The subject line says it all.
I recently upgraded from XP to 8.1. In XP, I used the Start menu to navigate as follows
START > All Programs > Intel Parallel Studio > Command Prompt > Parallel Studio XE with... > IA32 Visual Studio 2010 Mode
and put a shortcut to that on my desktop. Double clicking on it opened a command window from which typing LIB gave access to the tool.
This doesn't work in Windows 8.1