Managing Intellectual Capital to Confront the Challenges of Globalization

Abstract

The world has changed dramatically during the last 20years .and the dawn of a new form of civilization has emerged as the
new millennium begins. In this age of rapid, unexpected, and unpredictable changes with far reaching consequences, the role of
governments, citizens, organized groups, nation-states, and societies is changing rapidly as well. Public and private organizations, and
management systems, are being transformed by either choice or pressure and necessity of adaptation for survival.This article addresses
intellectual capital as a new strategic in the age of globalization. After maximizing production factors such as land, buildings, equipment
inventory and financial resources (the tangible assets) ,companies have discovered that the so –called intangible assets (hidden) asset
of knowledge can play a vital role in helping, them obtain a sustainable competitive advantage. To meet the challenges of globalization—
negative as well as positive—capacity building is needed in areas of organization, management, governance, and public administration
all over the world. The aim of this research is to investigate the different methods in managing intellectual capital due to the globalization
status in different Algerian companies The results indicates that without human capital ( as a part of intellectual capital ) nothing can be
accomplished, and without a well-trained, well-developed, well-appreciated, and well-managed human capital, modern organizations of
government and business cannot meet the challenges of the globalization age .It shows also that there is a lack comprehension of
Algerian managers concerning how to manage intellectual capital in this new era