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Wednesday, July 16, 2008

Intellectual Capital/Stewart 124-130

129 ...new building blocks of structural capital--patents, product and process improvements, databases, networks--can remodel or replace the old architecture.

130 Those who learn to take advantage of this increasing amount of information economically will be much more successful.

Information overload is all-too-real phenomenon that points to an important challenge in managing intellectual capital.

Passion for the value of intellectual capital should not come at the expense of basic principals of management. A business person must strive unendingly to use assets more efficiently, get more out of them, make do with less. Assets that are unused are a drag on performance. If physical exams followed generally accepted accounting principles, fat would be counted among a body's assets.

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