Question # 1; What types of digital capital are you developing?
Question # 2: What types of physical / manufactured capital are you developing?
Question # 3: What types of financial capital are you developing?
Question # 4: What types of human capital are you developing?
Question # 5: What types of social / cultural capital are you developing?
Question # 6: What types of natural capital are you helping to improve?
Question # 7: What questions can we ask to improve our strengths?
2. Question # 1
What types of digital capital are you developing?
Question # 2
What types of physical / manufactured capital are you developing?
Question # 3
What types of financial capital are you developing?
Question # 4
What types of human capital are you developing?
Question # 5
What types of social / cultural capital are you developing?
Question # 6
What types of natural capital are you helping to improve?
Question # 7
What questions can we ask to improve our strengths?
7questionsforyou
4. 1. Servers.
2. Routers.
3. Online-purchasing platforms.
4. Basic Internet software.
http://www.mckinsey.com/Insights/High_Tech_Telecoms_Internet/Measuring_the_full_impact_of_digital_capital
4 examples of tangible digital capital / assets
5. 1. Designs that engage users.
2. Analytic competencies.
3. Revenue models that monetize digital activity.
http://www.mckinsey.com/Insights/High_Tech_Telecoms_Internet/Measuring_the_full_impact_of_digital_capital
3 examples of intangible digital capital / assets
11. Types / forms of financial capital
1. Equity, i.e. money from owners.
2. Debt, i.e. money from lenders.
12. Financial capital refers to an individual’s
total saved assets, while human capital
refers to the individual’s future potential
savings from income earned.
https://www.cnbank.com/uploadedFiles/Site_Framework/Home_Page/December_2013_-_CIUN_-_Canandaigua[1].pdf
13. Actively reallocating corporate resources is important
in the best of times, and even more so during economic
downturns.
There’s something like a 4 percentage-point difference
in the average return to shareholders year on year for
those who are in the top third of re-allocators versus
those in the bottom third.
http://www.mckinsey.com/insights/strategy/breaking_down_the_barriers_to_corporate_resource_allocation
22. Intangible assets are estimated to account for
up to 80% of the value of large companies.
Thus, people contribute to businesses more
than any other factor of production.
http://www.linkedin.com/groups/Intangible-Assets-nonmonetary-assets-that-3901119.S.71807779
23. Human capital is the only company resource that
supplies the organization with the ability to create
ideas, relationships, knowledge and models.
Every other financial, physical and cultural resource
depends on the active mental, social and psychological
talent necessary to fulfill it.
Source
Poppler, Paul & Stark, Ernest: Rare and Inimitable: Creating Human Capital Advantage.
Chief Learning Officer, May 1, 2010.
24. Intellectual capital is recognized as the most
important asset of many of the world’s
largest and most powerful companies.
http://www.wipo.int/sme/en/documents/value_ip_intangible_assets.htm
27. Human capital can be increased by investing
in education and health care.
http://www.economist.com/economics-a-to-z/h#node-21529828
28. Although companies' percentage of intangible
assets, for example research & development, has
increased, accounting rules have not kept pace.
http://www.investopedia.com/articles/03/010603.asp#ixzz2Iij3mEe8
29. Question # 5
What types of social / cultural
capital will you develop?
30. Aspects of social / cultural capital
Strength of relationships with other people,
for example with customers.
Degree of involvement in communities.
http://www.ey.com/Publication/vwLUAssets/The_concept_of_capital_in_Integrated_Reporting/$FILE/
EY_'Capital'%20in%20Integrated%20Reporting%20April%202013.pdf
31. Question # 1: Impact
How large is the impact that the potential partner / stakeholder has on your performance?
Question # 2: Clear expression of need
How clearly can you identify what you need from the stakeholder?
Question # 3: Interest in developing the relationship
How interested are you in further developing the relationship with the stakeholder?
3 questions to identify strength of relationship with a person
Adapted from
https://hbr.org/2014/03/five-questions-to-identify-key-stakeholders/
32. Social capital is generated by the connections in a social
network, and the trust, reciprocity, and resource-sharing
qualities of those connections. It can be activated by
individuals to gain social support or social leverage, or by
collectivities to facilitate organization and collective action.
Social capital is commonly viewed as a positive resource,
but can become negative when used to exclude outsiders.
http://cvp.evans.washington.edu/library/definitions
33. For production workers, productivity is readily
measured in terms of units of output; for transaction
workers, in operations per hour.
But for knowledge workers, what might be thought of
as collaboration productivity depends on the quality
and quantity of interactions occurring.
http://whatmatters.mckinseydigital.com/internet/using-technology-to-improve-workforce-collaboration
35. Question # 6
What types of natural capital
are you helping to improve?
36. Types of natural capital
1. Air.
2. Water.
3. Land.
4. Forests.
5. Raw materials / minerals.
6. Biodiversity and ecosystem health.
http://www.ey.com/Publication/vwLUAssets/The_concept_of_capital_in_Integrated_Reporting/$FILE/
EY_'Capital'%20in%20Integrated%20Reporting%20April%202013.pdf
39. Question # 1
What do users / customers find that you do really well?
Question # 2
What can only you do?
What is unique about what you do and how you do things?
Question # 3
Why would someone invest their money with you?
3 questions to find out why people love what you do
40. Ikea’s stylish, utilitarian, and inexpensive furniture combines expertise in
design,
sourcing,
manufacturing,
pricing,
packaging,
logistics,
the customer experience in retail stores, and
cost management.
All of these competencies reinforce the others.
http://www.strategy-business.com/article/00161?pg=all
41. With which product / service do you create most value for people?
Your answer: _____________________
Description of competencies
to create and deliver that product / service
Competence # 1
Competence # 2
42. How valuable is a competence, that
you have, for people you serve?
43. On a scale from 1 to 100, to what extent is
the product / service / technology you
deliver scarce / rare / in short supply?
44. On a scale from 1 to 100, to what extent can
a competence you have be transferred to
other people?
52. Some sources of inspiration
http://www.bqf.org.uk/innovation/2013/07/15/quickly-assess-your-strengths-and-weaknesses/
http://hbr.org/2000/03/meeting-the-challenge-of-disruptive-change/ar/1
http://hbr.org/tip?date=012313
http://www.thoughtyoushouldseethis.com/post/15189657543/samuel-palmisanos-guiding-framework-for-ibm
53. Thank you for your interest. For further inspiration,
feel welcome to visit http://frankcalberg.com/
Have a great day.