Competence accounting : methods for measuring and valuing key-competencies

Resources within companies are important, and also in some case crucial, for the performance of the companies. Resources can be classified in both tangible assets as well as in intangible assets. The companies' most strategically important resources are probably the intangible resources including competencies (Grant, 1991). When considering individual and organisation competencies in an organisation, methods for measuring and valuing competencies need to pay attention to the link between individual and organisational learning as well as to the risk involved with loosing keycompetencies. The methods investigated in the field of human resource costing and accounting and knowledge management describe and illustrate that the value of human resources decreases and that the companies will loos experiences when employees retire. However, the methods are not describing how the influence of losses of keycompetencies is affecting the companies' performance in the future. The methods used for estimating the losses of key-competencies must be complemented by other methods where also the learning process within companies must be taken into account.Godkänd; 1999; 20070924 (krilau)Strategisk kompetensförsörjning / Competence supply in Process Industr