Corporate Systems of the Knowledge Management in the Practices of Integrated Companies

Abstract

Intellectual capital is becoming the most important resource, which forms the key competitive advantage of companies, especially of big integrated companies in the fast developing environment. Accordingly, intracompany management of the intellectual capital and its elements should be based on justification of the estimation methods, reproduction lines, and efficiency of its application in the company operations. Immaturity of the theoretic apparatus and methodological problems of the intellectual capital management, which are related to the understudied specific of the capital, require investigation of evaluation, choice of means and methods to transform intellectual resources into assets, reproduction, development, and efficient use of the intellectual capital. Human capital is assessed by the extent of the stored and efficiently practiced knowledge, and holds the most important place in the intellectual capital. The goal is to estimate formation and efficient use of the corporate systems of knowledge management in integrated oil companies based on the personalization strategy. Knowledge management strategies have been analyzed and it has been proved that the personalization strategy is a dominant strategy of Russian companies. It has been justified that efficient use of the intellectual capital is achieved through the corporate systems of knowledge management. Knowledge management practices of the biggest Russian vertically integrated oil companies have been studied and lines of development of the corporate systems of knowledge management have been proposed.

DOI: 10.5901/mjss.2015.v6n3s3p203