The Wealth of Knowledge: Intellectual Capital and the Twenty-first Century Organization
by Thomas A. Stewart
I am really looking forward to this book. Intellectual Capital was a breakthrough book, easy to read but astounding in its power. At first, the title intimidated me. How wrong could I be. Figures that a lucid Fortune reporter would write something quite understandable.
Hammering obsolete accounting for the nonsense it is, he points out that, "Management also has no place in traditional economics--economists simply leave it out, as if all management is the same and ocunts for nothing." (Bravo!)
Regarding fads, "Too often, companies lurched into knowledge management, e-commerce, and other Information Age management ideas before they had business reasons for their actions."
"It is time, once and for all, to drive a stake through the heart of traditional accounting, which is draining the life from business."
That's a journey I want to be part of.
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