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Proceedings of the 3rd European Conference on Intellectual Capital

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Developing and Implementing Strategies to Enhance<br />

<strong>Intellectual</strong> <strong>Capital</strong> in <str<strong>on</strong>g>the</str<strong>on</strong>g> Online Learning Envir<strong>on</strong>ment<br />

Bob Barrett<br />

American Public University, Charles Town, USA<br />

docjob00@msn.com<br />

Abstract: The <strong>on</strong>line learning envir<strong>on</strong>ment has become a highly competitive industry in which many stakeholders<br />

have become more interested and involved in its overall operati<strong>on</strong>. One particular area that most stakeholders<br />

will agree up<strong>on</strong> is <str<strong>on</strong>g>the</str<strong>on</strong>g> value <str<strong>on</strong>g>of</str<strong>on</strong>g> human capital in this industry. Stewart (1997) classified <strong>Intellectual</strong> <strong>Capital</strong> into<br />

three key areas: human capital, structural capital, and customer capital. This paper will focus <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g> human<br />

capital element in <str<strong>on</strong>g>the</str<strong>on</strong>g> <strong>on</strong>line learning envir<strong>on</strong>ment. Human capital is explained as “<str<strong>on</strong>g>the</str<strong>on</strong>g> capabilities <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

company’s employees necessary to provide soluti<strong>on</strong>s to customers, to innovate and to renew. As a result <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

changing technology and ec<strong>on</strong>omic times, many organizati<strong>on</strong>s are realizing <str<strong>on</strong>g>the</str<strong>on</strong>g> need to update, innovate, and<br />

rejuvenate. InCaS (2010) noted that “As a result <str<strong>on</strong>g>of</str<strong>on</strong>g> c<strong>on</strong>stant changes caused by globalisati<strong>on</strong>, emerging<br />

technologies and shorter product life-cycles, knowledge and innovati<strong>on</strong> have already become <str<strong>on</strong>g>the</str<strong>on</strong>g> main<br />

competitive advantages <str<strong>on</strong>g>of</str<strong>on</strong>g> many companies. Especially <str<strong>on</strong>g>European</str<strong>on</strong>g> small and medium-sized enterprises (SME)<br />

are highly dependent <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g> ability to identify changes in <str<strong>on</strong>g>the</str<strong>on</strong>g>ir global ec<strong>on</strong>omic envir<strong>on</strong>ment quickly and resp<strong>on</strong>d<br />

to <str<strong>on</strong>g>the</str<strong>on</strong>g>se changes with suitable soluti<strong>on</strong>s.” (p. 4) Just liked <str<strong>on</strong>g>the</str<strong>on</strong>g>ir <str<strong>on</strong>g>European</str<strong>on</strong>g> counterparts, American enterprises and<br />

organizati<strong>on</strong>s are scanning <str<strong>on</strong>g>the</str<strong>on</strong>g>ir envir<strong>on</strong>ments and focusing <strong>on</strong> resp<strong>on</strong>ding to potential changes in order to<br />

capture and maintain <str<strong>on</strong>g>the</str<strong>on</strong>g>ir market share and prepare for <str<strong>on</strong>g>the</str<strong>on</strong>g> future. In additi<strong>on</strong>al in individual capabilities, human<br />

capital includes <str<strong>on</strong>g>the</str<strong>on</strong>g> dynamics <str<strong>on</strong>g>of</str<strong>on</strong>g> an intelligent (learning) organizati<strong>on</strong> in a changing competitive envir<strong>on</strong>ment, its<br />

creativity, and innovativeness” (Stewart, 1997, p. 13). Thus, <str<strong>on</strong>g>the</str<strong>on</strong>g>re has been an increase in <str<strong>on</strong>g>the</str<strong>on</strong>g> focus as to how<br />

<strong>on</strong>line learning providers are investing more m<strong>on</strong>ey and time in preparing <str<strong>on</strong>g>the</str<strong>on</strong>g>ir <strong>on</strong>line instructi<strong>on</strong>al staff.<br />

Sokolowska (2006) commented that “if we look at learning organizati<strong>on</strong>s we can see two types <str<strong>on</strong>g>of</str<strong>on</strong>g> trends. She<br />

stated that “such organizati<strong>on</strong>s are understood in dynamic organizati<strong>on</strong>al categories that are oriented at <str<strong>on</strong>g>the</str<strong>on</strong>g>ir<br />

development, searches for new chances <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g> market and c<strong>on</strong>tinually increases <str<strong>on</strong>g>the</str<strong>on</strong>g>ir effectiveness, efficiency<br />

and flexibility. The sec<strong>on</strong>d group <str<strong>on</strong>g>of</str<strong>on</strong>g> learning organizati<strong>on</strong>s c<strong>on</strong>sists <str<strong>on</strong>g>of</str<strong>on</strong>g> such entities that choose growth through<br />

development <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g>ir employees.” (p. 158) This paper examines <str<strong>on</strong>g>the</str<strong>on</strong>g> <strong>on</strong>line learning envir<strong>on</strong>ment, requirements for<br />

<str<strong>on</strong>g>the</str<strong>on</strong>g> <strong>on</strong>line instructi<strong>on</strong>al staff, and strategies to help better prepare and develop <str<strong>on</strong>g>the</str<strong>on</strong>g>ir intellectual capital in this<br />

particular learning envir<strong>on</strong>ment. Fur<str<strong>on</strong>g>the</str<strong>on</strong>g>r, this paper will examine how <str<strong>on</strong>g>the</str<strong>on</strong>g>se strategies are reinforced by <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

commitment <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> educati<strong>on</strong>al instituti<strong>on</strong> in terms <str<strong>on</strong>g>of</str<strong>on</strong>g> preparing <str<strong>on</strong>g>the</str<strong>on</strong>g>ir <strong>on</strong>line instructors, as well as mentoring <str<strong>on</strong>g>the</str<strong>on</strong>g>m<br />

al<strong>on</strong>g <str<strong>on</strong>g>the</str<strong>on</strong>g> way.<br />

Keywords: <strong>on</strong>line learning, human capital, intellectual capital, teacher training, eLearning<br />

1. Organizati<strong>on</strong>al and envir<strong>on</strong>mental changes and intellectual capital<br />

With <str<strong>on</strong>g>the</str<strong>on</strong>g> many technological changes occurring both in educati<strong>on</strong>, work, and homes, many changes<br />

have been observed, measured, analyzed, and discussed in terms <str<strong>on</strong>g>of</str<strong>on</strong>g> intellectual capital. As a result <str<strong>on</strong>g>of</str<strong>on</strong>g><br />

changing technology and ec<strong>on</strong>omic times, many organizati<strong>on</strong>s are realizing <str<strong>on</strong>g>the</str<strong>on</strong>g> need to update,<br />

innovate, and rejuvenate. InCaS (2010) noted that “As a result <str<strong>on</strong>g>of</str<strong>on</strong>g> c<strong>on</strong>stant changes caused by<br />

globalisati<strong>on</strong>, emerging technologies and shorter product life-cycles, knowledge and innovati<strong>on</strong> have<br />

already become <str<strong>on</strong>g>the</str<strong>on</strong>g> main competitive advantages <str<strong>on</strong>g>of</str<strong>on</strong>g> many companies. Especially <str<strong>on</strong>g>European</str<strong>on</strong>g> small<br />

and medium-sized enterprises (SME) are highly dependent <strong>on</strong> <str<strong>on</strong>g>the</str<strong>on</strong>g> ability to identify changes in <str<strong>on</strong>g>the</str<strong>on</strong>g>ir<br />

global ec<strong>on</strong>omic envir<strong>on</strong>ment quickly and resp<strong>on</strong>d to <str<strong>on</strong>g>the</str<strong>on</strong>g>se changes with suitable soluti<strong>on</strong>s.” (p. 4)<br />

Just liked <str<strong>on</strong>g>the</str<strong>on</strong>g>ir <str<strong>on</strong>g>European</str<strong>on</strong>g> counterparts, American enterprises and organizati<strong>on</strong>s are scanning <str<strong>on</strong>g>the</str<strong>on</strong>g>ir<br />

envir<strong>on</strong>ments and focusing <strong>on</strong> resp<strong>on</strong>ding to potential changes in order to capture and maintain <str<strong>on</strong>g>the</str<strong>on</strong>g>ir<br />

market share and prepare for <str<strong>on</strong>g>the</str<strong>on</strong>g> future. Thus, <str<strong>on</strong>g>the</str<strong>on</strong>g> key questi<strong>on</strong> is whe<str<strong>on</strong>g>the</str<strong>on</strong>g>r we are better <str<strong>on</strong>g>of</str<strong>on</strong>g>f today<br />

than before in terms <str<strong>on</strong>g>of</str<strong>on</strong>g> developing our intellectual capital? Has <str<strong>on</strong>g>the</str<strong>on</strong>g> <strong>on</strong>set <str<strong>on</strong>g>of</str<strong>on</strong>g> technological<br />

advancements really helped or hindered our learning and knowledge building process? Fur<str<strong>on</strong>g>the</str<strong>on</strong>g>r, have<br />

we, as a nati<strong>on</strong>, taken advantage <str<strong>on</strong>g>of</str<strong>on</strong>g> such development to <str<strong>on</strong>g>the</str<strong>on</strong>g> betterment <str<strong>on</strong>g>of</str<strong>on</strong>g> our own lives, as well as<br />

o<str<strong>on</strong>g>the</str<strong>on</strong>g>rs in our society? This paper will address various strategies used in <str<strong>on</strong>g>the</str<strong>on</strong>g> <strong>on</strong>line learning<br />

envir<strong>on</strong>ment to develop and enhance <str<strong>on</strong>g>the</str<strong>on</strong>g> <strong>on</strong>line learning envir<strong>on</strong>ment in terms <str<strong>on</strong>g>of</str<strong>on</strong>g> learning experience<br />

for learners, instructi<strong>on</strong>al staff, and support staff. Each <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g>se individuals help to comprise <str<strong>on</strong>g>the</str<strong>on</strong>g><br />

intellectual capital <str<strong>on</strong>g>of</str<strong>on</strong>g> <str<strong>on</strong>g>the</str<strong>on</strong>g> learning envir<strong>on</strong>ment, as well as c<strong>on</strong>tribute to <str<strong>on</strong>g>the</str<strong>on</strong>g> <strong>on</strong>going existence and<br />

preparati<strong>on</strong> for future growth in this particular industry.<br />

The <strong>on</strong>line learning envir<strong>on</strong>ment has become a highly competitive industry in which many<br />

stakeholders have become more interested and involved in its overall operati<strong>on</strong>. One particular area<br />

that most stakeholders will agree up<strong>on</strong> is <str<strong>on</strong>g>the</str<strong>on</strong>g> value <str<strong>on</strong>g>of</str<strong>on</strong>g> human capital in this industry. Stewart (1997)<br />

classified <strong>Intellectual</strong> <strong>Capital</strong> into three key areas: human capital, structural capital, and customer<br />

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