Lack of staff with experience and skills is one of the main problems in executive organization. Empowerment has challenged the effectiveness of traditional management roles and traditional organizational structure. Empowerment means authority along with responsibility for the tasks delegated. The idea of empowerment in modern organizations due to the increasing volume of employee's responsibilities is very important. Empowerment is widely used in different ways. Many managers talk of empowerment in the workplace and authors and scholars have recommended empowerment as the solution to many organizational problems. Empowerment is used in areas such as social work, urban redevelopment and external development for many years.
In today's knowledge-based economy, intellectual capital has more important value compared to physical capital so that this capital can be a strategic tool for all organizations. Intellectual capital is the knowledge that an organization is able to use it in its business processes in order to create value for the company. Intellectual capital is created by science and can play the most effective role in the success of the organization. Intellectual capital management is crucial for long-term success of company.
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