The Blind Leading the Blind


Although many consultancies have a public commitment to learning from, and sharing, best practice, this has not stopped some of them, and those who use their services, from jumping at techniques such as re-engineering as if they represent a revelation. This is as if we are into begging, stealing and borrowing like there is no tomorrow.

Mindless copying can result in the spread of panaceas, hype  and misunderstanding, and gives added momentum to the latest craze. While it may be good news for those who ride bandwagon, it is not so hot for those whose toes get in the way.

When external suppliers, such as consultants, do get hold of  a best practice gem, their motivation is often to spread it around their client base as soon as possible. Thus the corporation’s competitive edge can quickly become industry commonplace

Some consultants receive as good as they give. Companies invite various experts to pitch for business and then do it themselves, using the best of the various ideas they have picked up. The learning organization is a voracious and insatiable plunderer and consumer of intellectual capital.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please contact Asif J. Mir.

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Information and Knowledge-based products


As the know how proportion of goods and services continues to rise, the economy is increasingly knowledge-based. Consider the opportunities open to you to make money by packaging and selling information and knowledge. Entrepreneurs need to understand how to access, share, work with and exploit information. Its use should result in the development and application of knowledge and understanding that creates intellectual capital and value for customers.

So much information is available in a variety of formats that busy people are overloaded. Much of it is dated and not relevant to contemporary priorities and concerns. There are therefore unprecedented opportunities to help people cope with the flow. Information needs to be sifted, screened and sorted — to be presented in ways that make it easier to absorb and understand. Increasingly, people demand tailored selections of information relevant to particular requirements, issues and decisions.

Emerging technologies represent additional channels of communication that can be very effective at reaching tightly defined target groups whose members are widely scattered. Enterprising individuals have already successfully launched many information and knowledge-based services.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please contact Asif J. Mir.

Putting In and Taking Out


Relationships between individuals and organizations involve a precarious balance between putting in and taking out. Individuals who give a lot and receive little in return become disgruntled and disaffected. They switch off and move on. Considerable effort may be devoted to keeping valued people on board. However, there are also many cases of people taking out much more than they put in. Managers play games, pursue fads, and engage in activities to increase their own visibility while adding momentum to their own careers rather than building shareholder value.

The supply of fresh know-how is sometimes taken for granted. If too much is drawn from the knowledge well and insufficient effort is applied to replenishing the flow of new intellectual capital, the well may run dry.

A business can grow and develop only if its employees put in as well as take out. A balance needs to be struck between individualism and collectivism, but also between taking out and putting in. My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please contact Asif J. Mir.

Managing Intellectual Capital


The more effective creation and exploitation of intellectual assets can boost share valuations. There are stark differences between the leaders who expect intellectual capital revenues to grow substantially and the laggards who expect small or no growth. The leaders are twice as likely to believe that paying more attention to intellectual capital will improve shareholder value, and that they have not explored enough opportunities for doing so. The leaders are around four times as likely as the laggards to be under pressure from investors to do more to exploit intellectual capital. My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please contact Asif J. Mir.