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This is an archive article published on June 21, 1999

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It's not just software and the Ramp;D departments of pharma firms that are taking special care to quantify and nurture their intellectua...

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It8217;s not just software and the Ramp;D departments of pharma firms that are taking special care to quantify and nurture their intellectual capital. The best example of this is India8217;s top corporate Reliance8217;s new annual feature: The Intellectual Capital Report. An effort to quantify its intangible assets where, ultimately, growth must come from.Reliance, the report tells us, is a relatively young organisation with an average employee age of 36 years. The average revenue per employee has jumped to an incredible Rs 77 lakh in 1997-98 from just Rs 54 lakh the year before. Only problem is that while putting together this tribute to its employees8217; genius, Reliance8217;s committed a major gaffe: 8220; 8230; while wisdom comes from the top 8230;8221;, says the report!

 

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