The new paradigm of intellectual capital management in State Owned Manufacturing Enterprises (SOE) during turbulent times

Abstract

A New Paradigm for Intellectual Capital Management in State-Owned Enterprises (SOE) in Turbulent Times In the face of growing hybrid threats, such as hybrid warfare and commodity price manipulation, State-Owned Enterprises (SOEs) face the challenge of ensuring the country’s energy security and protecting their interests. In this paper, we propose a new paradigm for intellectual capital management in SOEs, based on the philosophy of attack resilience. Using the example of ORLEN-PGNiG, a key player in the Polish energy market, we analyze the impact of hybrid warfare on hydrocarbon prices and propose intellectual capital management strategies that increase the company’s resilience to such threats. The new paradigm is based on three pillars: Comprehensive approach to security: Includes risk analysis, geopolitical monitoring, defense strategy development, cyber infrastructure strengthening, employee education, and cooperation with government agencies. Long-term perspective: Encompasses continuous monitoring of the situation, investments in research and development, the creation of a security team, the implementation of contingency plans, and cooperation with business partners. Application of the Balanced Scorecard (BSC): Allows for the measurement and monitoring of progress towards security, resilience, and sustainable development goals. By implementing these recommendations, SOEs can become more resilient to the challenges of turbulent times and build long-term value for their stakeholders.