Reputation and Intangibles – Connecting the Dots
My last few posts have been about reputation. There are some out there that would ask what the big deal is. What’s different now? Companies have always had employees and customers. Why do they have more influence now?” Why do I need to think about reputation more than before? There are actually several forces driving [...]
Four reasons why the old accounting models don’t work and won’t ever be enough to measure the intangible economy
Today’s accounting systems keep track of certain types of financial transactions. (and mis-reports intangible financial transactions). There is a need to get good financial information about intangibles. But knowledge intangibles are a different kind of asset. It is hard to imagine a time when financial metrics alone will be adequate on their own to measure [...]
It’s Time for a Knowledge Economy Balance Sheet
The traditional balance sheet is one of the key financial statements produced by every business. It records all the physical assets owned by a company as of a certain date. It also records monetary liabilities and the equity of the corporation. Together, these two sides of a balance sheet served for centuries to demonstrate the [...]
Use Value Network maps to understand how your organization works from the bottom up
We usually look at organizational networks at three levels. The first (described as a knowledge factory) is at a strategic level, built on the high-level inventory of an organization’s intangible capital. Today, I’ll talk about the next takes the perspective of the knowledge factory down one more level of detail (third perspective, personal networks comes [...]
Knowledge is the New Oil
—OilIt is hard to imagine the tangible economy without oil. It fuels our cars and trucks. It generates electricity to power our factories and homes. It serves as a raw material for products we use everyday, from plastics to fabrics, fertilizers, and high tech materials. These many uses for oil have made this commodity a [...]
