"Peter - You bring up a lot of good points.
When I talk about the risks in outsourcing, I really am trying to get people to think long term. Cost alone is a bad reason to outsource. Studies in the IT space show that the net cost savings…"
Reshaping business and the world by leveraging knowledge intangibles
Peter Spence's Groups
Peter Spence's Discussions
Outsourcing without collaboration – Potential for leakage of intangible capital?
Started Apr 23 0 Replies 0 Likes
I seem to recall that some time ago, Mary Adams referred to the potential long term costs (risks) associated with outsourcing. At the time I questioned this concern, yet upon further reflection,…Continue
Tags: Capital, Intangible, Collaboration, Outsourcing
Outsourcing without collaboration – Potential for leakage of intangible capital?
Started this discussion. Last reply by Mary Adams Apr 28. 1 Reply 0 Likes
I seem to recall that some time ago, Mary Adams referred to the potential long term costs (risks) associated with outsourcing. At the time I questioned this concern, yet upon further reflection,…Continue
Tags: Capital, Intangible, Collaboration, Outsourcing
Convergence of Human and Relationship Capital
Started this discussion. Last reply by Peter Spence Oct 13, 2011. 6 Replies 0 Likes
I would like to share my concerns that appear to challenge the contemporary view and coding of Relationship capital as an external category or element of IC – and invite critique/further discussion…Continue
Tags: Strategy, Convergence, Emerging, Human, Capital
Peter Spence's Page
Latest Activity
Peter Spence liked Waltraut Ritter's blog post The Thai Flood Crisis: An Intellectual Capital Perspective
Peter Spence left a comment for Richard Dealtry"Hello Richard,
Welcome to the IC Knowledge Center - looking forward to learning more from you re the Corporate University movement and contribution toward IC
Kind Regards
Peter"
Peter Spence is attending Mary Adams's event
IC Practitioners Series - IC Audits and a Bigger Picture for IC & KM? at Not really all day...Check the time in your time zone and join us on the web - Click on the event title to RSVP now and receive log-in info the day before the event
April 10, 2012 all day
PLEASE DOUBLE CHECK THE TIME IN YOUR AREA! The time for this meeting is GMT 13:00-14:00. Click here for the correct time in your time zone. PLEASE NOTE THAT THE TIME CHANGED (the call is now back to 9 AM EST in Boston)!!The program will include:Are we overlooking the external/relational aspects of IC & KM? …See More
Peter Spence replied to Mary Adams's discussion Collaborative IC projects via the ICKC?"No thoughts on collaborative IC projects?"
Peter Spence is attending Mary Adams's eventIC Practitioners Series - IC in M&A and Protecting the Crown Jewels at Not really all day...Check the time in your time zone and join us on the web - Click on the event title to RSVP now and receive log-in info the day before the event
March 13, 2012 all day
PLEASE DOUBLE CHECK THE TIME IN YOUR AREA! The time for this meeting is GMT 13:00-14:00. Click here for the correct time in your time zone. PLEASE NOTE THAT THE TIME CHANGED (the call is now back to 9 AM EST in Boston)!!The March program will include:Leveraging Intellectual Capital in Post-Acquisition Integrations by …See More
"Peter - The What Works in IC is now a formal academic study. We would love to have your story in the study.
To do this, just go the What Works in IC and click START SURVEY at the end of the text box.
Thanks! Mary"
Peter Spence left a comment for Bruno Hoyer"Hello Bruno,
Thank you for your comments, advice and direction to the European Digital Agenda for Europe site – the development is quite positive and exciting. As an aside, I noted with interest Action 14 of the list of planned actions…"
Bruno Hoyer left a comment for Peter Spence"Hello Peter,
Thank you very much for your interest shown in my work and your comments. As Leif pointed out the report has been written in the special context of European Commission's 101 actions of the Digital Agenda for Europe. These actions…"
Leif Edvinsson left a comment for Peter Spence"Hello Peter, thank you for insightful comment. And the report has a special context, written for the Digital Agenda of Europe. I will ask Bruno Hoyer to comment, then at EC, now at European Dev Bank. The leverage is of combining Human Captial,…"
Profile Information
- What is your interest in IC?
- Current research into Negotiation training and collaborative enterprise - recently aware of IC via review of work of Mary Adams, and aso Verna Alle's VNA - identified strong links to key areas of my research i.e. identifying, developing and/or maximising key areas of value in collaborative forms; relevance to the 'knowledge economy'; unlocking/converting the value of IC via negotiation. I look forward to learning more from the IC Knowlege Centre members and sharing insghts, ideas etc.
- For you, what is the definition of IC?
- Capital that falls outside the traditional concept of tangible capital - often hidden capital made up of intangibles such as Human Capital, Relationship Capital (branding, external partners, customers etc) and structural (including explicit knowledge) capital - it is the often 'hidden' capital with vastly more scalable qualities than fixed/limited tangible capital
- How does IC relate to your work?
- I constantly work toward scaling up my organisation's intangible capital and therefor capacity through development of collaborative/networked relationsips and strong focus upon knowledge management and supporting structural capital - the low costs of delivering high value. I also incorporate IC into my research and consulting work
- Where can we learn more about you on the web? (LinkedIn, Facebook, Website (you can add more later on your profile page)
- http://www.spans.com.au
Owner/Principal at Strategic Planning and Negotiation Services (SPANS: Coaching, advisory, training consultancy) - SPANS Website: http://www.spans.com.au
CEO of Mid North Coast (NSW) Division of General Practice Ltd (NGO, NFP Primary Care organisation) - past
Strong professional/research interest in the development of Negotiation and Collaboration as core organisational competencies - focus upon organisational behaviour and development, collaborative networks, network analysis, collaborative advantage.
Professional background, experience and qualifications in:
Investigations (Practitioner, supervisor, Investigations course development/teaching)
Business Communications; Human Resource Development; Human Relations
Negotiation (teaching, research, high risk negotiator, negotations consultant, coach, team
leader)
Management/leadership in emergency management/disaster response
Project Management
Business Development
Organisational Behaviour
Established the SPANS Negotiations Forum (LinkedIn), a network group dedicated to forming a community of practice of international negotiation experts, organizations and learning institutions for the purpose of developing and sharing in the research, practice and theory of negotiation. This global forum includes many leading international practitioners, researchers and teachers in the field of negotiation.
Comment Wall (5 comments)
- At 4:05am on January 27, 2012, Bruno Hoyer said…
Hello Peter,
Thank you very much for your interest shown in my work and your comments. As Leif pointed out the report has been written in the special context of European Commission's 101 actions of the Digital Agenda for Europe. These actions address societal digitalization in seven key areas such as ICT addressing Societal Changelles, Research and Innovation or interoperability and standardisation (to learn more visit http://ec.europa.eu/information_society/digital-agenda/index_en.htm).
With regards to your comments, yes indeed the main theme of the paper is the collaboration to boost innovation. In particular the reports combines policy with the open/societal innovation paradigm and IC. Thereby Societal Innovation ecosystems are regarded as structural capital - the innovation management approach. This refers to methods how to manage innovationn but at the same time how to organise innovation ecosystems in a real world (living labs) or digital world (crowdsouring, web 2.0, user centric innovation, end-user community innovation might be some buzz words around this).
Thereby the report does not underestimates the role of social capital, but actually subscribes to it a very special role in its importance to avoid structural holes. As all innovation ecosystem architectures are of no use if they cannot rely on strong human capital. Thus the main argument is here that by combining policy, societal innovation ecosystem architecture approach and IC, this will lead to an open platform approach to manage and enable human capital and social capital to create relational capital more efficiently and thereby boost the implementation of policy in this case the 101 actions of the Digtial Agenda for Europe.
I hope this has been of help.
Bruno
- At 5:30am on January 26, 2012, Leif Edvinsson said…
Hello Peter, thank you for insightful comment. And the report has a special context, written for the Digital Agenda of Europe. I will ask Bruno Hoyer to comment, then at EC, now at European Dev Bank. The leverage is of combining Human Captial, Relational Capital and Organizational Capital into a holistic turbo or IC multiplier impact....Then we might see next generation of Facebook, as part of the e-merging Digital Relational Capital?
- At 12:19pm on November 28, 2010,
Dr John Dumay said… - Hi Peter,
In my experience accountants and IC practitioners are disconnected of things. Most accountants don't understand IC and many IC practitioners (especially those who call themselves KM practitioners) don't understand accounting. Those who understand both try to account for intangibles. On the other hand, a few practitioners, like me, believe we should concentrate on mobilising intangible resources (including knowledge) to create utility, social and monetary value (it's not all about money). It then becomes a matter of adapting and linking the system for measuring IC to how you are mobilising IC. If, for example, the goal is to create monetary value, then you can create a system converting the cost of mobilising IC into cost savings and or revenue. The key: mobilising IC first and measuring IC after.
Dr John Dumay
- At 2:27pm on May 15, 2010,
Mary Adams said…
- Welcome Peter. Do you have a website? You can add info into the text box on your profile page.
- At 9:24am on May 15, 2010,
Michael D. Moberly said… - Peter:
Your profile certainly represents some interesting work/interests. I look forward to learning more, particularly 'negotiation training and collaborative enterprise'.
Most respectfully,
Mike Moberly
http://kpstrat.com/blog (Business IP and Intangible Asset Blog)
© 2012 Created by Mary Adams.
