14 May Intellectual Capital Mismanaged
Being interested in intellectual capital I have watched closely the demise of the UK’s last nationally owned major car manufacturer. Since Phoenix took over from BMW five years ago the company has been drained dry of both it’s financial and intellectual capital. Clearly there wasn’t much in the way of financial capital when Pheonix took over but what about the value of intellectual capital that always appears hidden in the balance sheet? Phoenix bought MG Rover for
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