Reshaping business and the world by leveraging knowledge intangibles
What is IC?
Here's the definition we have been using in our "About" section:
IC is the unique set of knowledge assets held by a person or a group (a team, an organization, a corporation, a city, a
state, a nation). Today roughly 70% of the average company's value
and performance is attributable to IC.
What does the "I" stand for? Depends on whom you ask. Some use it as "Intangible" or "Intellectual" or even "Innovation."
In all cases, the focus in on the knowledge that is the critical
driver of growth and innovation in the 21st Century.
What does the "C" stand for? Usually is stands for "Capital" as in wealth, as in assets, as in productive capacity and value.
What makes up IC? Most people use the following three or four categories of assets:
- Human Capital: the competencies, experience and knowledge of people
- Relationship Capital: the shared knowledge and understanding of networks of people or groups
- Structural Capital: the knowledge captured in the form of databases, processes, documents, IT systems and intellectual property (patents, trademarks, trade secrets and copyrights)
- Strategic Capital: how the prior three kinds of capital are combined to solve a problem for a customer or a stakeholder
The future of business is in learning to measure, manage and leverage IC for profit and the greater good.
What do you think? Do you use this definition? If so, what do you like about it? If not, what do you prefer and why?
Tags: IC, capital, definition, intangible, intellectual
Views: 9
Replies to This Discussion
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Permalink Reply by Sedat Ozcelik on -
Hi Mary,
It is human nature to compare everything. to the IC and the knowledge should be tangible. With the Seneca system, it is possible that action to reify knowledge of the cultures.
The IC can only express a culture, organization or person to fairs and the value monetarily.
The basis for IC is the knowledge and know not of knowledge in the sum.
then it becomes easier for the beginner to apply it all in practice.
Cheers
Sedat
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Permalink Reply by Galen McPherson on -
Vielleicht I kann auf Deutsch... I moechte gern Seneca sehen denn ich kann besser verstehen, aber ich kann nicht registieren; koennte ich in Mitarbeiter Benutzengruppe registieren mit Sie
please pardon the poor German, and thank you for your response
Sedat Ozcelik said:ahhh, so you mean it, they can get an access to an introduction, seminar or training for the roles of their tasks or goals!
Only if your goal is defined and industry you can do it reproduce it, without self-introduction into the system will only confuse you. there are thousands of modules available that are relevant to them, is interested in introducing only the clear
We both like to do so may at times an online introduction, etc., in different roles and different processes
Sedat
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Permalink Reply by Sedat Ozcelik on
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Hi,
you underestimate the extent of seneca, but the election, what is your role to
wishes to access depends on the goal.
Believe me, without instruction, it is impossible to fulfill your wish.
Joris is in your contacts ask him.
I like to go with you tool in the system with a team viewer, so I make you one. About Skype we can talk simultaneously.
what do you want to see, human, structural, or relational, capital investigation or All?
or the whole
Cheers
Sedat
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Permalink Reply by Galen McPherson on
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Thank you for your kind response; I would like to have a complete overview of the Seneca system, so that I can understand what it can do, and as you say, what it cannot [since I have overestimated its extent]; in working to begin the challenge of, as Joris says, "measuring the immeasurable", I try to be aware of all the different systems and their approaches; let me know what day and time would be convenient for you and me [and possibly Joris] to arrange a Skype meeting, and I will move my calendar to accommodate you
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Permalink Reply by Sedat Ozcelik on
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Yes, very much.
they tell me when it suits them best.
A note: a few hours they need to budget to get over the depth and range of opportunities for insight.
Cheers
Sedat
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