While this is an excellent aggregate measure and takes into account the contributions of knowledge employees have to the total shareholder value, capturing its transformation into market value is not as precise as using indices and analytics. A secondary approach is to use the knowledge management performance index (KMPI) (Kun, Lee, in, 2005). This index serves as a foundation for evaluating the contributions of knowledge to the three financial measures of stock, price, price earnings ratio and R&D expenditures (Kun, Lee, in, 2005). These three factors combined provide insights into how knowledge differentiates a firm and also creates value over the long-term as well. The index also captures how value being created as a result of effective knowledge use by employees is impacting the Price-Earnings Ratio (P/E Ratio) of a given firm, which is a critical metric that institutional investors use to evaluate firms they want to hold stock in for the long-term (Kun, Lee, in, 2005).
References
Abrams, C., J, v. K., Muller, S., Pfitzmann, B., & Ruschka-Taylor,...
The combination of these four tools can also serve as the foundation for frameworks to define the future direction of product strategies as well. Once the extent of causality is established between products, price and interpolated for markets using the State Gap and Trend Analysis, more effective pricing models can be created that provide more granular feedback on pricing elasticity (Bryan, Rosen, Marland, 1980). Using these techniques a company
The SMART-Ra solution is characterized by the following: The formal assessment of the risks through the employment of the ISO 27005 standards and the OCTAVE techniques The systematic assessment of the risk through the PDCA model (plan, do, check, act) The automated risk assessment through the Fast Ra feature, which "provides fully automated risk assessment with a built in database of standard assets, threats, vulnerabilities and controls" (Website of SMART-RA) The creation of
Management Strategies The History of Apple Corporation Strategy Development and Implementation The History of Apple Corporation The corporation has an exciting history, as it has transformed to the biggest and most successful technology firms in the world, under the best managers of time. Both the employees of the firm, the management and the product consumers have been linked to the firm's success. The firm was started with the two Steves, who from their early
Management Seminar Demonstrate a basic understanding of the terminology, history and theories of business and management principles. Although the concept of management is already a few centuries old, the basis for the development of a science of management was laid during the Industrial Revolution. Until the 1960's diverse viewpoints on management were recognized leading to the development of a more integrated approach to management. The process approach emphasized the basic functions of
Managing Diversity in the Workplace The modern business environment is marked by numerous people-oriented variables brought to organizations. These variables include gender, race, age, and religion, and socioeconomic background, regional and national origin. All these factors form the current workforce in the market place. Diversity is widely recognized as one of the world's greatest strengths. Diversity continues to affect the society and the organizational workforce in the process of shaping the
Managing Time as an Adult Learner There might not be a better decision than going back to school as an adult. This is particularly because one has the opportunity of enhancing their career and accomplishing their lifelong goals. The choice of going back to school as an adult is thus an easy decision. Despite the fact that reaching this decision is easy, following through the decision is the most difficult part.
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now