Tweets on 2010-07-15
According to Wall Street Journal article today, inflation still not a near-term threat http://bit.ly/b7PyMM # Powered by Twitter Tools
Exit Planning Exchange – July 15 – Value of IT
On Thursday, July 15, the Exit Planning Exchange – Boston will host a breakfast program at Babson College in Wellesley, MA entitled, “How IT affects the Value of your Business”.
Intangible Capital review by Jeremy Phillips
It’s much more fun to read than the rather solemn title suggests, combining strands of history, economics, management, metaphor and common sense, personal experience and anecdote. It’s also a monument to the metamorphosis of management and asset management philosophies from the age of bricks and mortar to the world of the internet.
Switch: How to Change Things when Change is Hard
The brothers break down the change process in a very manageable way: find the bright spots to pattern the effort after, script exact and achievable steps toward the goal, and motivate people as progress is made toward goals. It’s an effective approach to a difficult topic.
So Why Write a Book?
In our consulting business, and in the world around us, we have seen the trend away from traditional manufacturing business to knowledge businesses and the inadequacy of current accounting and management systems to accommodate it. Think about it, 70-80% of the value of the average business is made up of knowledge assets (intangible capital). This shift affects every business from the store on the corner on Main Street to the technology giants. We are utterly convinced that American business cannot succeed by doing things the same old way. It is critical that we begin using new tools to see and manage these knowledge assets explicitly.
Don’t Write a Book for the Money
unique idea that is worth the interest of a viable publisher, months of writing, editing drafts, thinking and re-thinking, proofreading, taking time away from your real business – all this for a modest check that is still only an advance against future royalties? Even if the book takes off, which we believe ours will, it is certainly not going to make us rich at a few dollars a book.
The Superpower of the Knowledge Era: Process
Process is not new to business. In fact, process in the form of production lines was a critical driver of the growth of the industrial economy. In a factory, you could see the physical movement of raw material as it moved from the warehouse into a series of production lines with finished goods coming out [...]
IP and IC — the same thing or not?
Intellectual property (IP) is a term that is usually used to refer to specific types of structural capital that enjoy special legal status. These include patents, trademarks, copyrights, and trade secrets. Each of these categories has a specific body of law associated with it. Patents have to be approved by a national authority. Other categories [...]
Leveraging Your Organization’s Unique Knowledge
Organizational knowledge is a more explicit form of structural capital than culture but, like culture, can be hard to pin down. This is all the knowledge that is captured and recorded in your company. This means that every product design, every process map, every training manual, every formula, every document, every email, every entry ever [...]
