“If it can’t be measured, it can’t be managed”, an adage attributed to Peter Drucker that, in my view, carries more relevance today than when it was initially uttered. That’s because increasing percentages (65+%) of company’s value, sources of revenue, and foundations for growth evolve directly from intangible assets
No one profession can legitimately lay claim to being the sole repository of knowledge about ‘all things intangible’.
Many xonventional models for delivering corporate training may well be outdated or even obsolete in the knowledge (intangible asset) based global economy.
Many companies are re-examining the relevance of conventional business plans and mission statements in the intangible asset-knowledge-based economy.
When steadily rising percentages (65+%) of most company’s value and sources of revenue evolve directly from intangible assets, it’s time HR ‘put more skin in the game’!
In a world in which 65+% of most company’s value and revenue evolve directly from intangible assets, conventional financial statements and balance sheets are not providing a complete picture.