Where are the gray suited diplomats holding each others forearms against a world map backdrop vowing to correct the world’s innovation system? Where are the politicians joining across party lines about how to inject 700 billion dollars to fix the nation’s innovation system? When will the Federal Reserve Chairman find the flaw in our national [...]
In order to restructure our financial system; we first need to restructure our innovation system. ALL of the top ten reasons for business failure are due to a lack of knowledge, not a lack of money.
Top 10 reasons why businesses fail:
1. Lack of an adequate, viable business plan
2. Insufficient sales to sustain business
3. Poor marketing [...]
It is very interesting to watch Social Media follow familiar trajectories as earlier paradigms in finance. I see many social media platforms struggling to make human knowledge tangible in their respective markets. The challenge is so simple, yet so complex. Let the litmus test for knowledge tangibility be as follows; “Can you buy groceries with [...]
In order for knowledge to become a tangible asset, we need to come to grips with the fact that human knowledge is fluid and mobile, whereas a condo or a piece of machinery is static. A machine can’t walk away if it does not like their management.
With knowledge assets, the typical “Return on Investment” (ROI) [...]
Knowledge Tangibility should be the most important conversation in Social Media circles given the current financial situation in America.
I lived through financial devaluation in another country and the effects were crushing: after the run on the banks, there will be a run on Walmart. People will buy TVs, small appliances, shoes, and useful stuff that [...]