Why Leaders Are Still So Hesitant to Invest in New Business Models

Harvard Business

As technology continues to change and challenge even the most successful incumbent organizations in every industry, the cost of inertia is growing. Consider the dramatic shift in the types of assets that create market value. According to Ocean Tomo, a consulting firm focused on intellectual capital, physical assets (plant, property, and equipment) made up more than 80% of the market value of the S&P 500 in 1975.

What Younger Workers Can Learn from Older Workers, and Vice Versa

Harvard Business

We typically imagine that the young can help the old understand technology and the old can impart general wisdom. What we asked people was, at this point in their lives, are they actively building, maintaining, or depleting their tangible and intangible assets? Actively building both tangible and intangible assets is crucial to creating a long and productive working life. Coaching and mentoring across age groups makes sense.

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How Work Will Change When Most of Us Live to 100

Harvard Business

Take, for instance, the age at which people make commitments such as buying a house, getting married, having children, or starting a career. And yet that does not mean that simply extending our careers is appealing. Just lengthening that second stage of full-time work may secure the financial assets needed for a 100-year life, but such relentless work will inevitably deplete precious intangible assets such as productive skills, vitality, happiness, and friendship.

GDP Is a Wildly Flawed Measure for the Digital Age

Harvard Business

Many workers have found, well into their careers, that their physical skills for making and transporting “things” are less relevant and valuable than the once were. New workers embarking on their careers are finding that their education is incomplete in many areas essential to our technology-driven lives today. It struggles to account for today’s intangible assets—services, insights, and networks. HBR STAFF.

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