I have been working on intangibles valuation crisis for 19 years - when i was at main london office of Coopers & Lybrand and spotted the biggest maths error I have ever seen embedded in the separated-box (opposite of connecting flow) monopoly of metrics that tangibless acccounting is
Its important to realise that there are 2 opposite camps. those who are trying to force fit intangibles into the old accounting and old profession system ; and those who want a whole new book (-he leading network of that 2nd kind published unseen wealth reports (2000) in DC and did some work at http://euintangibles.net until its funding got withdrawn as we were asking too many questions that machine-oriented KM did not like
I was first briefed by the chairaldy of unseen wealth that brand experts had completely F***ed up intangibles in early 2001; she said go see if KM will do any better; by about 2004 people like sveiby and edvinnson were admitting human KM was dead in the sense that it had been hijacked by those who wanted computers not human knowhow to be invested in
if the other system round models of intangibles hed been used then Wall Street would not have lost all its 5 investment banks - 3 disappeared and 2 changing their constitution; andersen would not have disappeared; enron and exxon and worldcom et al would not have sponsored the white house; clean solar energy would be communally waving its good news; the world would be a happier place for humans where trust surveys were on the up and up instead of crashing down;
I dont see anything in the recent volley of mails that interests me much; verna allee could have moved to the other side but never wholly wanted to in te various conversations I had with her
the epicentre of the other side is now muhammad yunus and all the indian/bangladeshi/parisian microeconomics alumni networks around him; http://www.smbaworld.com/id8.html
basically their microeconomics and collaborative approached to intangibles; the other system round from top-down views; 25 years ago my father forecast this war of 2 different mindsets and its critical impact on whether we intergarted every locality into gloabisation fairly or not
perhaps we need a knowledge person 2.0 to explore other way round maps - see eg http://changeworld.net to decide whether these contexts matter to you
chris macrae
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It may be a problem of language but if you are not prepared to look at how systems are measured - and stand up when they are wrongly measured -then sheer evil can be the only consequence- loss of humsn sustainability will doubtless follow because the big currently sponsor measures and fewer and fewer peope'es voices are included in the way the world's largest organsiational systemsa re run
it remains a fact that tangible accounting treats machines as investments, people as costs to cut - this 'error" at least in any buisness where people knowhow matters compounds investments that unnecessarily destroy jobs for people, and devalues much of the value that a knowledge era could map above zero sum
chris macrae http://www.smbaworld.com |