Thanks for your reply. Yes we do include intangibles in our offering...embedded all the way through but overtly up front in an audit process (intangible value audit) and in our value proposition..i.e We guide you to deal with complexity. It is our belief that business need to lift their level of thinking, clean up the power and politics that erode value and become systems thinkers in order to thrive in the future.
This was a fascinating beginning. Just hearing people's voices and seeing you in live time was quite exciting. I am sure that these global conversations will allow for many new connections and rekindle older ones.
My one suggestion is to send out a note before the session on how to participate. That might cut into the connection and feedback problems we had this time.
I also agree with the suggestion to develop a wiki to build a continuing and accessible record of what people are involved in. A real time community and an accessible wiki are important building blocks.
it was a nice gathering today on IC and am interested in IC Valuation to be taken up further. I am trying to locate from my notes two persons: 1. who said she had been doing micro - macro analysis of valuation of IC; 2. another who said Company as a whole valuation. I'm interested in the three variations. My interest in pursuing further would be based on the following premise from my theory:
1. IC must have a separate independent valuation taken away from a Balance Sheet that truly restricts its capability to a great extent, by its own merit with every componenet being measured.
2. You may recollect our discussion earlier on the report of WORKING PAPER NO. 01-15, WHAT IS THE US GROSS INVESTMENT IN INTANGIBLES? (AT LEAST) ONE TRILLION DOLLARS A YEAR! Leonard I. Nakamura Federal Reserve Bank of Philadelphia October 2001.
a. I am keen the investment on intangible is being collated to reflect the input-output of the investment and its status on online basis, on a national level.
b. In the same paper by Nakamura, you may remember the discussion on Creative Destruction. I am keen we co-relate the IC/IP to the limitation of this phenomena, as the current IC/IP has a restricted life by the future possibility of self-destruction, that gives the basis of valuation of the concerned IP.
If any of our members interested I am keen to interact further. I was expecting Dr. John Dumay to be present, possibly next time.