Harvard Business Review

JUNE 22, 2016

Manufacturers invest most of their capital into physical assets, while high-tech firms invest in R&D to create new intellectual capital. But all assets are not created equal, especially as the technological landscape changes. These assets are typically overlooked, undervalued, and under-managed.

Intangible Assets 14

Intangible Assets Business Model How To Intellectual Capital 14

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. We now look for verification before trusting a company.

Intangible Assets 8

Intangible Assets Reputation Bottom-up Brand 8

Harvard Business Review

OCTOBER 25, 2018

We focus on economic profit rather than revenue size, market share, or productivity growth because these other metrics risk including firms that are simply large and may not create economic value. Acquisitions, bold investment in intangible assets, and attracting talent can ultimately make the difference.

Industry 15

Industry Company GDP Bottom-up 15

Harvard Business Review

SEPTEMBER 16, 2016

Data contributes not only to brand equity, but to what constitutes product and service delivery in globally connected and hyper-competitive markets. Using the same formula, Apple’s intangible assets in 2014 were $280 billion — or almost twice the value of its 2015 calculation.

Intangible Assets 8

Intangible Assets Intellectual Capital Corporate Accountability Activity Based Costing 8

Harvard Business Review

SEPTEMBER 25, 2014

But while such information exchanges have become technically feasible, they are not yet financially beneficial to the information provider and difficult for the customer to value and incorporate into their management systems. The practice of management itself must evolve for this capability to emerge.

Company 10

Company Intangible Assets Information Self-aware 10

Harvard Business Review

FEBRUARY 7, 2014

And finally, highly reputed companies are more stable, which means they have higher market valuation and stock price over the long term and greater loyalty of their investors, which leads to less volatility. Health Risk management Sustainability' So why doesn’t every company do what CVS did? CVS, I hope, has shown us the future.

Reputation 10

Reputation Intangible Assets Competitive Advantage Long-term 10

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. Critically, short-term selling by shareholders need not entail short-term behavior by managers. She would sell her shares, pushing the stock price down.

Short-term 8

Short-term Intangible Assets Hedge Long-term 8

Harvard Business Review

FEBRUARY 26, 2018

In the 2016 book The End of Accounting , NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions. In a previous HBR article , we argued that, in contrast to physical assets that depreciate with use, intangible assets might enhance with use.

Company 8

Company Intangible Assets Depreciation IPO 8

Harvard Business Review

MAY 23, 2013

Richard Harvey, in earlier testimony, said that the company managed to avoid about $7.7 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. And yet legal scholar J.

Intangible Assets 10

Intangible Assets Incentives System GAAP 10

Harvard Business Review

SEPTEMBER 25, 2014

But while such information exchanges have become technically feasible, they are not yet financially beneficial to the information provider and difficult for the customer to value and incorporate into their management systems. The practice of management itself must evolve for this capability to emerge.

Company 8

Company Intangible Assets Self-aware Diversity 8

Harvard Business Review

OCTOBER 24, 2016

In September 2016 we undertook a survey of nearly 300 endowment and foundation managers. This disconnect is a major problem for the continuing development of efficient capital markets. Collectively, the world’s investment giants hold in excess of $70 trillion in assets, which represents the bulk of investable capital globally.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Harvard Business Review

NOVEMBER 19, 2018

“How long does it take for her to interact with a market that isn’t nearly monopolized?” have grown more concentrated in the past 20 years, meaning that the biggest firms in the industry are capturing a greater share of the market than they used to. What’s Driving Industry Concentration. IT Does Matter.

Software 8

Software Company Competitive Advantage Henderson 8

Harvard Business Review

SEPTEMBER 29, 2016

The companies that provide those services and enable us to share what we have (insights, relationships, assets) with others not only are valued more highly by investors but also are relatively asset-light themselves. This is quite a shift. On the top right are creators; this is where the most value is being created these days.

Company 8

Company Intangible Assets Business Model Supply Chain 8

Harvard Business Review

JULY 3, 2015

Through co-creation, companies can access a deep well of customer capabilities, knowledge and assets. Although the Net Promoter Score (NPS) is a market standard, customer promotion alone can’t sustain a co-creation model. Example: Carol owns a small business and needs a customer relationship management (CRM) platform.

CRM 8

CRM Brand Business Model Intangible Assets 8

Harvard Business Review

SEPTEMBER 4, 2012

With interest rates at historic lows, market volatility, political uncertainty, the European crisis, severe commodity price fluctuations, and other unpredictable market conditions, corporate brands and executives have been understandably inclined to sit on the sidelines. But history shows that cash cannot sit idle indefinitely.

Intangible Assets 8

Intangible Assets Venture Capitalist White Paper Real Estate 8