To be profitable, sustainable, and competitive, businesses are obliged to exploit their intangible assets…with greater frequency, the difference between businesses making a profit and fighting for financial survival, lies with recognizing most businesses are intangible asset intensive and dependent. https://kpstrat.com/wp-admin/post.php?post=4079
It’s also important for business leadership to recognize that…
- the responsibility to identify, safeguard, and preserve (the value) of those assets and align them with business strategy is solely up to each businesses management team.
- patents (convention intellectual property enforcements) no longer represent a deterrent to would-be (global) counterfeiters, misappropriators, or infringers!
- computer/IT security is not synonymous with protecting – preserving value or sustaining control, use and ownership of knowledge-based assets.
- the probability a business will experience infringement, insider theft, misappropriation, or costly-time consuming disputes/challenges regarding their assets, is rapidly becoming an inevitability, not merely a probability.
- the latter is especially relevant…
- in winner-take-all global business transaction environments when effective and forward looking asset protection practices are not in place or dismissed as not being necessary.
- as knowledge-based assets are perishable, seldom fully renewable or recoverable, i.e., once they’re gone, they’re probably gone forever! https://kpstrat.com/wp-admin/post.php?post=2925
- the latter is especially relevant…
Michael D. Moberly May 2, 2008 St. Louis [email protected] ‘The Intangible Asset Blog’, since May 2006, (https://kpstrat.com/blog) where attention span, business realities, and solutions converge!
Readers are invited to explore other blog posts, papers, and books I have published at https://kpstrat.com/books/papers