In a knowledge based economy, factors such as time and labour are less important than the new paradigms of ideas and efficiency. Our ideas enable businesses to do more with less, leveraging intelligence and insight to create new ways of working.
The new capital that fuels the new economy is knowledge. How do you define that on a balance sheet? Capital is held in the heads of individuals and not in the pockets of rich industrialists. Capital is more mobile than it’s ever been before — and more fragile.
It’s a new world. Before and during the industrial revolution, there were clear winners: capitalists and landowners; and losers — the workers they exploited. From farms to mills, mines, factories and warehouses, most of human civilisation has been about physical assets and manual labour. But with the advent of a knowledge based economy, everything changed.
These days, true capital is held in the heads of individuals. It’s what we know, who we know and what we can do – our skills, expertise, insights, perception, our methods and our methodology. Time is no longer important. Knowledge is.
We help businesses understand where their knowledge-based assets reside and how to realise them to build a capital business.