Reformed billable professional

Reformed accountant – The Soul of Enterprise brings me full circle to that first sitting of reading Gilder’s penetrating insights. It is a journey that illuminates the opportunity cost of the accounting career I chose, which was the road not taken that of the...

The source of all wealth

The source of all wealth -We know that the source of wealth is something specifically human: knowledge. If we apply knowledge to tasks that we already know how to do, we call it productivity. If we apply knowledge to tasks that are new and different, we call it...

Where real wealth resides

Ideas and real value – the power of an idea and this is one of the most possibly counter- intuitive points that economists have been making for centuries, is that real wealth does not reside in physical things. It resides in imagination, creativity, innovation,...

Intellectual Capital is means to profit

Intellectual capital is means to profit – Intellectual capital is knowledge that can be converted into profit. It’s the interdependence of these three types of intellectual capital that can really create some serious wealth for your customers. And only one of...

Knowledge workers are volunteers

Knowledge workers are volunteers – The other point that Drucker made about knowledge  is the balance of economic power has shifted, organizations need them more than the knowledge workers need the organizations, because obviously these people have 80% of the...