This document discusses the importance of intellectual capital, human capital, and knowledge management for companies. It notes that only 20% of knowledge is typically documented and shared within a company, while 80% remains undocumented and unshared. It also emphasizes that companies must continuously work to create, capture, share, and reuse knowledge through processes like knowledge transfer in order to stay competitive in business and avoid falling behind competitors. Failing to properly leverage intellectual capital and knowledge assets can doom a company's long-term success.