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Ericsson Business Consulting has placed much effort in trying to find better ways to measure and manage the company’s intangible assets. Illuminates how the company has worked with three modern management concepts: balanced scorecard, knowledge management, and intellectual capital. For Ericsson Business Consulting, the three concepts are closely related and represent different stages in a development process that can be described by five logical steps: categorisation of the intangible assets; transforming strategy into actions; management and communication of the intangible assets; capturing the dynamics of the intangible assets; and looking into future developments. For each development step, the article will describe a number of key learning points based on the company’s experiences.

The purpose of this exploratory case study is to determine how an enterprise can identify and measure a key resource capability (critical knowledge area) to enhance competitive advantage, in the context of the emerging field of knowledge management. On the basis of the literature on resource capabilities and strategic management, the term critical knowledge area has been formulated as a label for a key resource capability.

HRD professionals can be considered to be knowledgeable about knowledge management practices in their own offices. Effectiveness of knowledge management practices of three HRD offices were studied, using a combination of structured questionnaires plus interviews with four HRD professionals per office. Three categories of knowledge management activities were considered, by the members of these organisations, to be effective: activities that expand the individual or collective experiential horizon; activities that are meant to consolidate knowledge; informal and formal communication about work issues. Conditions that facilitate or inhibit these activities are identified. Organisations wishing to improve their knowledge productivity are confronted with some fundamental choices: innovation versus routine, office versus officer, and knowledge sharing versus knowledge shielding.