A corporation exists in the form of a bits and bytes simulating a folder of papers in a virtual file cabinet. A corporation gets to deduct all of their expenses from their taxes. A corporation can borrow money. Corporation garner social respect. In fact, the cards are stacked in favor of the corporation over the worker. We teach our kids to be good employees, not to become good corporations.
Archive for the ‘Profit Engineering’ Category
Blockbuster Writes Their Own Obituary
Submitted by Dan March 10th, 2010 - 01:00. No Comments »
I’ll keep this post short because that’s about how long Blockbuster seems to want it.
They Are Saying Something New About Social Media, Finally
Submitted by Dan March 9th, 2010 - 01:00. No Comments »
Now, all of a sudden, a new idea is emerging…it’s barely an audible chirp, but it will become a tectonic rumble before long: Social Media is beginning to take on the characteristics of a Financial Instrument.
When Social Media Becomes a Science
Submitted by Dan March 8th, 2010 - 01:00. No Comments »
ay Deragon posted a series of articles recently on his Relationship Economy blog which I found especially exciting. As usual, Jay is bringing forward some very important ideas related to social media components and outcomes, but what really sets this new mindset apart is the fact that Jay is asking the same questions that have been plaguing scientists for 100 years.
Integration Nation
Submitted by Dan March 3rd, 2010 - 13:47. No Comments »
Then, out of the blue, the economy starts to disappear into thin air and nobody knows where all the “Market Value” has gone. Trying to “control the message” is like trying to control the temperature of the room by turning the thermostat with all the windows open. The Dollar is disappearing – but where is it disappearing to?
Social Media Power By The Hour
Submitted by Dan March 2nd, 2010 - 13:46. 2 Comments »
Making human knowledge and intentions tangible in a market place opens up the possibility of a whole new class of business plans. We call this Social Power by the Hour.
Humility R Us
Submitted by Dan February 27th, 2010 - 12:33. No Comments »
To understand why humility works in social media, we need to understand what humility is. If “Nice guys finish last,” is the mantra of the old world, then “The last will be first,” is the motto of the new.
What The Heck Is An Asset?
Submitted by Dan February 25th, 2010 - 17:25. No Comments »
To ignore the fact that all rational human behavior, intentions, decisions, reactions, conversations, relationships, education, ideology and every other state of human consciousness in a market, corporation, community, family, or social network ARE NOT characterized in the form of a quantity and a quality, is frankly, ignorant to ones market, irresponsible to one’s community, and incompetent to one’s profession.
The Valuation of Intangible Assets
Submitted by smarter companies February 25th, 2010 - 12:00. No Comments »
I was recently sent a copy of a new Statement on Management Accounting about Business Valuation (free but registration required) from the Institute of Management Accountants. But when I read the paper with my intangible capital hat on, I was struck by how much the accounting challenges of intangibles are limiting and, perhaps, distorting the work of valuation professionals. Here are a few thoughts:
It’s a great overview of the process used to value businesses. None of the information in the paper was a surprise to me. I learned …
Innovating Innovation
Submitted by Dan February 24th, 2010 - 18:14. No Comments »
For us, innovation can only be proportional to the rate of change of knowledge. Anything we can do to accelerate the exchange of knowledge between people ultimately results in innovation – all of our business plans are built on this notion, this is our passion.
