Holton, E. F. and Yamkovenko, B. (2008). Strategic Intellectual Capital Development:

A Defining Paradigm. As knowledge and expertise is seen as the key source to retaining the competitive advantage, organisations are demanding more from HRD professionals. Holton and Yamkovenko argue current practice is inadequate in fulfilling these targets. The authors highlight that performance based practice in HRD is a broad strategy that extends minimally past staff support. Holton and Yamkovenko propose a new paradigmatic focus in Strategic Intellectual Capacity Development (SICD).