Book Description
How do firms like Hewlett-Packard, DuPont, Dow Chemical, IBM, and Texas Instruments routinely convert the ideas of their employees into profits that sustain the corporation?
How can buyers and sellers calculate the assets of the acquired firm in a merger or acquisition?
How can an organization affect the firm's stock price using the leverage of intellectual assets?
Identifying a firm's assets, especially its intellectual assets-the proprietary knowledge expressed as a recipe, formula, trade secret, invention, program, or process-has become critical to a company's overall vision and strategic plan and essential in such transactions as stock offerings or mergers. In the era of the knowledge-based company, where the firm's genius and future lies in its ideas, a firm's collective know-how has become a measurable commodity-and as much a part of its bottom line as the condition of its cash investments, plant, and equipment. Extracting and measuring the real value of knowledge is essential for any corporate head who knows how high the stakes have become for corporate survival in the information age-where the innovative idea is as good as, if not better than, gold! Value-Driven Intellectual Capital is a corporate and financial executives' handbook to the new world of intangible assets-what they are and how to convert them into cash or strategic position. Written by one of the seminal thinkers in the field, and the key organizer of the ICM Gathering, a group of leading-edge knowledge-based companies, Value-Driven Intellectual Capital explains the new, boundary-expanding world of intellectual assets-where translating an innovative idea into bottom-line profits involves a tightly focused strategy with clear directives for making it happen. A blueprint for turning corporate knowledge, know-how, and intellectual property into a sustainable competitive weapon that will build a firm's reputation and market share, this practical, insightful book outlines:
* Basic concepts underlying IC (intellectual capital) and corporate value creation
* The linkage between IC, business strategy, and profits
* The different kinds of value-including qualitative and quantitative -firms realize from their IC
* Activities required to produce the value firms desire from their IC
* Methods for calculating the dollar value of companies-for market capitalization and mergers or acquisitions
* An economic model of an IC company
The book's appendix is a valuable distillation for corporate and financial executives, managers, researchers, and analysts of IC's basic working concepts and definitions, including the principles underlying value creation and value extraction, the concepts and strategies used by successful companies, the sources of value for knowledge companies, and the mechanisms used to convert that value into real profits. And since it is managerial talent that turns intellectual property into business assets, the book provides an arsenal of key concepts, methods, and processes for aligning with and using intellectual property as an active element of a firm's business strategies. It concludes with a discussion of how value is extracted from human capital, focusing on its elusive magnetic core: creativity and productivity. In an era in which firms are increasingly accountable to shareholders and success is judged solely by stock price, knowing how to measure and extract the value of a firm's intellectual assets has become one of the most critical and essential skills needed by CEOs today. Reflecting the most innovative thinking from some of the most sophisticated firms in the world, Sullivan's Value-Driven Intellectual Capital is a manifesto, a clarion call to excellence for any corporate or financial executive, merger and acquisition partner or investor who understands how much future corporate survival and success depends on the simple enduring genius of a good idea and the need to convert those ideas into corporate value.
Visit our Web site at: www.wiley.com/
Customer Reviews:
Non-Quantitiative & of Limited Value.......2002-05-24
For individuals actually interested in quantitative measurements of intellectual property value, this book is largely a waste of time. The text is full of a lot of business school "value creation" idealism and has little practical value in my opinion. Indeed, for those really interested in valuing intellectual property and intangible assets, see the associated book by Gordon V. Smith and Russell L. Parr. This text has everything you are looking for and this book is unnecessary.
Good quick Introduction.......2001-03-18
This book has its good points and its bad points. The good thing is that it is very well written, concise and easy to read. It brings important points to light and is a good start at dealing with a large complex issue. The bad aspect is that the book tends to rely on the experience of the author in developing the models that are at the heart of the book, rather on validated and tested truths.
A good place to start....
An invaluable introduction to IC Management.......2000-07-17
"In 1999, CEO Magazine and Arthur Andersen hosted a roundtable luncheon for CEOs interested in discussing intellectual capital (IC) and its impact on the firm as we know it. The luncheon drew 17 CEOs representing both manufacturing and service industry companies. All were intrigued by the potential hidden value that the intellectual capital perspective suggests lies untapped within their businesses, but none knew what kinds of value they could obtain from their company's intangible assets or how they might go about it. They just knew that there was hidden value in their companies and that it was somehow wrapped up in the thoughts, skills, innovations, and abilities of their employees. They wanted to learn more about this value: how to harness it, direct it, and extract value from it. This book is written for those CEOs and for anyone else who wants to know how to extract the hidden value that resides within the firm's intellectual capital. As of this writing dozens of firms actively engage in extracting value from their IC. The people directing the activities for these firms have formed a community (called the ICM Gathering) to share their ideas and success stories. With the expectation of a very few proprietary bits of information that could be useful to competitors, these firms are willing to share their knowledge, and this book draws heavily on their experiences. The purpose of this book is to help businesses profit from one of their most important assets, their intellectual capital" (from the Introduction pp.3-4).
In this context, Patrick H. Sullivan divides his book into three major parts as follows:
I. The Relationship Between Intellectual Capital and Corporate Value (Chapters 1-4). In this part, he basically:
* defines and discusses intellectual capital and its importance, and outlines some of the basic concepts underlying corporate value.
* describes a three-dimensional IC framework that reveals the IC aspect of the firm, and outlines the four key elements of the IC framework.
* discusses the kinds of value that intellectual capital provides to the firm, including direct and indirect, offensive and defensive, and internal and external value.
* discusses the ways managers may determine which activities are required to produce the firm's anticipated IC value.
II. Valuing Knowledge Companies (Chapters 5-7). In this part, he basically:
* discusses the concepts that underlie determining the amount of value that intellectual capital has for an organization.
* discusses the quantitative value of knowledge companies in two different kinds of situations: the value as a going concern (the stock market value), and the value in a merger or acquisition scenario.
* discusses the following questions: When determining how much to pay for a knowledge company being acquired, how does the potential purchaser make the calculation? Is the frame of reference an accounting or financial one? Or is it an intellectual capital one?
III. Managing Intellectual Capital (Chapters 8-12). In this part, he basically:
* describes the key elements involved in extracting value from intellectual property, including key decisions and decision-making processes, including who is involved, what information is needed by the decision-makers, what work processes are necessary to provide this information, what databases are needed to store the information, and how each decision will be implemented.
* discusses the similarities and the differences between intellectual property and intellectual asset and the implications this has for the intellectual capital management process.
* describes the relationship between knowledge, knowledge types, and intellectual capital, and introduces the relationship between knowledge and profits, the concept of value creation and value extraction.
* discusses management of the firm's core human capital and how they may be best employed.
* identifies the steps required of companies that want to implement and intellectual capital management capability.
In addition to these three parts, to reinforce the reader's knowledge, he discusses basic intelectual capital management (ICM) concepts and definitions, and provides a brief overview of the evolution of ICM as a working discipline in the appendix.
I highly recommend this invaluable study to all executives and HR practitioners.
A great place to start.......2000-07-07
I found this book very helpful for people in organizations that are complex. For small companies, sometimes we take for granted that managing human capital can be as easy as yelling over the top of a cube wall, and that applying for a patent can be amonumental achievement. But in companies where these things are routine, and systematic approaches are needed, Sullivan seems to present some credible, sound logic towards hot to approach these problems. This is not a how-to book, but returns to business management fundamentals to lay the ground work for an approach. There are no how-to books in this field, but this is an area that requires thought by readers, and Sullivan doesn't presume to know all the answers and detail. I have already applied many of the principles he presents in this book in my own company.
Value-Driven IC.......2000-07-02
This was an extremely disappointing book. Given Dr Sullivan's credentials, I was disgusted with the lack of substance within the book. For example, having stated that Financial analysts heve not given sufficient thought to developing a valuation approach to knowledge companies, and that the presented framework can be used in IC valuation, I didn't expect to be presented with several pages of "Price is the amount a purchaser is willing to pay..Cost is the amount of money required to produce an item." Believe it or not, most of us knew this already.
Be prepared for plenty of insightful and leading edge pearls of wisdom: "Parents are often asked by their child 'How much do you love me?' ..tends to fall back on answers like 'A lot!'. The point is that some things, even very important ones like love, do not lend themselves to accurate or quantifiable measurement."
It appears that Dr Sullivan didn't have anything knew to contribute and filled the book any way he could.
To assume that the book is providing anything useful to semi-educated personnel is merely patronising.
Book Description
In an information-based economy, organizations need to create an environment and a culture that support the reuse of knowledge across the company. This book illustrates what knowledge management is and how it can benefit an organization, as well as how to reduce knowledge isolation and stop the constant seeping of valuable knowledge from an organization. After presenting an overview of the subject, the book drills down into the processes,best practices, and technologies for unlocking an organization's knowledge assets.
Customer Reviews:
The Microsoft Solution for Communities of Practice.......2002-05-14
Conway & Sligar take the idea of a community of practice one step further than Wenger, McDermott and Snyder (In the book "Cultivating communities of Practice"). The central theme is knowledge management, with the problem being how to transfer knowledge from one generation of workers to the next. Conway & Sligar argue that employee loyalty is not common anymore and in fact employee's transfer jobs today more than in the past. The authors write that one way to enable knowledge management is to establish and promote communities. A community of practice is a group of people who share things like information, ideas and personal experience in an area of expertise. The authors see a CoP operating at the workgroup, department or corporate level. An example of a CoP is the Microsoft Database Management community which is focused on the use of Sql server and whose members are scattered around the world. In this community of practice the users of the knowledge give feedback to the producers of the knowledge through a rating system.
Conway & Sligar view knowledge management as a cycle with a number of stages of which a community of practice is one. A person or individual usually creates knowledge. Then the knowledge is shared where a community or group explore the knowledge in greater detail, discuss, argue and analyze. Then the knowledge may undergo refinement in a collaborative corporate environment. Finally the knowledge may enter the public space for mass adoption. In the knowledge management scenario of Conway & Sligar the CoP plays a major role in the second stage. The CoP can be formal or informal and the members share a common sense of purpose. It can be internal or external to the company and be based on a product, technology, role, function, industry or market. The authors believe that a community profile document should be created with items such as: a vision statement, a mission statement, roles & responsibilities and objectives for the community. In a CoP a number of community roles need to be filled such as: a community leader, subject matter expert, special interest group leader, the expert, community member, guest and launch team. The authors believe that the community must be compelling and fully engage members, where all members are fully rewarded for their contributions.
The authors both work for Microsoft Consulting Services in the area of knowledge management. They base their ideas of communities of practice firmly around the Microsoft Sharepoint collaboration software solution (which runs as an Active Server Pages application in Windows 2000 Internet Information Server). This software includes threaded discussion forums as part of its functionality for knowledge management. In fact communities of practice should be implemented with the discussion board functionality of the software. Discussion board software forms the core feature of many web sites using virtual community. Therefore, the authors end up blurring the boundaries between a community of practice and a virtual community.
A KM Breakthrough.......2002-04-13
Unlocking Knowledge Assets is not only a great overview of the much-misunderstood KM field; it is truly a breakthrough management science. With great brevity and clarity the authors outline how knowledge management's effectiveness can be accurately measured and linked to the goals of your business. If managers can pinpoint what knowledge worker activities are producing results, then those activities can be encouraged and rewarded. Taking the maxim "you can't manage what you can't measure" to heart, this book provides a first-of-its-kind paradigm that should shed new light on a firm's most valuable and mysterious resource: knowledge.
David H. Brett, CEO and Founder, Knexa.com
Excellent for the business executive.......2002-03-14
This book is written for the business executive to help them make the decision to implement a KM system in their organization. Even though the book is written by Microsoft Consultants it is not a sales pitch for Microsft technologies. The expertise these authors bring to this topic makes the book an excellent read for anyone planning to implement KM. They begin by discuss the importance of making sure the culture is represented within the system in order to support adoption and constant growth of the knowledge assets contained in the system.
Book Description
New strategies for business success based on shifting the focus from information to knowledge
-- Fifty percent of the fastest-growing companies in the U.S. can be described as "knowledge companies" -- those that employ highly skilled, highly educated people who sell their knowledge rather than products
-- Provides tools for measuring intangible assets such as competent and creative employees, patents, brand names, and company reputation
-- Some archetypal knowledge companies are consultancy firms, advertising agencies, software companies, and architecture firms
Few of today's companies improve performance through knowledge or learning. This is because few managers understand how to make a business of knowledge. They focus on explicit knowledge -- information -- instead of implicit human knowledge. Investing in information technology instead of in people, they only know how to measure performance in money.
This ground-breaking book offers practical advice and rules of thumb for designing a business strategy that focuses on knowledge as an intangible asset. It begins by outlining the differences between information-focused strategies (such as adding chips to a manufacturer's product line) and knowledge-focused strategies (such as seeking returns in long term customer relationships, ideas and learning, and research and development). Measuring the knowledge-based assets of a company explains why, for example, Microsoft is valued at 40 times its worth on paper.
In eight chapters, Sveiby assembles a veritable toolbox of knowledge-based management techniques to enable managers to meet the new business challenges of the coming century.
Customer Reviews:
A Knowledge Management Classic.......2004-12-17
This was probably the first book on knowledge management that really paid any attention to the bottom line, or what km can do for it. While the concepts might be abstract without a brief primer on organization development the overall message is not beyond the reach of the average reader. I will say that it may be time for an update as the author was seemingly taken with "boom" economics and used said examples to emphasise his points. What is clear is that while his examples are powerful in the context of the time frame in which they were written they can still be applied to the economic environment now faced by many organizations. Overall I would recommend this book to someone looking to familiarize themselves with some of the underpinnings of KM or in the earliest stages of the development of a km practice.
The Practicality of Knowledge.......2002-02-17
Book Review - Joe Pulichino, Doctoral Student, Pepperdine University; President, Athena Learning Group
The New Organization Wealth - Managing and Measuring Knowledge-Based Assets is quite a practical book for managers seeking to get theirs arms around those intangible corporate assets that cannot be easily measured. It's also valuable for those in the fields of knowledge management and corporate education who are wrestling with ways to facilitate the development and productivity of their organization's human competencies.
Although Sveiby's argument that intangible assets can account for the difference between a company's market capitalization and its net book value may not seem so persuasive since the dot.com collapse, his categorization of those assets as "employee competence", "internal structure", and "external structure" is useful as a way of thinking about the character and value of knowledge in an organization. Much more so than the vague catch-all asset of "good-will", knowledge, though also intangible, is an asset that can be created, managed, and measured, and can serve as the focal point for developing a strategic business model. Sveiby demonstrates this through a wide range of case studies.
Especially useful is his "radical notion" that "information is meaningless and of low value". When we consider how much money and human resources are expended on technologies that collect, store, and retrieve information, this will be an uncomfortable notion for many. However, Sveiby, supported by Michael Polanyi's theory of tacit knowledge (The Tacit Dimension, 1967), makes clear that information does play a role in knowledge creation and transfer. As a means of broadcasting articulated knowledge, information provides raw material, the stuff out of which people create knowledge through their interaction with it and with each other. Knowledge thus created is called competency by Sveiby and is defined as the "capacity to act".
Sveiby then introduces the subject of managing intangible assets by making useful distinctions between the roles of professionals and mangers in the "knowledge organization". He discusses how their competencies are best managed and transferred so that the flow of knowledge through the organization (its internal structure) leads to greater efficiency and effectiveness in managing the flow of knowledge in customer and supplier relationships (its external structure). His model leaves business managers with a choice between a knowledge-focused strategy, which "earns increasing returns primarily from intangible assets", and an information-focused strategy, which "earns increasing returns from adapting to information technology".
To account for it all, Sveiby lays out a non-financial system for measuring intangible assets. While providing some thoughtful perspectives on how one might do this, it is not clear that in the end these forms of measurement have the same utility and precision that financial measurements do. It is fair to say, however, that these types of measures, which include surveys, indices, ratios, and rates of changes, do offer indicators that can help to monitor actions that will develop, maintain, and grow these assets.
In the final paragraph of the book, Sveiby admits, "I do not believe that the information in a book such as this can really change anything", and in saying so remains true to his thesis: "The only valuable knowledge is that which equips us for action and that kind of knowledge is learned the hard way - by doing." He invites his readers to experiment with the information in his book and by doing so turn it into knowledge. The practicality of The New Organization Wealth - Managing and Measuring Knowledge-Based Assets is therefore dependent on what the reader does with the information it contains.
Insightful!.......2001-06-01
Business is business, they say, but the knowledge management business is something else entirely. Author Karl Erik Sveiby earned his doctorate with a thesis that draws an interesting distinction between information and knowledge. This book owes a great deal to the research in that thesis, although some of the subtleties were probably lost in the translation after it was presented at Stockholm University. Dr. Sveiby offers managers a plausible structure for stratifying their employees. He provides a solid rationale to justify rationing resources and information. We [...] recommend this book to knowledge managers. Professionals who feel they are not receiving adequate support, information, or compensation from managers also will find succor in these theories.
Putting the knowledge economy on a sound business foundation.......2000-11-14
To this day, Sveiby's "New Organizational Wealth" stands apart in that the book remains one of the few to make a serious attempt to place the benefits of the somewhat nebulous concept of the knowledge economy on a sound economic and business foundation. (Paul Strassman takes a similar approach, but more towards the macroeconomic level, in his articles in Knowledge Management magazine.)
Readers of the "New Organizational Wealth" will likely want to visit Sveiby's web site to get access to some of the tools he has since developed to help implement systems to measure and improve upon a company's intangible assets.
Knowledge as Wealth.......2000-04-05
There is a thirst for understanding how to manage the "new" companies that are knowledge based rather than founded on product manufacturing. Here is a book to help with that quest. Sveiby explains that, as an example, the public was willing to pay, in 1995, an average price of $70 for Microsoft when their book value was about $7. In other words, the shareholders saw about $9 of additional value for every $1 of tangible assets on Microsoft's books. There is no entry on Microsoft's balance sheet for that $9, and it represents a major trend in our "post industrial" economy. How do we manage such an illusive asset? Sveiby steps us through (1) understanding the era of knowledge Organizations, (2) managing intangible assets, and (3) measuring intangible assets. There are practical examples of measuring systems, how to organize a company to maintain and transfer knowledge, and keys to developing professional competence. Sveiby defines, for the purpose of this book, knowledge as "a capacity to act." "One's capacity to act is created continuously by a process-of-knowing. In other words, it is contextual. Knowledge cannot be separated from its context. The notion also implies teleological purpose. I believe that the human process-of-knowing is designed by nature to help us survive in an often hostile environment." I learned about the professional's three life cycles - the super star, the statesman, and the normal professional. I learned about the classic problem of organic growth in our knowledge organizations. And I re-learned that "it takes time, experience, and mental effort to turn information into useful knowledge. And since recipients cannot know until afterward whether it was worth spending that time, information that turns out to be worthless is really worth less than nothing." For those trying to understand the new business model, this book is well worth the time and effort. It will help you move your company into the modern age.
Product Description
History: Fiction or Science? is the most explosive tractate on history ever written - however, every theory it contains, no matter how unorthodox, is backed by solid scientific data. The book is well-illustrated, contains over 446 graphs and illustrations, copies of ancient manuscripts, and countless facts attesting to the falsity of the chronology used nowadays, which never cease to amaze the reader. Eminent mathematician proves that: Jesus Christ was born in 1153 and crucified in 1186 The Old Testament refers to mediaeval events. Apocalypse was written after 1486. Does this sound uncanny? This version of events is substantiated by hard facts and logic - validated by new astronomical research and statistical analysis of ancient sources - to a greater extent than everything you may have read and heard about history before. The dominating historical discourse in its current state was essentially crafted in the XVI century from a rather contradictory jumble of sources such as innumerable copies of ancient Latin and Greek manuscripts whose originals had vanished in the Dark Ages and the allegedly irrefutable proof offered by late mediaeval astronomers, resting upon the power of ecclesial authorities. Nearly all of its components are blatantly untrue! For some of us, it shall possibly be quite disturbing to see the magnificent edifice of classical history to turn into an ominous simulacrum brooding over the snake pit of mediaeval politics. Twice so, in fact: the first seeing the legendary millenarian dust on the ancient marble turn into a mere layer of dirt - one that meticulous unprejudiced research can eventually remove. The second, and greater, attack of unease comes with the awareness of just how many areas of human knowledge still trust the three elephants of the consensual chronology to support them. Nothing can remedy that except for an individual chronological revolution happening in the minds of a large enough number of people.
Customer Reviews:
Calculations are only as good as your numbers.......2007-08-03
Yes, we can all agree that mainstream history is nearly 100% BS due to politics, economics, ego, problems with dating techniques, and various conspiracies. Agreed. But, I've been researching the distinct possibility that human history (in terms of civilizations) are much more ancient than we've been told, so coming across this book was very interesting to me. I wondered how Fomenko could be wrong (if at all) because he is very persuasive in his presentations. Then it dawned on me. If at previous times in prehistory, due to the various catastrophies that are well documented (comets, asteroids, planetary disruptions, plasma discharge, pole reversals, etc) the Earth was in a different position in relation to the sun, different tilt on its axis, different orbit, different rotation (in terms of velocity and DIRECTION), and the continents were in different positions, then would this not cause the ancients to see the sky (constellations) differently? In other words, is Fomenko making erronious assumptions about the physics of the Earth in pre-history, which then corrupt his data with regards to dating the relevant astrology? The last event to seriously disrupt our planet occured roughly 3500 years ago, according to other good researchers, so is it possible Fomenko has been confused by this? The vastly different physics of our planet in the not so distant past may explain this confusion, which is not to say the "mainstream" version of history is correct; on the contrary. I am not an expert in these fields, but wanted to see if this idea could spark discussion.
Pants on fire?.......2007-07-19
Will people ever read before spamming? Yes, Jesuits could not rewrite world history alone, they had help. Anyway, Dr Prof Acad A.Fomenko does not point to jesuits as the driving force of world wide history manipulation in published volumes 1,2,3;, actually he barely mentions the poor devils. Check it with 'Search inside' feature, please. China is rarely mentioned either, in fact, Dr Fomenko is completely eurocentric. Right, his theory contradicts all mainstream schools of history, because in their actual state they are all built on blatantly erroneus chronology. You don't need a mysterious cabal (conspiracy) to falsify history, the falsification is its modus operandi. It is inherent to history(ians) to falsify (distort) events, as it is inherent to humans to boast as it is inherent to power (authority) to legimize itself by referrring to glorious past made to its own order. Dr Prof Fomenko and team have identified scores of instances of such manipulation in Russian, European, etc.. history, and delivered valid statistical proof thereof. His own 'reconstruction' is completely another story. Forget c14 as a valid method of dating. W.Libby has initially discovered a brilliant method of INDEPENDENT dating. Too bad, c14 method has become a joke after a forced marrige with dendrochronology with consensual chronological scale inbuilt. Radiocarbon method can't stand blind tests, but is so very productive as a rubberstamp.
Accepted History & Chronology Must Be Changed. .......2007-04-09
There is no doubt that history as most know it is a sham, & institution's version of History both University & Church is fradulent & inaccurate. Everything was established with an agenda, The real "Dark Ages" are now when we have access to incredible amounts of information past authorities & more important 'common folk' didn't have but our institutions & educators are slow to evolve because of what has ignorantly & arrogantly been taught for too long. This is on many subjects not just Chronology.
For anyone to question "Why would a Mathematician have anything credible to say of History?" The answer is from Dr. Fomenko's preface in the book: "It would be worthwhile to remind the reader that in the XVI-XVII century Chronology was considered to be a subdivision of Mathematics." These volumes could possibly be some of the most important works to date & should be read by everyone with an interest in History, especially professors & educators who have a duty to the public. I have read both books & must say that 'Chronology 1' has some very eye opening & revolutionary information. Even if these volumes are part true the implications are profound & opens the doors to further investigations & questions which must be done. I speak several different lanquages & must say the logic Dr. Fomenko uses with "inflection" of words & words being read from left to right in one region & right to left in another then written backwards, the removal of vowels & get down to basics of words, or different cities & locations having the same name etc. is correct. Vowel usage has always been optional & varied, actually complicating linquistics & study. The first thing one has to understand is that words never had a fixed spelling in history like we do now, the spelling of words was mutable & regional, as well as names & titles of people were vast, varied & changed, NOTHING WAS FIXED or understood linear. Matters of Life & Death as well as financial profiteering yesterday & today were & are made with ignorant, illogical & conspiratorial views of history & reality, it's time people get closer to the Truth & society collectively grow up.
Very Interesting.......2007-03-07
It is a good proposal and I believe it will mature into something even better in the future. I think it deserves to be read.
History as Science Fiction.......2007-01-10
Anatoly Fomenko has written a very intriguing book, full of pictures, charts, and computer 'proof' of his thesis: backwards of AD900 we don't really know what happened or when. Between AD900 and AD1600 there is more certainty, but there is still a lot of fuzzy ground, and things don't get reliable until we get past the 1600's where the printing press made it very difficult for the perpetrators of this timeline manipulation to change anything that had been committed to print. The Dark Ages did not happen. Books were burned for a reason. One organization has doubled the actual length of its existence by expanding the real chronology. Read why.
I had always wondered why Christ died about AD33 and yet men waited until the 11th century to form the Knights Templar, the Cathars, etc and go after the Holy Land by force. Why the 1000 year gap? Turns out there wasn't more than a 10-12 year gap and he proves it using astronomy. This also implies that the planet is not as old as we have been told, and current Christian and other creationist scientists are already championing that idea without being aware of Fomenko's book. The two groups, creationist scientists and the Russian mathematical analysts corroborate each other. Fascinating.
Of course, all this flies in the face of what we have been told traditionally is the 'proper' chronology of western civilization, and most readers will experience 'cognitive dissonance' in reading this book. It means that our history going backwards from AD1600 becomes progressively more incorrect and unreliable until it cannot be trusted at all... in the space of 700-800 years.
Naturally, the curious, open-minded reader will want to know WHO did this, WHY, and did any of the events we think of as really ancient ever happen?
Dr. Fomenko is a respected scientist/mathematician at Moscow State University who has already answered these questions to the satisfaction of his initially skeptical colleagues. Most of them are now believers, a few still refuse to believe (the usual diehards), and of course the western press has ignored Fomenko's work -- for obvious reasons when you read the book. The ones who perpetrated this chronology ruse have a lot to answer for. They are still with us. That's why this book is a well-kept secret.
I gave the book a 4-star rating because I was unable to check out some of his claims; those I checked were as he said. But if even 1/3 of his claims are true, this punches a big hole in what we think is our history, the meaning of western civilization, our educational process (for repeating the ruse as gospel), and the trustworthiness of the organization that perpetrated this ruse, well-intentioned or not.
This book relates to current research into a Young Earth paradigm, to John Keel's discoveries about our planet, and Fr Malachi Martin's insights (in his now out-of-print books). We are indeed sheep who are manipulated and kept ignorant -- for a reason. While knowing what these men have to say may be the "booby prize" (as in: 'what can you do with this knowledge?'), it will provide interesting reading. Didn't someone say: "...and the Truth will set you free."?? For you to judge if this book contains the truth.
Book Description
It is now widely recognized that the effective management of knowledge assets is a key requirement for securing competitive advantage in the emerging information economy. Yet the physical and institutional differences between tangible assets and knowledge assets remain poorly understood. In the case of knowledge, the ownership and control of assets are becoming ever more separate, a phenomenon that is actually exacerbated by the phenomenon of learning. If we are to meet the challenges of the information economy, then we need a new approach to property rights based on a deeper theoretical understanding of knowledge assets. Max Boisot writes clearly and in accessible language providing some of the key building blocks which are needed for a theory of knowledge assets. He develops a powerful conceptual framework, the Information-Space or I-Space, for exploring the way knowledge flows within and between organizations. This framework will enable managers and students to explore and understand how knowledge and information assets differ from physical assets, and how to deal with them at a strategic level within their organizations.
Customer Reviews:
Very powerful and innovative work on the information age.......2002-06-04
As a futures researcher at the Copenhagen Institute for Futures Research I have read tons of books on the information society. No one - absolutely no one - has been as powerful and innovative as Max Boisot's. He handles the most important aspects of information and knowledge and synthesizes them in one outstanding theory: The Information Space.
The framework generates insight after insight. After my absorption of it, I simply can't resist using it in my own research and consulting. It has for example helped me evaluate business plans and think about different subjects as national strategies on education, e-communities, trade associations, innovation strategies and the philosophy of social sciences.
Read this book and learn to think about the emerging society!
STRONG WELL WRITTEN MASTER PIECE.......2001-03-06
The decision to read a book, any book, is an exercise in cost-benefit-analysis, usually conducted under conditions of uncertainty (Boisot, 1998). This review strives to mitigate this uncertainty and instigate you to read it!
Boisot delivers a genuine new perspective on knowledge assets quite distinct from the existing knowledge literature. First he states that knowledge is embedded in physical objects (public knowledge -like a pack of Marlboros - understood as a pack of cigarettes of a certain quality and length), in documents, and in individual brains. He builds a three dimensional Information-space consisting of codification (codified - uncodified), abstraction (abstract - concrete), and diffusion (diffused - undiffused). Plot these elements on three axes of a three dimensional rectangle and you got Boisot basic mental model. In this box (I-space) the movement of knowledge results in the Social Learning Cycle (SLC). The SLC consists of 6 phases, respectively Scanning, Problem Solving, Abstraction, Diffusion, Absorption, and Impacting. This model fundaments subsequently the rest of the book in which he illustrates the value of knowledge, two learning theories (the N-learning strategy - hoarding knowledge and S-learning strategy - sharing of knowledge), culture in relation to knowledge (identifies the centripetal culture - tunnel vision and the centrifugal culture - promotes learning), core competence and strategic intent, the impact of IT on knowledge and finally applies I-Space on two companies, Courtaulds and BP oil exploration business. The theory Boisot used to build his model and arguments are very fundamental - deep-rooted in classic philosophy-, economy-, and chaos and complexity theories. However the major added value provided lies in the massive multifaceted range of examples offered, very intelligent and smart entrenched.
Knowledge as keyword in the Amazon search engine generates more than 9000 books. However the number that fundaments the basic knowledge theory infrastructure doesn't exceed 25. There are essentially only a few you want to read the rest is all derived from this small number. Boisot book (next to Nonaka & Takeuchi) is certainly one that falls in the in the 25 cluster in view of the fact that it's an outstanding unique mental model clarified by smart examples. Downturn of his theory that's it very difficult to apply in a practical situation, nevertheless read it (absorb and exploit) and capture valuable `knowledge' on knowledge theories.
A brilliant framework for managing knowledge assets.......2000-06-08
It would be difficult to over-estimate the value of this book. It is very important contribution to our understanding of how to build and manage knowledge assets and, in particular, the rules by which knowledge gains and loses value and 'travels'.
It is directly useful to business people who have to wrestle with strategies for managing knowledge. It is also a formidable piece of analytical architecture that links the management of knowledge assets to economic theory and learning theory. Considering the depth and range of the original thought packed into it, the book is surprisingly readable, partly because of the clarity and relevance of the examples with which the author illustrates his concepts.
Perhaps of widest importance is the clarity and precision of the definitions offered, in a field in which the definitions have been notably 'muddy'. One of the things I have gained from reading the book is a much clearer 'mental model' of what knowledge management is all about, its dynamics and linkages, and what is happening at various stages in the development, codification and diffusion of knowledge.
Because of its depth, density and range, absorbing the content requires real effort, but the effort is very worthwhile. It has several different audiences.
Knowledge managers: Those directly responsible for knowledge management will want to read and understand this book in full.
Business Strategists: The book provides a coherent and well argued rationale for developing strategies around the exploitation of the value in knowledge assets, based on the clearest explanation of the dynamics of knowledge value creation and dissipation that I have seen.
Managers of Organisational Change: Anyone concerned with organisation change also needs to understand the underlying concepts for their relevance to strategies for learning and to the shaping and linking of organisational structures.
Economists: Chapters 2 - 4 provide economists with a re-conception of the production function around data as a factor of production, and an explanation of the nature and dynamics of information value that is both challenging and important in integrating the realities of information and knowledge value into economic theory.
Those with a more peripheral or general interest in knowledge management should at least read: * the Preface, which is a 2 1/2 page masterpiece in the expression of the central concept in a compressed form, * pages 12 - 14 and 18 of the Introduction and * they should scan Chapter 3: The Information Space (I-Space) to understand the author's three dimensional construct and its use. J-C Spender's short Foreword is also valuable in putting Boisot's work in context with other work, particularly Nonaka and Takeuchi's The Knowledge Creating Company.
If general readers are tempted to go further, they will find an extraordinary range of thought-provoking concepts along with quite a lot of material that may be familiar from other writers: Boisot's primary aim is to get us to think differently about our world and to recognise that much of our current thinking about information and knowledge is grounded in the very different world of the energy based economy. He provides an alternative framework that is rigorous, persuasive and practical.
A solid framework for organizational knowledge.......2000-02-14
After reading a number of trendy books on knowledge management, this is the second one with a good theoretical framework. It is not a HOW TO..book (the subtitle is not very informative). It is the fruit of solid analytical thinking. Boisot uses the information space, built from the variables 'codification, abstraction and diffusion'. With this framework he gives an original insight into many organizational aspects, like organizational learning, competences, information technology and organizational culture. I have choosen the book for the course I teach at the University of Amsterdam (Culture and Competences in Changing Organizations), after reading it with red ears.
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- Finally, a Very Practical Guide
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Knowledge Assets Professional's Guide to Valuation and Financial Management
Mark K. Clare , and
Arthur W. Detore
Manufacturer: HARCOURT BRACE COLLEGE PUBLISHERS
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ASIN: 0156070006 |
Book Description
This book is a practical guide to an investment-oriented approach to the valuation of knowledge management (KM) strategies and projects. It is not a how-to book on the accounting, appraisal-oriented, or intellectual capital approaches to the valuation of intangible assets. Instead, it focuses on how best to leverage knowledge assets to create real economic value. Most managers are interested in results. This book shows how to demonstrate those results by driving knowledge assets more directly and visibly into the financial statements of the organization.
The purpose of the book is to provide a rigorous financial framework for analyzing the value that can be created and protected by investing in the knowledge assets of an organization. The valuation methodology presented in this book provides the tools you need to get the most from your firm's investment in knowledge management. Specifically, we will combine selected tools from value-based management and financial economics with proven and unique models from knowledge management to create a method for valuing knowledge strategies, KM programs, and specific KM projects.
The book is written in four parts. Part I focuses on essential background material in knowledge management, finance, economics, and organizational theory. Part II uses the background material to develop a formal treatment of knowledge management and the KM valuation methodology. In Part III, the KM methodology is applied to over a dozen real-world valuation challenges in knowledge products, intellectual property, and knowledge work. Even though we use our own firm as an extended case study, care is taken to show how the examples we give (e.g., knowledge products and services, corporate libraries, communities of practices, enterprise-wide knowledge sharing systems, and patents) can be generalized and applied to other types of businesses. Part IV focuses on active research challenges in knowledge management and KM valuation.
Customer Reviews:
Finally, a Very Practical Guide.......2000-08-23
"Knowledge Management", "Intellectual Capital", "Organizational Learning" and similar concepts all aim to help managers create more competitive success and shareholder value through better use of their firm's intangible assets (e.g., individual and collective knowledge, be it explicit or tacit). In spite of the intuitive appeal of these ideas, in too many organizations managers have a hard time applying them practically and measuring their results. This book directly addresses these issues in a manner that is both accessible and practical. To be sure, many more articles and books will be written on this subject; this one, however, should stand the test of time because of its usefulness to managers who actually have to implement these ideas and live with their results.
Book Description
Managing Knowledge Security is a comprehensive reference guide detailing how to secure both the physical and intangible assets owned by a business. Citing international examples such as Hewlett Packard, Microsoft, Google, Boeing, and Amazon, the author covers all aspects of knowledge protection, from employee retention strategies to physical security. Knowledge managers, security professionals, general managers, information systems managers, and competitive intelligence professionals will find the book of immediate relevance, as will members of the defense, national security, and government intelligence agencies.
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The Human-Side of Security Strategies.......2007-08-22
"Managing Knowledge Security: Strategies for Protecting Your Company's Intellectual Assets" (by Kevin C. Desouza) is an eye-opener. Unlike books that talk about technology-based security strategies, the book spots a human-side of security strategies. Desouza asks readers to think about the most important assets that companies have to protect and claims that technology is not always a solution to secure those important assets. For example, the most important assets for a company can be senior executives. Desouza asks companies whether they have a back up plan, if their executives are down. Desouza also explains a case that how companies end up to compromise their knowledge assets through conversations made by careless senior executives at the airport. Desouza explains these cases by using illustrative examples from his experiences as a competitive intelligence officer. In addition to these examples, each chapter explains the factors that may contribute to security breaches and provides actionable strategies. The book covers security strategies from internal employees to strategic alliances. This is a must-read.
Smart people will read this book..........2007-08-12
This is another informative publication by Kevin C Desouza. I really like this book, and in my opinion it is a contemporary classic in the making. This text is passionately written with clarity and brevity providing readers with a concise and comprehensive overview of the major issues concerning the complex processes of securing intellectual assets. This book spurs debate and stimulates critical thinking. Its strengths are its connection to real life scenarios plus the possibility to use it as a serious platform for discussing business practices. Crammed with spot on insights and excellent advice, this is an important book and delivers valuable lessons to the reader. It would be of extreme interest to both CEOs, directors and managers of companies (for obvious reasons) and to academics to whom I would recommend adopting it to use in a wide range of courses. An excellent book...there is a definite need for a thoughtful book of this type. It is worthy of recognition and deserves a lot of credit - it's a must read!
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- Maximizing the Enterprise Information Assets
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Maximizing The Enterprise Information Assets
Timothy Wells , and
Christine Sevilla
Manufacturer: AUERBACH
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ASIN: 0849313473 |
Book Description
The ramifications of this new Information Age are still not well understood. Most businesses do not know how to turn their information into a beneficial capital asset. Unfortunately, their focus has been almost exclusively on technology, while human and managerial factors are left unexplored. Maximizing the Enterprise Information Assets defines practical, winning techniques for building an environment that takes advantage of all of a company's information resources. This innovative work defines information assets not only as patents, trade secrets, and marketing data, but as all information contained within a company. This groundbreaking book: ¨ Defines information assets ¨ Identifies barriers that lessen information's value ¨ Explains how information can be strategically distributed ¨ Describes the relationship between information and strategic planning ¨ Explores methods to exchange valuable information among employees Corporate officers, directors, and IT managers will find this book invaluable for creating a positive, profitable work environment in which information assets are properly managed and distributed, encouraging revenue growth and worker satisfaction.
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Maximizing the Enterprise Information Assets.......2003-09-20
Sevilla and Wells have done it again: provided a user-friendly, information-brimming, detail-driven compendium of ideas that work and help you work better. Readers and organizations will owe the authors a debt of gratitude for helping convert data to knowledge and knowledge to the wisdom that ensures results.
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Knowledge Asset Management
Gregoris N. Mentzas ,
Dimitris Apostolou ,
Andreas Abecker , and
Ron Young
Manufacturer: Springer
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Binding: Hardcover
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ASIN: 1852335831 |
Book Description
There are two main approaches to knowledge management (KM), the process-centred approach which treats KM as an interpersonal communication process and the product-centred approach which focuses on the artefacts for knowledge, i.e. the documents, their creation and reuse in corporate computer-based systems. Knowledge Asset Management presents a knowledge asset-centric approach which fuses the previous two approaches together. It provides a conceptual framework to guide managers in the planning and development of the initiative and presents a methodology for organisations to: define and document their knowledge management strategy.- audit and design business processes that enhance and facilitate corporate learning.- facilitate knowledge sharing between people in the organisation.- measure and evaluate the quality and value of the organisation's intellectual capital. The book also introduces a way for developing an intranet-based environment to support: the collection and classification of internal and external information.- reuse of stored knowledge using flexible and customisable knowledge navigators and advanced search mechanisms including keyword and concept-based searching (e.g. visualization of the information space).- collaboration via on-line workspaces. Knowledge Asset Management gives an in-depth look at the technologies and methodologies required for knowledge management. Written by four highly experienced consultants in the field, the books also includes case studies showing how the principles work in practice. "One of the rare books today on Knowledge Management that addresses the leveraging of an organization's intellectual assets by using an integrative and holistic approach. Well worth reading!" Michael Stankosky, Professor of Knowledge Management and Co-founder/co-director of the Institute for Knowledge Management, The George Washington University "This book is a useful illustration of Knowledge Management implementation principles: it synthesizes theoretical and pragmatic approaches to the subject and does a competent job of embracing the various dimensions of a Knowledge Management initiative." Daniele Chauvel, Director, European Center for Knowledge Management; Business School Marseille-Provence "For those organisations who wish to take a strategic view of knowledge management, this book shows how they can take KM to the next level - not driven by a technology solution but based on the strategy and needs of the business." Marc Auckland, Chief Learning Officer and Head of the BT Academy, BT "The KM method proposed in this book enables enterprises to exploit their knowledge more effectively by making it easily available to employees and by facilitating the exchange and integration of information used by knowledge workers in a variety of business situations" Ciro Maddaloni, SOGEI S.p.A., Gruppo Telecom Italia.
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A Focused Issue on Managing Knowledge Assets and Organizational Learning, Volume 2 (Research in Competence-Based Management)
Manufacturer: JAI Press
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Binding: Hardcover
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ASIN: 0762312106 |
Book Description
This second volume of
Research in Competence-Based Management (RCBM) continues the launch of a long-awaited outlet for peer-reviewed research papers contributing to advancement of competence-based management theory.
Each volume in RCBM will be focused on a key aspect of competence theory. The focus in this volume on "Managing Knowledge Assets and Organizational Learning" reflects the central importance of knowledge and learning in organizational competence building, leveraging, and maintenance. Papers in this volume explore the nature of learning dynamics in organizations, systematic approaches to sustaining organizational learning processes, and organizational challenges in managing knowledge flows internally and across the boundaries of an organization. A set of papers also explores the management of existing knowledge and the creation of new knowledge in a key learning arena – new product development processes.
Books:
- Venice Against the Sea: A City Besieged
- Video Over IP: A Practical Guide to Technology and Applications (Focal Press Media Technology Professional Series)
- Water in Environmental Planning
- Who's Who in the Bible: An Illustrated Biographical Dictionary (Reader's Digest)
- Working Across Boundaries: Making Collaboration Work in Government and Nonprofit Organizations (Jossey Bass Nonprofit & Public Management Series)
- 21 Things Every Future Engineer Should Know: A Practical Guide for Students and Parents
- A Kids Guide to Giving
- A Practical Guide to Security Assessments
- Achieving Business Value From Technology
- B2B and Beyond: New Business Models Built on Trust
Books Index
Books Home
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