Outskirts Press, INC.

Mind IC Book Summary

The preponderance of a company’s equity value resides in its intellectual capital; most experts calculate this to be at 60-90 percent. Yet there is no discipline of study in the management of intellectual capital in most business schools throughout the world. And often, there is no cadre of business experts charged with leading the management of intellectual capital in enterprises today.

Mind IC: Notes on Intellectual Capital Management advances the notion that operating companies should make intellectual capital management a significant area of focus, as they do with human resources or finance and accounting or mergers and acquisitions. In other words, there should be a new enterprise function established that consists of business experts who consult on protecting and extracting intellectual capital value. Further, it proposes that this cadre of intellectual capital management experts provide consulting services in business policy, business process, business model strategy, transactions, standards, and rights valuation expertise to the strategic business units and support services groups within operating companies.

Most of the value of business today emanates from intellectual capital. Yet true practitioners of intellectual capital management are few and far between. In this guide, Bill Elkington is generous with his wisdom and experience honed over many years to help others master this art.
— Mary Adams,Founder, Smarter-Companies and Author of the book, Intangible Capital