Chapter

The First Italian Intellectual Capital Measurement Project: Brembo Group

Authors:
  • Campari Group
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Abstract

This case describes the first intellectual capital measurement methodology implemented in Italy, and the first in the world to be implemented in the automotive sector. Brembo, a world-leading manufacturer of automotive components, is a highly specialized, medium-sized industry located in the northern part of Italy. The company has always been proactive in providing education and training for all employees but was missing an instrument to adequately measure the outcomes of these activities. It also needed a method to measure the impact of other factors, such as its brand name. This case describes the issues that arose in developing the methodology for such a measurement system, as well as the first results the company obtained.

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This book examines a new, merged field of research and professional application titled human capability development. The study suggests how to use Human Resource Development (HRD) and Knowledge Management (KM) as the two key platforms of organisational capability. Human resource development is a vital tool to assist organisations to develop their employees, deliver business outcomes, and achieve competitive advantage. Knowledge management is critical in not only developing organisational capabilities, but also measuring and valuing the sustainable nature of these capabilities. Converging both human resource development and knowledge management to focus on Human Capability Development (HCD) provides a unique insight into not only how to build human capabilities, but also the capital value such activities can generate for an organisation. HRD and knowledge management can provide sustainable competitive advantage when the cohesive power of both the organisation’s culture and leadership is harnessed to drive engagement. Application of the resultant organisational capability produces organisational performance that can be measured in bottom-line results.
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