Intellectual Capital and Organizational Renewal: Building Dynamic Capabilities through People

Abstract

This paper seeks to deepen the understanding of management practices adopted by organizations characterizedby significant levels of participation and influence from their employees. Based on the assumption that thesuccessful utilization of such practices is circumstantial, a conceptual framework is proposed identifying theessential elements that should be dynamically aligned to allow organizational success in the long term. Differenttypes of work & participation practices – that arise from the adoption of the dimensions locus of knowledge andlocus of power – support the reasoning on how to align these elements and, consequently, how to lead theorganizational renewal and survival in the long run.

Keywords

• work and participation practices
• dynamic capabilities
• human resource management
• intellectual capital
• organization ambidexterity.