Monday, September 13, 2010
Strategic Assets
I think every company should always treat knowledge assets an a threat, because the more knowledgeable you are within your organization; allows for greater success or growth. The law of increasing returns states if your inputs are always equal, but your outputs are steadily increasing proves that knowledge is one of the main key ingredients for growth. If organizations didn't value knowledge assets, then the law of diminishing returns would eventually put the organization out of business due to reaching their max, to then to regress based on a knowledge plateau. As an organizations knowledge assets grow or enhance, so will their revenues. That's why organizations should always value knowledge as one of their main assets.
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