This document discusses how corporate value is increasingly derived from intangible assets like intellectual property, brand recognition, and organizational capital rather than tangible assets. It notes that intangible investments by US corporations now exceed tangible investments annually but are not fully captured by traditional accounting systems. To address short-termism and more accurately value firms, the "intangibles information gap" must be closed by better identifying, measuring, and reporting intangible capital and knowledge assets.
Exit Planners Guide to Building Corporate Value through Intangible CapitalSmarter-Companies
80% of the value of the average company is intangible. So if you want to build value in a company, this is the place to focus. Presentation made to Exit Planning Exchange in Boston in September, 2010.
Risk in the Knowledge Era: Intangible. But Very RealSmarter-Companies
Briefing shared with the Information Asset Protection Council of the American Society of Industrial Security on the changing face of risk. For more info, please visit www.i-capitaladvisors.com
Intangible assets and intellectual capital drive the performance of every business today. This presentation explains how this happens and how businesses can and should measure and manage their intangible value creation. The presentation was originally delivered as part of the IAFS series, Conversations on Intangibles. For more information, please visit www.i-capitaladvisors.com
The shift to the knowledge era is driving the need for new tools for management. This workshop helped participants talk about these new tools and how the shift has affected their own work. See blog post to see some of the outcomes of the workshop http://www.i-capitaladvisors.com/2010/02/02/thoughts-on-the-shift-to-the-knowledge-economy/
Lessons learned from early innovators in the field of intellectual capital. The field of IC is at risk of getting caught in the marketing chasm described by Geoffrey Moore in Crossing the Chasm. Presentation by Mary Adams and Peder Hofman-Bang at the European Conference on Intellectual Capital in April, 2009.
Exit Planners Guide to Building Corporate Value through Intangible CapitalSmarter-Companies
80% of the value of the average company is intangible. So if you want to build value in a company, this is the place to focus. Presentation made to Exit Planning Exchange in Boston in September, 2010.
Risk in the Knowledge Era: Intangible. But Very RealSmarter-Companies
Briefing shared with the Information Asset Protection Council of the American Society of Industrial Security on the changing face of risk. For more info, please visit www.i-capitaladvisors.com
Intangible assets and intellectual capital drive the performance of every business today. This presentation explains how this happens and how businesses can and should measure and manage their intangible value creation. The presentation was originally delivered as part of the IAFS series, Conversations on Intangibles. For more information, please visit www.i-capitaladvisors.com
The shift to the knowledge era is driving the need for new tools for management. This workshop helped participants talk about these new tools and how the shift has affected their own work. See blog post to see some of the outcomes of the workshop http://www.i-capitaladvisors.com/2010/02/02/thoughts-on-the-shift-to-the-knowledge-economy/
Lessons learned from early innovators in the field of intellectual capital. The field of IC is at risk of getting caught in the marketing chasm described by Geoffrey Moore in Crossing the Chasm. Presentation by Mary Adams and Peder Hofman-Bang at the European Conference on Intellectual Capital in April, 2009.
Presentation at ICICKM 2010 in Hong Kong. The future of IC depends on us (the practitioners of knowledge-era management). For more information, please visit www.icknowledgecenter.com
Groovy is a dynamic programming language that runs on the JVM and seamlessly interacts with Java. Grails melds the concept of "Convention over Configuration" and the dynamic power of Groovy to create a framework that greatly simplifies the development of web based applications. This slideshow explores the two - dive into some Groovy vs. Java code examples and see some examples of Grails. We'll also discuss when to introduce either into an existing (or greenfield) environment and where they have worked and where they have failed
Kneipp Eucalyptus badkristallen zijn rijk aan waardevolle mineralen en sporenelementen die de huid zuiveren en verzorgen. De etherische eucalyptusolie wordt door het warme stoom via de neus ingeademd en via het water door de huid opgenomen.
Business Intelligence in SAP Environments: Understanding the value of complem...dcd2z
A white paper sponsored by Business Objects prior to the SAP acquistion to make the business case for complementary third-party BI instead of \'one-stop-shop\' SAP solutions.
Intellectual Capital: Define, Understand and Capture ItSmarter-Companies
Intellectual capital is the driving force behind our economy today. This presentation from Mary Adams of Intellectual Capital advisors helps you visualize your IC and put it to work in your business.
Presentation at ICICKM 2010 in Hong Kong. The future of IC depends on us (the practitioners of knowledge-era management). For more information, please visit www.icknowledgecenter.com
Groovy is a dynamic programming language that runs on the JVM and seamlessly interacts with Java. Grails melds the concept of "Convention over Configuration" and the dynamic power of Groovy to create a framework that greatly simplifies the development of web based applications. This slideshow explores the two - dive into some Groovy vs. Java code examples and see some examples of Grails. We'll also discuss when to introduce either into an existing (or greenfield) environment and where they have worked and where they have failed
Kneipp Eucalyptus badkristallen zijn rijk aan waardevolle mineralen en sporenelementen die de huid zuiveren en verzorgen. De etherische eucalyptusolie wordt door het warme stoom via de neus ingeademd en via het water door de huid opgenomen.
Business Intelligence in SAP Environments: Understanding the value of complem...dcd2z
A white paper sponsored by Business Objects prior to the SAP acquistion to make the business case for complementary third-party BI instead of \'one-stop-shop\' SAP solutions.
Intellectual Capital: Define, Understand and Capture ItSmarter-Companies
Intellectual capital is the driving force behind our economy today. This presentation from Mary Adams of Intellectual Capital advisors helps you visualize your IC and put it to work in your business.
Facebook was the #1 visited website in the US in 2010. 25 billion messages were sent on Twitter last year. All kinds of people, from potential customers to long lost cousins or classmates, are talking with each other and the world through social networks. Shouldn’t you be listening? Can you afford not to?
In this presentation you will learn what social media is, what the major platforms are and how you can leverage them for marketing, customer service, media coverage, or just plain good fun. You will also learn how to measure the effectiveness of your efforts.
Meet Customers Where They Are: Incorporating Social Media Into Your Customer ...Salesforce Marketing Cloud
The time to embrace social channels is now. And incorporating social media strategy is the fast track to providing truly exceptional customer service. Service Cloud and Marketing Cloud have teamed up to show you how customer service and marketing are more closely linked than ever. Use social channels to:
Listen to customers where they are talking
Engage them in more personalized ways
Resolve cases quicker and delight customers
Transform service and create brand advocates
"So much of good customer service is context . . . A customer who has called or tweeted about the same issue three times within the last three months is a very different customer than somebody who just bought the product yesterday." —Tony Kavanagh, VP, Marketing, Salesforce Service Cloud
The advent of Web 2.0 has spawned a new generation of Internet applications that muddy the waters between work and play, causing serious headaches for security conscious IT depts. Traditional firewalls and other security tools no longer cut the mustard.
Security threats have evolved to target specific applications in order to breach a company’s defenses. What’s more, Internet-savvy employees are easily outsmarting many of the security controls currently in play.
Simon Richardson, Managing Partner, ITogether, looks at what’s needed to help IT Directors keep the hoards in check, protect their IP, shore up their defenses and claw back some control.
This presentation was delivered as an introduction to social enterprise and business model generation at the University of Sheffield.
Information in the presentation was gathered from organisations across the social enterprise sector, including UnLtd, Regen School, The Social Investment Business, The Young Foundation and Venturesome.
The Business Model Canvas is based on the work of Alexander Osterwalder. See http://alexosterwalder.com/ for more information.
An overview of the Grow! Minnesota Service provided by the Minnesota Chamber of Commerce. Efforts to support Minnesotans and grow businesses in a "shaky" economy.
Similar to The Role of the Intangibles Information Gap in the Financialization of the American Corporation (19)
ICounting - Change the conversation using measures that matterSmarter-Companies
Today's economy demands companies that are collaborative and innovative. This kind of company uses knowledge, computing, connections and trust to create value for its stakeholders and profit for its shareholders. Accounting helps you see the profit but you need ICounting to see the value creation.
IT is ever more available and affordable. But IT alone does not drive innovation. For that, you need to build an ecosystem around IT. We call this ecosystem intangible capital (IC). This presentation by Mary Adams of Smarter-Companies at the Microsoft WinDays14 conference contains lots of ideas and inspiration to drive innovation in your own organization.
Most of the value in mergers and acquisitions is ascribed to intangible (not tangible) capital. Ignoring these intangibles can be dangerous. This presentation covers how to identify and measure intangibles in traditional Accounting deals--and presents a more modern alternative: ICounting.
These slides were from a talk I gave to a group of consultants who went to Harvard Business School at their monthly meeting. The theme was "thought leading." It was fun for me to trace the story of how my interest in IC developed and morphed over time into what we are now doing at Smarter Companies.
Today 80% of the value of the average company is intangible. This means that if you want to maximize performance and valuation, you'll need to focus on the intangible value drivers of the organization. More info at www.icvaluedrivers.com
Making Better Corporate Decisions with Intangible Capital VisualizationSmarter-Companies
These slides are from a meeting of the KM Forum in Boston where Mary Adams told five stories of the power of intangibles visualization: performance, value, innovation, reputation and growth. For more information visit http://i-capitaladvisors.com/
Webcast of this talk available at the end of the schedule here: http://wedc1.dynamicwebcasting.net/
I-Capital Advisors led an interactive session at the Washington Economic Development Commission's recent Regional Innovation & Jobs Summit.
This presentation was used for background prior to an exercise where the participants actually mapped distinct innovation ecosystems in the state economy.
Intangibles make up 70% of the value of the average transaction and company. This presentation provides a primer on how to incorporate intangibles into your mainstream management. Maximize the performance and value of intangibles including human, relationship and structural capital. For more information, please visit www.i-capitaladvisors.com
Worksheet to accompany this is at www.tinyurl.com/mysocialmediaplan. Getting started in social media can be overwhelming for consultants. This presentation lays out a staged process for dipping your toe into this wonderful marketing channel. Workshop delivered to the Institute of Management Consultants New England Chapter.
The challenge for every business is how to put your intellectual capital to work. In this presentation, you will learn a way to model knowledge value creation by Mary Adams at the Knowledge Management Society of Warsaw in April, 2009.
Intangible But Very Real Opportunity For ConsultantsSmarter-Companies
The shift to the knowledge economy has created significant gaps in management information and practices. Management consultants are perfectly positioned to help their clients bridge these gaps--and take advantage of the opportunities for growth and innovation that exist for every company today.
Finance has an important role to play to help corporate stakeholders see and understand the importance of intangible knowledge assets to the future profitability and sustainability of the organization.
The shift to a knowledge-based economy has created significant challenges for accounting and corporate reporting. This presentation gives an overview of the challenges and opportunities facing accountants and businesspeople today.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Remote sensing and monitoring are changing the mining industry for the better. These are providing innovative solutions to long-standing challenges. Those related to exploration, extraction, and overall environmental management by mining technology companies Odisha. These technologies make use of satellite imaging, aerial photography and sensors to collect data that might be inaccessible or from hazardous locations. With the use of this technology, mining operations are becoming increasingly efficient. Let us gain more insight into the key aspects associated with remote sensing and monitoring when it comes to mining.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
The Role of the Intangibles Information Gap in the Financialization of the American Corporation
1. Response to New School discussion on
US Corporations in the Recovery and Beyond
Friday, April 23, 2010
The Role of the
Intangibles Information Gap in
the Financialization of the
American Corporation
Mary Adams
I-Capital Advisors
ICA-1
2. Corporate value is increasingly
intangible
Components of S&P 500® Market Capitalization
14,000
Market Premium
12,000
Intangible Book Value
Tangible Book Value
10,000
8,000
S&P 500 Market Cap ($ billions)
6,000
4,000
2,000
-
1973 1975 1977 1979 1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005
Research: Ned Davis
ICA-2
3. This change touches all sectors
Intangible Value as a % of Total Market Capitalization
by Sector
100%
90%
80%
70%
60%
1975
50%
2005
40%
30%
20%
10%
0%
ner
gy als ials ary ap l
es ar e cia
ls
ice
s
o gy tie
s
teri st r tion er St th C in an er v tili
E M a
I nd u
cr e al S chn ol U
Dis o ns u
m He F
ion
s
Te
er ca t tion
um C u ni ma
C o ns o mm Inf or
lec
Te
ICA-3
4. Here’s the
calculation:
• Total corporate value per the stock
market
• Minus: tangible assets at historical cost
• Minus: intangibles on the balance sheet
from mergers
• Equals: “market premium” or
“unrecognized intangibles”
ICA-4
5. Global mergers – 2007
(mergers are the one time these intangibles
hit the balance sheet)
Tangible, 30%
Goodwill, 47%
Intangible, 23%
E&Y: Acquisition Accounting – What’s Next for You?
ICA-5
6. The gap is not “goodwill”
• This large amount of intangibles in
business is not the result of some abstract
market “feeling”
• It is the result of 30+ years of investment
in the knowledge infrastructure of
American corporations (people,
processes, info tech, networks)
• Annual investment in knowledge
intangibles now exceeds tangible
investment….
ICA-6
7. U.S. corporate investments - 2007
Tangible $1.2
trillion, 43%
Intangible $1.6
trillion, 57%
Business Week, October 29, 2009 (using unpublished data from Corrado, Hulten and Sichel)
ICA-7
8. What are intangible investments?
Calculations extrapolate from currently-available
data including:
– Software
– R&D
– Advertising
– Training
But not everything is counted because current
measurement systems (both economic and
accounting/financial) were built for a tangible,
industrial economy
And most of these investments are treated (at both
macro and firm level) as current-year expenses
ICA-8
9. What it all really means
• Analysts and investors cannot rely on the
balance sheet to help them value stocks
• So they have to rely on the income
statement but this is a very short-term
source of information
• Financialization reflects this short-term
view
• Financialization cannot be fixed without
also closing the intangibles information
gap
ICA-9
10. Filling in the gap
• Field of intellectual or intangible capital
emerged to study this information gap
• IC field—strong following in Europe & Asia
• Focus is primarily on:
– Identifying intangibles
– Understanding link to value creation
– Reporting to stakeholders
• Generally identifies three classes of
intangibles….
ICA-10
12. Structural capital is special…
• Paul Romer calls it software
• Arnold Kling and Nick Schulz call it recipes
• John Zysman calls it the algorithmic
revolution
…Structural Capital is operationalized
knowledge in a highly scalable, enduring
form that is not subject to the laws of
scarcity—it changes everything
ICA-12
13. The economic opportunity of the
knowledge era?
…creating value by leveraging
human + relationship
+ structural capital
ICA-13
14. To end financialization…
…and take advantage of the potential of the
knowledge era, we need to:
– Close the intangibles information gap
– Offset the short term view of the income
statement
– Give investors and stakeholders a view
previously provided by the balance sheet of
the productive capacity and potential of the
firm…its intangible capital
ICA-14
15. • A manager’s guide to
identifying, managing and
measuring intangibles
• Goal is to leverage the
knowledge and
competencies of firms for
greater value, performance
and innovation
ICA-15