Knowledge Assets Professional's Guide to Valuation and Financial Management
Editorial Reviews
Book Description
This book is a practical guide to an investment-oriented approach to the valuation of knowledge management (KM) strategies and projects. It is not a how-to book on the accounting, appraisal-oriented, or intellectual capital approaches to the valuation of intangible assets. Instead, it focuses on how best to leverage knowledge assets to create real economic value. Most managers are interested in results. This book shows how to demonstrate those results by driving knowledge assets more directly and visibly into the financial statements of the organization.
The purpose of the book is to provide a rigorous financial framework for analyzing the value that can be created and protected by investing in the knowledge assets of an organization. The valuation methodology presented in this book provides the tools you need to get the most from your firm's investment in knowledge management. Specifically, we will combine selected tools from value-based management and financial economics with proven and unique models from knowledge management to create a method for valuing knowledge strategies, KM programs, and specific KM projects.
The book is written in four parts. Part I focuses on essential background material in knowledge management, finance, economics, and organizational theory. Part II uses the background material to develop a formal treatment of knowledge management and the KM valuation methodology. In Part III, the KM methodology is applied to over a dozen real-world valuation challenges in knowledge products, intellectual property, and knowledge work. Even though we use our own firm as an extended case study, care is taken to show how the examples we give (e.g., knowledge products and services, corporate libraries, communities of practices, enterprise-wide knowledge sharing systems, and patents) can be generalized and applied to other types of businesses. Part IV focuses on active research challenges in knowledge management and KM valuation.
Book Info
Discusses how to leverage knowledge assets to create real economic value, drive the value of knowledge assets visibly into financial statements, create hard numbers using simple spreadsheets and formulas and align customer, employee, and shareholder interests. Softcover. CD-ROM included.
Knowledge Assets Professional's Guide to Valuation and Financial Management
Knowledge Assets Professional's Guide to Valuation and Financial Management,Mark K. Clare,Arthur W. Detore,Aspen Publishers,0156070006,Business & Economics,Business / Economics / Finance,Business/Economics,Finance,Intellectual capital,Intellectual property,Knowledge management,Management,Management - General,Managerial Finance,Valuation
English Books:
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