Skandia Assurance and Financial Services: Measuring and visualizing intellectual capital
The case details the effort of the financial services arm of a Swedish insurance company to measure its “intellectual capital”. Comparing corporate value to an iceberg, Skandia AFS began in 1991 looking at ways to measure its hidden or non-financial value lying “under the surface”. The firm began developing “intellectual capital indicators”, which it published in the form of supplements to its annual report, and created the new positions of Director of Intellectual Capital and Intellectual Capital Controller to foster the measurement effort. Skandia AFS’s intellectual capital model, called the “Business Navigator”, subdivides intellectual capital into process capital, human capital, customer capital and renewal & development capital. The case also looks at how Skandia AFS has begun to integrate the Business Navigator into its budgeting, leadership development and IT systems.
1995
Cranfield University
Wharley End Beds MK43 0JR, UK
Tel +44 (0)1234 750903
Email [email protected]
Harvard Business School Publishing
60 Harvard Way, Boston MA 02163, USA
Tel (800) 545-7685 Tel (617)-783-7600
Fax (617) 783-7666
Email [email protected]
NUCB Business School
1-3-1 Nishiki Naka
Nagoya Aichi, Japan 460-0003
Tel +81 52 20 38 111
Email [email protected]
IMD retains all proprietary interests in its case studies and notes. Without prior written permission, IMD cases and notes may not be reproduced, used, translated, included in books or other publications, distributed in any form or by any means, stored in a database or in other retrieval systems. For additional copyright information related to case studies, please contact Case Services.
Research Information & Knowledge Hub for additional information on IMD publications
Medacta Group SA is a rising star in the orthopedics market, achieving global success through innovative products and techniques, with a particular emphasis on minimally invasive techniques that bring meaningful value to its patients. With its app...
The case study introduces an original way of exploring the many questions and concerns around AI adoption in business. Based on a true story, it discusses the dilemma of AI implementation through Joe, the CIO of ParcelFlow. Joe is getting ready to...
This case study explores AstraPay’s journey to become a significant player, despite its latecomer status, in Indonesia’s burgeoning digital payments landscape. Launched in 2018, AstraPay had grown to serve over one million customers, but it faced ...
in I by IMD
Research Information & Knowledge Hub for additional information on IMD publications
Case reference: IMD-2663 ©2025
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Case reference: IMD-2650 ©2025
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications
Research Information & Knowledge Hub for additional information on IMD publications