1. Towards Learning Assets Management Systems for Support of Novel Methods for Corporate Intangibles Assets Accounting.
- Author
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Tahinakis, Panayiotis, Moumtzi, Vasiliki, Koumpis, Adamantios, and Gkinoglou, Manolis
- Subjects
LABOR incentives ,EMPLOYEE benefits ,EMPLOYEE motivation ,INTANGIBLE property ,PERSONNEL management - Abstract
Our paper is about a Learning Assets Management system which aims to support novel methods for corporate Intangibles Assets Accounting. Within a company (like in all human settings), learning happens all the time. By definition, all business processes increase the knowledge of the people who are involved in them (at least, involvement increases "experience"). What any company would like to achieve is to understand (and exploit) how business processes create learning outcomes that become permanent and valuable knowledge assets both for the employees and for the company. To put it simply: Employees learn all the time. But how can we measure this learning?. Problem: Employees do learn in their organizations. Their motivation to learn largely depends on the rewards they expect to receive from their improved skills, as these result from their learning. Today these rewards are qualitatively assessed, based on human resource management principles, and not reflected in the financial statements (value) of the organizations. But if the outcome of learning processes could be quantified, and this quantification could result in increased benefits for the employee (salary or otherwise), then the employee would be more motivated to learn, and would also target its learning towards the acquisition of skills that would ensure value to the company. Furthermore, employee payments would be based on quantified indicators, and become more efficient. Therefore a need to quantitatively assess the outcome of inter-organizational learning processes is apparent. We propose an ICT environment that will register, monitor, and quantify the outcome of inter-organizational learning processes. The proposed system will be linked to the ERP / accounting systems of the organizations, so that the outcomes of the learning processes are reflected firstly in the balance sheets / book value and the total value of the entire organization. [ABSTRACT FROM AUTHOR]
- Published
- 2009