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Intellectual capital: the future of FM

By: Contributor(s): Series: Facilities Management ; 9(5) February 2002, 10-11(2)Publication details: 2002Subject(s): Summary: Discusses developing intellectual capital, so that 'knowledge can be turned into profit'. Indicates various techniques for developing this facet of facilities management to avoid the difficulties the construction industry has experienced because of problems with the supply chain, low margins and lack of research and development investment. Suggests that if the evolution of the industry is to be knowledge driven, it is essential that the industry and the professional institutions streamline operational and managerial practices.

Discusses developing intellectual capital, so that 'knowledge can be turned into profit'. Indicates various techniques for developing this facet of facilities management to avoid the difficulties the construction industry has experienced because of problems with the supply chain, low margins and lack of research and development investment. Suggests that if the evolution of the industry is to be knowledge driven, it is essential that the industry and the professional institutions streamline operational and managerial practices.