firm's innovative capacity.<br />

The appreciati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> expertise <str<strong>on</strong>g>of</str<strong>on</strong>g> employees enables a greater commitment to organizati<strong>on</strong>al<br />

efficiency and effectiveness.<br />

Despite <str<strong>on</strong>g>the</str<strong>on</strong>g> turnover, corresp<strong>on</strong>ding to <str<strong>on</strong>g>the</str<strong>on</strong>g> difficulties <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> tasks, it appears that <str<strong>on</strong>g>the</str<strong>on</strong>g>re is a particular<br />

emphasis <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g> retenti<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> people, which results from training programs, performance assessment<br />

and career management.<br />

The focus <strong>on</strong> internal and external clients also seems to c<strong>on</strong>tribute to organizati<strong>on</strong>al stability.<br />

The company has a lot <str<strong>on</strong>g>of</str<strong>on</strong>g> attenti<strong>on</strong> with all that has to do with food safety because <str<strong>on</strong>g>the</str<strong>on</strong>g>ir success or<br />

failure depends <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g> security guarantees given. The certificates represent <str<strong>on</strong>g>the</str<strong>on</strong>g> food stamp<br />

guarantee.<br />

Internati<strong>on</strong>alizati<strong>on</strong> is not a current goal <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> company, since <str<strong>on</strong>g>the</str<strong>on</strong>g>y are c<strong>on</strong>strained by global<br />

strategic guidelines <str<strong>on</strong>g>of</str<strong>on</strong>g> its ec<strong>on</strong>omic group.<br />

6. Final c<strong>on</strong>clusi<strong>on</strong><br />

This survey, c<strong>on</strong>ducted in <str<strong>on</strong>g>the</str<strong>on</strong>g> c<strong>on</strong>text <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> case study Yin (2003), using <str<strong>on</strong>g>the</str<strong>on</strong>g> Model <str<strong>on</strong>g>of</str<strong>on</strong>g> <strong>Intellectual</strong><br />

<strong>Capital</strong> has allowed us to verify that it is possible to audit <str<strong>on</strong>g>the</str<strong>on</strong>g> management <str<strong>on</strong>g>of</str<strong>on</strong>g> intellectual capital in <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

food business. We could also c<strong>on</strong>clude that <str<strong>on</strong>g>the</str<strong>on</strong>g>re is a direct relati<strong>on</strong>ship between <str<strong>on</strong>g>the</str<strong>on</strong>g> quality <str<strong>on</strong>g>of</str<strong>on</strong>g> food<br />

c<strong>on</strong>trol and management <str<strong>on</strong>g>of</str<strong>on</strong>g> intellectual capital.<br />

For <str<strong>on</strong>g>the</str<strong>on</strong>g> company studied we c<strong>on</strong>clude that when <str<strong>on</strong>g>the</str<strong>on</strong>g> tacit knowledge <str<strong>on</strong>g>of</str<strong>on</strong>g> individuals is transformed into<br />

explicit knowledge <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> team, which is formalized in processes and operati<strong>on</strong>alized in customer<br />

satisfacti<strong>on</strong>, <str<strong>on</strong>g>the</str<strong>on</strong>g>re is <str<strong>on</strong>g>the</str<strong>on</strong>g> improvement <str<strong>on</strong>g>of</str<strong>on</strong>g> food c<strong>on</strong>trol.<br />

When <str<strong>on</strong>g>the</str<strong>on</strong>g> knowledge <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> team becomes explicit, it allows <str<strong>on</strong>g>the</str<strong>on</strong>g> development <str<strong>on</strong>g>of</str<strong>on</strong>g> organizati<strong>on</strong>al<br />

memory, which facilitates <str<strong>on</strong>g>the</str<strong>on</strong>g> improvement in view <str<strong>on</strong>g>of</str<strong>on</strong>g> Total Quality.<br />

The c<strong>on</strong>tinued focus <strong>on</strong> customer satisfacti<strong>on</strong> is achieved through interacti<strong>on</strong> between <str<strong>on</strong>g>the</str<strong>on</strong>g> structural<br />

capital and tacit knowledge.<br />

<strong>Intellectual</strong> capital management is thus a factor <str<strong>on</strong>g>of</str<strong>on</strong>g> competitive advantage in <str<strong>on</strong>g>the</str<strong>on</strong>g> food industry.<br />

To c<strong>on</strong>solidate <str<strong>on</strong>g>the</str<strong>on</strong>g> results, it will be important to c<strong>on</strong>duct fur<str<strong>on</strong>g>the</str<strong>on</strong>g>r research in a larger universe <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

similar companies.<br />

References<br />

Allee, V. (2000) "The Value Evoluti<strong>on</strong>", Journal <str<strong>on</strong>g>of</str<strong>on</strong>g> <strong>Intellectual</strong> <strong>Capital</strong>, Vol. 1, No 1, 17-30.<br />

Anders<strong>on</strong>, Mclean. Total Value Creati<strong>on</strong>. Available: www.totalvaluecreati<strong>on</strong>.com [05 December 2010].<br />

Andriessen, D. and Tisane R. (2000) Weightless Wealth. Financial Times. Prentice Hall.<br />

Andriessen, D. (2004) Making Sense <str<strong>on</strong>g>of</str<strong>on</strong>g> <strong>Intellectual</strong> <strong>Capital</strong>. Designing a Method for <str<strong>on</strong>g>the</str<strong>on</strong>g> Valuati<strong>on</strong> <str<strong>on</strong>g>of</str<strong>on</strong>g> Intangibles.<br />

Elsevier Butterworth-Heineman, Burlingt<strong>on</strong> (MA) and Oxford (UK).<br />

Andriessen, D. (2004a) “IC valuati<strong>on</strong> and measurement: classifying <str<strong>on</strong>g>the</str<strong>on</strong>g> state <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> art” Journal <str<strong>on</strong>g>of</str<strong>on</strong>g> <strong>Intellectual</strong><br />

<strong>Capital</strong>, Vol. 5, No. 2, 230-242.<br />

Bardin, Laurence (2009) Análise de C<strong>on</strong>teúdo. Lisboa: Edições 70.<br />

Boedker, C., J. Guthrie, et al (2005). "An integrated framework for visualizing intellectual capital", Journal <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

<strong>Intellectual</strong> <strong>Capital</strong>, Vol. 6, No 4, 510-527.<br />

258

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