Reshaping business and the world by leveraging knowledge intangibles
The Emergence of a "Know" Profile
We all have profiles of ourselves everywhere. Our profiles "contain" relevant information about our educations, experience and interest. Every time we "tweet" or write a post the context of what we share is also a reflection of our "profile".The word "profile" carries many meanings including:
- a verbal, arithmetical, or graphic summary or analysis of the history, status, etc., of a process, activity, relationship,or set of characteristics:
- an informal biography or a concisely presented sketch of the life and character of a person.
- a set of characteristics or qualities that identify a type or category of person or thing:
- a description of behavioral and personality traits of a person compared with accepted norms or standards.
Why The "Know" Profile Will Emerge
Content on the net represents various forms of knowledge. Content is produced, propagated and published by people. Content attracts people whom have an affinity to the context of the content as it relates to what people want to "know". What people know is a reflection of their intellectual capital. People socialize around content which again is produced by people. Popular content may reflect creative perspectives, innovation, new ideas and insights. People migrate to other people based on spiritual capital meaning common beliefs, principles and practices.
People socialize around content which again is produced by people. The sphere of influence that attracts people to other people represents the collective value attributed by the four elements of "knowledge assets". The collective value of our individual knowledge assets represent "social currency" that most of us share freely.
Now imagine being able to access a "Knowledge Inventory" that indexed people who have the right combination of "knowledge assets" that could be used to solve whatever problem people or organizations seek to solve. The Knowledge Inventory would be build by categorizing our individual knowledge assets into the following capital indexes that could be measured and vetted over time:
- Intellectual Capital reflects a taxonomy of knowledge gained from our education, experience, relationships and organizations. The common definition of intellectual capital includes relational capital, human capital and organizational capital.
- Social capital is a sociological concept used in business, economics, organizational behaviour, political science, public health and the social sciences in general to refer to connections within and between social networks.
- Creative capital implies is a mental process involving the discovery of new ideas or concepts, or new associations of the existing ideas or concepts, fueled by the process of either conscious or unconscious insight.
- Spiritual capital is a concept that involves the quantification of the value to individuals, groups and society of spiritual, moral or psychological beliefs and practices.
Whether an individual, organization or society at large having access to the right "knowledge" at the right time represents a significant increase in productivity. Productivity is what fuels the economy. Any economy is tied to productivity. Economic growth is defined as any production increase of a business or nation (whatever you are measuring). Real economic growth consists of two components. These components are an increase in production input and an increase in productivity. (Genesca & Grifell 1992, Saari 2006)
The value of accessing the right knowledge assets applied to any given problem, any new innovation or market opportunity is increased productivity. People are the "containers" of knowledge. Being able to create a knowledge inventory accessible to everyone enables everyone to increase productivity. Doing so would fuel a new economy based on a new currency and everyone could become their own "knowledge corporation".
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Replies to This Discussion
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Permalink Reply by Mary Adams on
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Jay-
I really like the way that you organize the approach to assessment of the different categories. I have seen the four categories of knowledge assets you use here (maybe from Dan Robles?). I think that it does a good job of capturing different sides of personal knowledge capital.
But for a corporation, I still like the more classic definition from the field of intellectual/intangible capital:
* Human capital
* Relationship capital
* Structural capital
* (sometimes) Strategic capital or business recipe
This is what guided the What Is IC? discussion in this site's About section. This approach would put your creative and spiritual in human capital and social would be in relationship capital. I definitely would see part of your intellect, creative and spiritual as all human.
One of the advantages of this approach is that it is consistent with the classifications used in the field of IC (such as in the Journal of Intellectual Capital). I guess that your classification system really will depend on whether you are talking to individuals rather than organizations.
The one thing that I would point out is the importance of the concept of structural capital. This is where knowledge is captured in IT, databases, training material, books, IP and, most of all processes. Structural capital is the most important kind of knowledge (although it can never stand alone without human and relationship capital) because it is essentially infinitely scalable. The best example is the Google search engine but it is in every company. And, frankly, it is the way that even entrepreneurs can take their knowledge and turn it into great returns.
I would love to hear from others. What classifications system do you use? Do we need to come up with accepted standards?
© 2012 Created by Mary Adams.
