Intangible Management is popular PDF and ePub book, written by Ken Standfield in 2002-07-30, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Intangible Management can be Read Online from any device for your convenience.
Intangible Management Book PDF Summary
For the recorded history of management, the world has managed value creation according to what can be seen, touched and proven. In today's knowledge-based economy, value creation is derived primarily from how well firms manage intangibles (knowledge, service, expectations, response time, innovation, change management, etc). The large capital outlays that signified the manufacturing economy are no longer required. In fact, such 'tangibles' now explain less than 20% of the value of most publicly listed firms. For example, Time Warner has only 6.49% of its value attributable to tangibles. As such, for every $1 of true value, only $0.065 cents is being measured and managed by conventional management practices. For Oracle Corporation, tangibles account for only 4% of its value. For General Electric (worth over US$450 billion), tangibles account for less than 11% of its value. Intention, context, emotional intelligence, escalation, and sustainability are words that are generally absent from the operational management techniques of managers worldwide. They form, however, the basis of skills required to manage organizations in today's knowledge-based economy. The authors investigate the ways that intangible values can be identified, measured, and managed. Their revolutionary and innovative taxonomy not only reveals fundamental differences between a manufacturing economy and one which creates value through knowledge, relationships, and time. By using case studies, a compelling mixture of theory and applications, and a set of accounting tools, the authors demonstrates how a new value framework can protect investors while giving companies the ability to generate long-term growth. Shows how intangible values can be identified, measured, and managed Presents a revolutionary and innovative taxonomy with a new set of accounting tools Demonstrates with case studies how a new value framework can protect investors while enabling companies to generate long-term growth
Detail Book of Intangible Management PDF
- Author : Ken Standfield
- Release : 30 July 2002
- Publisher : Elsevier
- ISBN : 9780080508863
- Genre : Business & Economics
- Total Page : 286 pages
- Language : English
- PDF File Size : 21,6 Mb
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