Harvard Business Review

JUNE 16, 2011

Interestingly, intangible assets are all the rage these days on Wall Street. Most intangible assets are real but invisible, and the most important invisible ability is the ability (or, perhaps better said, the probability) to collaborate. So, the question is: What are the most critical intangible assets in your company?

Intangible Assets 15

Intangible Assets Analysis Pharmaceuticals Innovation 15

Leading Blog

JANUARY 27, 2012

Frank Sonnenberg makes the case in Managing with a Conscience , that the only sustainable way to succeed is the right way—not cutting corners—emphasizing the intangibles like trust, creativity, focus, speed, flexibility, relationships, loyalty, and employee commitment.

Management 285

Management Intangible Assets Critical Success Factor Open-book 285

Six Disciplines

FEBRUARY 21, 2014

There is still a whole notion of focusing on tangible assets and their impact on the bottom line, rather than the intangible assets, which are people. Change initiatives typically devote most budgets to structural issues such as technology and processes, not staff issues. Organizations don''t adapt to change; their people do.

Intangible Assets 95

Intangible Assets How To Human Resources Budgeting 95

Strategy Driven

JUNE 21, 2021

Assets here can be current or non-current assets , and they include everything that the startup owns within a given period. Assets can be tangible, which refers to those assets that can be seen and touched like properties. A startup can also have intangible assets that you cannot feel or touch, like goodwill.

Intangible Assets 98

Intangible Assets Document How To Reference 98

Strategy Driven

APRIL 4, 2013

Recommended Resource – Strategy Maps: Converting Intangible Assets into Tangible Outcomes. Recommended Resources – An Interview with Jon Katzenbach and Zia Khan, authors of Leading Outside the Lines. Recommended Resources – The Oracle Speaks. Recommended Resources – The Pause Principle.

Resources 50

Resources Strategy Intangible Assets Strategic Planning 50

Great Leadership By Dan

SEPTEMBER 7, 2011

These results can be, in my experience, best conceived as a progression of outcomes moving from intangible assets to tangible outcomes. All of these take place within an environmental context that includes the financial markets, the economy, competition, labor markets, regulatory environments, and other environmental factors.

Leadership 230

Leadership Intangible Assets Human Capital Organizational Behavior 230

Harvard Business Review

DECEMBER 21, 2016

Today, the majority of market value is made up of intangible assets (networks, platforms, intellectual property, customer relationships, big data) more than physical assets. In fact, it’s not even close: intangible assets make up over 80% of the S&P 500’s market value — a complete reversal from 1975.

Intangible Assets 8

Intangible Assets Business Model GAAP Budgeting 8

Frank Sonnenberg Online

MAY 25, 2021

It’s so easy to lose sight of the things that you can’t see. There is a tendency to believe that if something cannot be quantified, it does not exist.

Reputation 137

Reputation Intangible Assets Learning-by-Doing Blog 137

Harvard Business Review

NOVEMBER 18, 2016

What we asked people was, at this point in their lives, are they actively building, maintaining, or depleting their tangible and intangible assets? Actively building both tangible and intangible assets is crucial to creating a long and productive working life. Over 10,000 people completed it.

Intangible Assets 8

Intangible Assets Self-aware Reputation Mentor 8

Harvard Business Review

SEPTEMBER 23, 2015

Decades ago, a company’s market value was nearly equivalent to its tangible assets—buildings, machinery, materials, financial capital, and so on. In 1975 intangible assets were just 17% of the market value of the S&P 500.

Intangible Assets 8

Intangible Assets Reputation Bottom-up Brand 8

Harvard Business Review

SEPTEMBER 16, 2016

For example, at the end of its 2015 fiscal year, Apple’s balance sheet stated tangible assets of $290 billion as a contribution to its annual revenues, with approximately $141 billion worth of intangible assets — a combination of intellectual capital, brand equity, and (investor and consumer) goodwill.

Intangible Assets 8

Intangible Assets Intellectual Capital Corporate Accountability Activity Based Costing 8

Harvard Business Review

FEBRUARY 26, 2018

In a previous HBR article , we argued that, in contrast to physical assets that depreciate with use, intangible assets might enhance with use. So the fundamental idea behind the success of digital companies (the increasing returns to scale) goes against a basic tenet of financial accounting (assets depreciate with use).

Company 8

Company Intangible Assets Depreciation IPO 8

Harvard Business Review

JULY 18, 2017

An informed shareholder, who looks beyond earnings numbers and analyzes the company’s intangible assets, would notice that the firm has mortgaged its future. Gathering information on a firm’s intangible assets is costly, and so not worth doing if you own only a tiny bit of stock in a company.

Short-term 8

Short-term Intangible Assets Hedge Long-term 8

Harvard Business Review

AUGUST 27, 2018

Digital firms are as valuable for their intangible capital as were the 20 th century firms for their land, building, and factories. Hence, successful digital firms, even if incurring losses, prove attractive acquisition targets for firms that create value by mixing and matching acquired intangible assets with their own.

IPO 11

IPO Company First-mover Advantage Intangible Assets 11

Harvard Business Review

OCTOBER 25, 2018

Acquisitions, bold investment in intangible assets, and attracting talent can ultimately make the difference. Productivity can help; but it is not enough to achieve superstardom. Being in the right sector and geography can help; but this too can be overcome.

Industry 13

Industry Company GDP Bottom-up 13

Harvard Business Review

SEPTEMBER 28, 2015

.” Value investors like Graham and Buffett believe that the sources of sustainable returns on capital are not a company’s human assets but their so-called “economic moats,” structural, durable competitive advantages around revenues or costs.

Stage-Gate 8

Stage-Gate Kaplan Intangible Assets Competitive Advantage 8

Harvard Business Review

APRIL 7, 2014

(Tobin’s q is the ratio between a company’s market capitalization and the replacement cost of its tangible assets, with a higher ratio indicating that a company has more intangible assets such as patents, brands, leadership etc., and is likely to grow more in the future than one with a lower Tobin’s q.) . during recessions.

First-mover Advantage 10

First-mover Advantage Intangible Assets Sample Metrics 10

Harvard Business Review

SEPTEMBER 19, 2018

These meetings allowed for the exchange of important information about the business model, intangible assets, future prospects, and more.

Banking 8

Banking Entrepreneur Finance Intangible Assets 8

Harvard Business Review

NOVEMBER 29, 2010

The Balanced Scorecard's primary form of novelty is that it takes into account the intangible assets that are so crucial for information-age companies. Created by Robert Kaplan and David Norton in the 1990s, this system for assessing organizational performance builds on, but goes way beyond, traditional accounting methods.

Creative Accounting 15

Creative Accounting Creativity GAAP Balanced Scorecard 15

Harvard Business Review

JUNE 22, 2016

Begin with the easy things that you have always tracked — and physical assets such as plant, property, and equipment.

Intangible Assets 10

Intangible Assets Business Model How To Intellectual Capital 10

Harvard Business Review

OCTOBER 25, 2011

Even accounting rules specifically dealing with reputation — goodwill and intangible assets — are subject to frequent rule changes and endless debate. Our system of financial accounting rewards quarterly profits, but struggles mightily to place a value on ethical behavior.

Intangible Assets 13

Intangible Assets Ethics Short-term Reputation 13

Harvard Business Review

OCTOBER 24, 2016

Third, invest-tech that can mine social media and other “semantic” data streams is enabling sharper evaluation of companies’ intangible assets, such as customer loyalty and brand reputation.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

SEPTEMBER 29, 2016

The health technology and technology services industries are creating highly scalable, and highly desirable, intangible assets. On the top right are creators; this is where the most value is being created these days. Thus, they have low PPE but high multiples.

Company 8

Company Intangible Assets Business Model Supply Chain 8

Harvard Business Review

JULY 6, 2017

They determine what material and intangible means of disease and trauma prevention, diagnosis, and treatment are needed for each mission. Medicines, instruments, consumables, and exercise devices belong to material assets; intangible assets involve medical expertise on board and on the ground, processes, procedures, and protocols.

Intangible Assets 11

Intangible Assets Operations Health Care Conference 11

Harvard Business Review

NOVEMBER 7, 2013

In doing so, they systematically undervalue their own intangible assets. In the strange new world of better and cheaper innovation, every industry will experience similar transformations. Yet most executives, in our experience, underestimate the potential of digital disruptors. Why not start now to get to know them better?

Disruptive Innovation 8

Disruptive Innovation Intangible Assets Retail Innovation 8

Harvard Business Review

JULY 29, 2014

In the early 1980’s, sixty percent of corporate value creation emanated from the optimization of tangible assets. Today, we live in an era where 85 percent of value creation stems from brand, intellectual property, and people — all intangible assets. The CHRO must step up to the implications of the new world of work.

CFO 12

CFO Charan Intangible Assets Human Resources 12

Harvard Business Review

SEPTEMBER 25, 2014

The ultimate goal is to treat information as a tangible flow rather than an intangible asset stuck on the balance sheet. Financial arrangements have to evolve to handle pricing and payments for value based on possible futures. The future is already here, it’s just unevenly distributed.”

Company 8

Company Intangible Assets Information Self-aware 8

Harvard Business Review

SEPTEMBER 25, 2014

The ultimate goal is to treat information as a tangible flow rather than an intangible asset stuck on the balance sheet. Financial arrangements have to evolve to handle pricing and payments for value based on possible futures. “The future is already here, it’s just unevenly distributed.”

Company 8

Company Intangible Assets Self-aware Diversity 8

Harvard Business Review

FEBRUARY 7, 2014

Because senior managers tend to focus on the short-term operational and financial aspects of their companies rather than the intangible assets that are worth so much more. So why doesn’t every company do what CVS did?

Reputation 8

Reputation Intangible Assets Competitive Advantage Long-term 8

Harvard Business Review

MAY 23, 2013

Second, the rise of intangible assets, like patents and widgets, means that transfer pricing issues become central, and so high tax rates become more untenable as they increase the incentives to be aggressive. In particular, tax rates and systems that are out of step with the rest of the world become increasingly problematic.

Intangible Assets 8

Intangible Assets Incentives System GAAP 8

Harvard Business Review

SEPTEMBER 15, 2017

Since these shareholders have “skin in the game”, they have the incentive to look beyond earnings and instead look to a company’s long-term growth opportunities and intangible assets.

Short-term 8

Short-term Long-term Intangible Assets Rate of Return 8

Strategy Driven

JULY 28, 2019

However, there is an intangible asset that is very difficult to quantify — but without it you cannot ultimately succeed. This asset is, of course, alignment. As a leader, you are constantly trying to maximize the magical effort to effectiveness equation (a.k.a. efficiency).

Agility 62

Agility P&L Intangible Assets Team 62

Harvard Business Review

JULY 3, 2015

Identify the characteristics of your key customer groups, including their level of engagement, their unmet needs, and any tangible or intangible assets that could be leveraged in a co-creative relationship. Evaluate your leadership team’s openness to co-creation as well.

CRM 8

CRM Brand Business Model Intangible Assets 8

Harvard Business Review

JUNE 27, 2016

Just lengthening that second stage of full-time work may secure the financial assets needed for a 100-year life, but such relentless work will inevitably deplete precious intangible assets such as productive skills, vitality, happiness, and friendship. The same is true for education.

Intangible Assets 11

Intangible Assets Career Education Self-aware 11

Harvard Business Review

SEPTEMBER 4, 2012

Second, for small and rapid-growth technology companies, the problem is compounded by the fact that, while rich in intangible assets, they typically lack the kind of collateral (equipment, inventory, real estate, etc.) banks require to secure commercial loans.

Intangible Assets 8

Intangible Assets Venture Capitalist White Paper Real Estate 8

Harvard Business Review

DECEMBER 11, 2017

corporations to accumulate assets in those affiliates (now estimated at $2.6 The legislation would replace the tax on profits that are repatriated with a low-rate tax on annual profits attributable to the intangible assets of their foreign affiliates, impose a one-time transition tax on the stock of accrued foreign profits of U.S.

Company 9

Company Intangible Assets Incentives Insurance 9

Harvard Business Review

NOVEMBER 21, 2013

These choices are strategic, and a company must think about the broader picture too of the overall intangible assets your company possesses. The different forms of protection should be understood as an asset portfolio – you might want to diversify and spread your risk.

Intangible Assets 8

Intangible Assets Merchandising Innovation Pharmaceuticals 8