Intellectual capital and organizational renewal: Building dynamic capabilities through people

Abstract

This paper seeks to deepen the understanding of management practices adopted by organizations characterized by significant levels of participation and influence from their employees. Based on the assumption that the successful utilization of such practices is circumstantial, a conceptual framework is proposed identifying the essential elements that should be dynamically aligned to allow organizational success in the long term. Different types of work & participation practices - that arise from the adoption of the dimensions locus of knowledge and locus of power - support the reasoning on how to align these elements and, consequently, how to lead the organizational renewal and survival in the long run.