There are various frameworks that have been developed for measuring and managing intellectual capital within an organisation. These frameworks are used to attempt to understand intangible value creation.

$5\mathrm{.}1$ Discuss how the Skandia Navigator is used to measure intellectual capital. $(10$ marks$)$

$5\mathrm{.}2$ It is important for an organisation to ascertain the knowledge assets that may add value that they have in the

organisation.

Explain the THREE $(3)$ stages for evaluation of knowledge assets that are linked to an organisations key

processes and strategies.