Module 4 DQA (Coursework Sample)

Module 4 DQ1 Name: Institution: Reasons why intellectual capital is often undervalued or taken for granted Intellectual capital is vital for an organization to succeed in the current knowledge economy. Intellectual capital provides the relevant knowledge and skills required in developing a strong business brand needed to compete on the global scale (Adelman, 2010). However, intellectual capital is often undervalued or taken for granted by most organizations for some reasons. First many managers fear to invest in the development of their employees in fear that, highly paying firms may poach them. Second, the organization fears highly qualified employees on the assumption that they would demand higher salaries and reduce profitability margins. My initiatives as a manager to increase the organization's intellectual capital As a manager to a financial and investment firm, I would pursue some plans to increase the organization's intellectual capital. First of all, I would initiate a well-funded innovation program where all employees would be encouraged to come up with ideas of new methods of improving the performance of the financial sector (Adelman, 2010). Second I would use external professional bodies to conduct the recruitment of new investment and financial experts to ensure that the organization gets the best experts from the labor market. Third I would set aside employee scholarships to enable our financial and investment experts to further their studies in their areas of specialization. That would help the organization to improve its services in line with new trends in the financial markets (U.S. Department of Education, 2011). I would also be strict on job rotation to ensure employees get the experience of working in every department within the financial and investment orga...