To Understand Risk, First Understand Your IC

August 10, 2011 by · Comments Off 

Today, 80% of the value of the average company is intangible. A lot of time is spent talking in the IC community about managing and measuring this value. But not enough time is devoted to managing the risk in intangibles.  Based on my conversations with risk management professionals, not enough attention is paid to intangible risks. So this month, I’ll be digging in on this issue. Read more

Are Managers Even Necessary?

September 27, 2010 by · Comments Off 

Do knowledge workers need to be “managed?” Many will tell you no. This view says that if workers are smart enough to be “knowledge workers,” then they are smart enough to organize themselves. This thinking is also consistent with the view of networks as living organisms capable of self-organization.

There are a few interesting examples of a “leaderless” approach to management. One is the Orpheus Chamber Orchestra, which has no conductor and fills all other leadership roles on a rotating basis. Another example was Ternary Software, a small development shop that was run democratically from 2001 to 2006 through consensus (one of the founders has since left the company to productize and evangelize this management approach). Read more

Thoughts on the Shift to the Knowledge Economy

February 2, 2010 by · Comments Off 

I had a great time last week with the Association for Strategic Planning in Boston. I shared with the group a summary of the shift to the knowledge era and then led them in an exercise to talk about the significance of this shift to business.  Having been involved with ASP and well as the Institute of Management Consultants (IMCNE), I told the organizers that I wanted to avoid being a talking head–but rather to engage the group in a conversation. And it worked really well!

The group was great. It included consultants and corporates as well as grad students and professors from Suffolk University’s business school (our hosts). Read more