"Intellectual Capital" is buzzword these days. For the most part, it refers to the hidden-genius within an employee - the part that wasn't necessary in the job-description.
Too many organizations today are still using last century's model for hiring: developing a position and then sticking a body in it regardless of what else that body brings to the table. Today's model should be geared towards discovering the strengths of the applicant and finding something for them to do that taps those strengths.
So as organizations around the world resist the idea of changing their hiring practices to get the best from their people, they have given it a buzzword to make it seem kind of "foo-foo" and "out there." But the truth is, Intellectual Capital is really a description of all of the talents and aptitudes that someone possesses for which there are no categories on a resume. It's why the resume is dead.
ATTITUDE ADJUSTMENT: The easiest way to tap into Intellectual Capital in any organization is also the hardest way: ask. Ask for ideas and then shut up and make sure everyone else at the table shuts up too. Don't ever allow anyone to poo-poo any idea. If you're going to ask for an idea, you CAN NOT summarily dismiss the idea without risking any future ideas. The first indication that an idea is hare-brained is the moment you start to go into deficit in Intellectual Capital.
There are no bad ideas or crazy ideas. There are only those who can't see value in an idea because they don't understand it. Don't let the dimwits of your organization stifle the hidden creativity of the closet-geniuses because "no one else has ever done it." What a horrible thing to do - shooting down an idea because you don't get it. If someone can conceive of an idea, then someone can turn it into a reality.
If you want Intellectual Capital, there's a cost: everything you ever believed to be true must first be tossed out the window or nothing changes.
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