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Connect With Your Management On-The-Go

In collaboration with Simal Celikkol

Edited By Mehmet Naci Efe

A challenging journey for managers to succeed by following 13 paths… Visionary and curious academicians sailing to new horizons…Yes! The journey is long, tiring but how success is easily achieved? There is no change without pain! Management on the Go covers different aspects of today’s management which can be both used as a handbook by executives who want to keep up with the pace of scientific advancements, as well as a road map for academics to turn towards innovative management systems.

You are invited to embark on a journey from topics that have become outdated in the literature to approaches that will arouse excitement and curiosity about future. Each chapter is written based on sector experiences by 13 academicians located in 5 different universities in Turkey and now reaches you dear readers.

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Chapter 5 Intellectual Capital and Effective Team Management: Burçak VATANSEVER DURMAZ

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Burçak VATANSEVER DURMAZ

In recent years, the importance of human resources has started to be understood more precisely by organizations. Because human is the basic factor that leads organizations to success or failure. The talents, knowledge and skills of creative and qualified individuals working in an organization and along with the knowledge accumulated in the organization make up the intellectual capital. However, this intellectual capital must be managed effectively and efficiently within the organizations. Otherwise, the intellectual capital accumulation owned by the organization will not benefit the organization. Since the main source of intellectual capital accumulation in an organization is the employees of the company, it is necessary to bring these individuals together under teams which have to be managed effectively. Therefore, in this section, the relationship between intellectual capital and effective team management is explained. In the chapter, the concept of intellectual capital has been addressed first, and the definition and characteristics of intellectual capital, its elements, its importance for organizations and the management of intellectual capital are explained. Afterwards, the concept of effective team management was discussed and the definition and characteristics of the concept of team, the reasons for team formation in enterprises, the importance and benefits of teamwork for enterprises, the basic characteristics of effective teams, effective team profile, and the relationship between intellectual capital and effective team management were mentioned.

In today’s conditions, one of the most important power sources of societies and economies is considered as “information”. This is...

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