Wealth of Knowledge - Intellectual Capital and the Twenty-First Century Organization

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Used Price: $5.00 Third Party New Price: $5.99 Availability: Usually ships in 1-2 business days Binding: Paperback Dewey Decimal Number: 658 EAN: 9780385500722 ISBN: 0385500726 Label: Doubleday Business Manufacturer: Doubleday Business Number Of Items: 1 Number Of Pages: 400 Publication Date: August 19, 2003 Publisher: Doubleday Business Release Date: August 19, 2003 Sales Rank: 562448 Studio: Doubleday Business Related Items: Intellectual Capital: The New Wealth of Organizations Working Knowledge The New Organizational Wealth: Managing and Measuring Knowledge-Based Assets If Only We Knew What We Know: The Transfer of Internal Knowledge and Best Practice The Knowledge-Creating Company: How Japanese Companies Create the Dynamics of Innovation see more Editorial Review: Product Description: In Thomas A. Stewart’s bestselling first book, Intellectual Capital, he redefined the priorities of businesses around the world, demonstrating that the most important assets companies own today are often not tangible goods, equipment, financial capital, or market share, but the intangibles: patents, the knowledge of workers, and the information about customers and channels and past experience that a company has in its institutional memory. Now in his new book, The Wealth of Knowledge, Stewart--widely acknowledged as the world’s leading expert on working with intellectual capital in today’s knowledge economy--reveals how today’s companies are applying the concept of intellectual capital into day-to-day operations to dramatically increase their success in the marketplace. Arguing that companies can make untold millions of dollars by managing knowledge more effectively--and save millions more--Stewart offers executives and managers compelling accounts of how leading companies around the world are successfully tackling the practical issues involved in today’s knowledge economy. The heart of the book is a revolutionary 4-step preocess that shows how to put intellectual capital to work to improve performance and profitablity, as well as manage knowledge processes. He goes on to discuss how companies can better utilize their current assets and enhance their knowledge resources for the future. Questioning many of the assumptions that have ruled business in the twentieth century, he addresses such critical and fundamental issues as why companies exist, how they should be organized and how people should be compensated. With his customary fearlessness and foresight, he plunges into the thick of the controversial arena of measuring and accounting, as well-an increasingly difficult task when a corporation’s assets are intangible. The Wealth of Knowledge not only sets out the latest thinking in creating and managing knowledge assets, but provides a detailed course of action for corporations trying to navigate their way in the world of knowledge economy. From the Hardcover edition. Customer Reviews Average Rating: Rating: - Engaging book, sometimes lacking focus Business corporations of old were formed out of physical assets such as real estate, buildings, and machinery. Over the last few decades, and accelerating as we move into the 21st century, businesses have increasingly shifted emphasis to intangible assets, including brands, patents, relationships, knowledge, and organizational culture. Yet accounting methods and much input into strategy and decision-making have lagged behind this trend. Stewart, author of Intellectual Capital and a Fortune columnist, ... Read More Rating: - Good read, provocative ideas This is Tom Stewart in his usual form: provocative, speculative, and challenging conventional logic. The writing style is lucid and the discussion of KM technolgy (2 chapters) is commendable. Just a few phrases and metaphors that is uses in the book make it a worthy read. Definitely worth the money. Buy it, but read it slowly. There is much tacit knowledge between the lines! Rating: - Paying Attention to Truth is Profitable and Protective Too many people will miss the core message of this book, which is about paying attention to truth and seeking out truth in the context of networks of trust, rather than about managing the process of internal knowledge. When the author says "It's time to gather the grain and torch the chaff," his book over-all tells me he is talking about brain-power and a culture of thinking (the grain) and counterproductive information technology and irrelevant financial audits (the chaff). Read More Rating: - It's About the Money A compelling and eminently practical book. Packed with examples and case studies, The Wealth of Knowledge builds a bridge between the abstract world of Intellectual Capital theory and the tough realities of business in the 21st century. With a fast paced and "in-your-face" style, veteran Fortune writer Tom Stewart reminds us of what the Knowledge Economy is all about: money. How to get it, keep it and make it grow. Anyone who thinks the phrase "New Economy" was just passing techno-hype and ... Read More Rating: - check your premises The author's offhand comment on page 19 "...taxation--some loonies call it theft--..." was not needed to make his point. And calling persons loonies does not change the facts. I was enjoying his book until he riled me with that comment. see more Browse for similar items by category: Biography & History - Business & Investing - Subjects - Books - Company Profiles Industries & Professions - Business & Investing - Subjects - Books - MIS Management & Leadership - Business & Investing - Subjects - Books - Management Popular Economics Policy & Current Events

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