Drawing from their workwith more than 30 knowledge-rich firms, Davenport and Prusak -- experienced consultants with a track record of success -- examine how all types of companies can effectively understand, analyze, measure, and manage their intellectual assets, turning corporate wisdom into market value. They categorize knowledge work into four sequential activities -- accessing, generating, embedding, and transferring -- and look at the key skills, techniques, and processes of each. While they present a practical approach to cataloging and storing knowledge so that employees can easily leverage it throughout the firm, the authors caution readers on the limits of communications and information technology in managing intellectual capital.