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Implementing the KPMG Value Explorer Critical success factors for applying IC measurement tools

Implementing the KPMG Value Explorer Critical success factors for applying IC measurement tools Purpose – The purpose of this paper is to describe the results of an empirical study into the critical success factors for implementing an intellectual capital valuation method, the KPMG Value Explorer. Design/methodology/approach – For this study the design approach was used as research methodology. Findings – The research shows the strengths and weaknesses of the method and identifies four general critical success factors for the implementation of intellectual capital valuation and measurement tools. Research limitations/implications – The research was based on six case studies. Application of the method with other companies may provide further grounding of the conclusions. Practical implications – The research shows that practitioners who want to implement an intellectual capital valuation or measurement method must: perform a proper diagnosis of the problem at hand; have knowledge of the strengths and weaknesses of the method they want to use; understand the application domain of the method – the class of problems and the class of contexts for which the method needs to provide a solution; and possess the necessary skills to implement the method. Originality/value – Successfully implementing a method for the valuation or measurement of intellectual capital is not an easy task. Practitioners yet receive little support from the intellectual capital research community. Little research has been done into the factors that influence the success of a method. This paper is a first attempt at systematically identifying some of the factors for the successful implementation of an intellectual capital valuation or measurement method. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Intellectual Capital Emerald Publishing

Implementing the KPMG Value Explorer Critical success factors for applying IC measurement tools

Daniel Andriesson
Journal of Intellectual Capital , Volume 6 (4): 15 – Dec 1, 2005
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References (16)

Publisher
Emerald Publishing
Copyright
Copyright © 2005 Emerald Group Publishing Limited. All rights reserved.
ISSN
1469-1930
DOI
10.1108/14691930510628771
Publisher site
See Article on Publisher Site

Abstract

Purpose – The purpose of this paper is to describe the results of an empirical study into the critical success factors for implementing an intellectual capital valuation method, the KPMG Value Explorer. Design/methodology/approach – For this study the design approach was used as research methodology. Findings – The research shows the strengths and weaknesses of the method and identifies four general critical success factors for the implementation of intellectual capital valuation and measurement tools. Research limitations/implications – The research was based on six case studies. Application of the method with other companies may provide further grounding of the conclusions. Practical implications – The research shows that practitioners who want to implement an intellectual capital valuation or measurement method must: perform a proper diagnosis of the problem at hand; have knowledge of the strengths and weaknesses of the method they want to use; understand the application domain of the method – the class of problems and the class of contexts for which the method needs to provide a solution; and possess the necessary skills to implement the method. Originality/value – Successfully implementing a method for the valuation or measurement of intellectual capital is not an easy task. Practitioners yet receive little support from the intellectual capital research community. Little research has been done into the factors that influence the success of a method. This paper is a first attempt at systematically identifying some of the factors for the successful implementation of an intellectual capital valuation or measurement method.

Journal

Journal of Intellectual Capital – Emerald Publishing

Published: Dec 1, 2005

Keywords: Intellectual capital; Research methods; Measurement; Critical success factors

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