ORGANIZATIONAL DEVELOPMENT BASED ON THE FORMATION OF INTELLECTUAL CAPITAL
Abstract
Nowadays, a company cannot survive or develop successfully without target-oriented organizational changes.
Changes may be classified as technological, product-line, managerial (structural) and cultural. The organizational development is one of the tools of organizational changes. There are multiple definitions of the term «organizational development». In a general sense it may be understood as a positive qualitative change.
At present, researchers are considering the following basic models of company development: planned changes (Kurt Lewin), life cycle (L. Greiner and I. Adizes), punctuated equilibria (T. Romanelli, M. Tushman, B. Newman), developing changes (K. Weick, R. Quinn), self-organization (Prigogine and G. Nicolis). The proposed theories lay emphasis on the fact that a modern company should be, above all, flexible and intent on changes. To this end, the personnel should be encouraged to generate ideas and make decisions in a situation of uncertainty. Therefore, a concept of intellectual capital management is proposed.
The general algorithm of company development through the human capital formation proposed in the paper includes six main steps. The algorithm can be tailored to suit specific kinds of development, for instance, the company growth.
Viewed from the above, the company development management based on the intellectual capital is gaining popularity. Moreover, the intellectual capital of an individual or a group of people is becoming the key factor to enable efficient operation and development of a company.
About the Author
S. S. Gavrina
the Financial University, Moscow
Russian Federation
PhD student, the General Management and Project Management Chair
Russian Federation
PhD student, the General Management and Project Management Chair
References
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Review
For citations:
Gavrina S.S. ORGANIZATIONAL DEVELOPMENT BASED ON THE FORMATION OF INTELLECTUAL CAPITAL. Finance: Theory and Practice. 2014;(4):98-103. (In Russ.)
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