Monday, June 17, 2019

The Ethics of Herbal Folklore (PDF)

I used to work at a dietary-supplements company. We read the authoritative herbals and identified herbs that the traditional knowledge of herbal folklore believed were efficacious in treating health conditions that were commonly served by modern over-the-counter (OTC) products. We reasoned that natural herbal solutions to widespread conditions such as the common cold, sleeplessness and lack of vitality could provide millions of consumers with a more natural lifestyle.

Social Responsibility and the Commercialization of Society

While the pursuit of growth and profits continues to rule daily life within the corporate world, a growing number of businesses are also measuring their success against one of the most fundamental ethical principles of business – that of “social responsibility.”

Knowledge and Economic Growth

The rise of our entrepreneurial society, the information economy, global capitalism, and modern prosperity are all inextricably linked together with the cultivation, dissemination, and management of knowledge. Increasingly, knowledge itself and the transfer of knowledge, are widely recognized as the key factors in long-term economic growth.

What is Knowledge Management?

Peter Drucker, the great patriarch and founder of management as a discipline, famously coined the term “knowledge workers” during the mid-twentieth century. “Knowledge workers” were the people who were being paid to think, to work with their brains instead of their hands. Fifty years later, such “knowledge workers” have become the lifeblood of our economy, and are approaching 60% of all workers in the United States.

Traditional Knowledge – Be Careful What You Claim to Own (PDF)

As Chinese and Ayurvedic medicine and indigenous substances increasingly influence the creation of new foods and dietary-supplements products, it becomes important to understand how the traditional knowledge movement is shaping the structure of new products, and limiting the opportunity to capitalize upon the cultural knowledge of other cultures. What is this trend and what does it suggest for business strategy?

The Truth About Licensing (PDF)

Not every company is in a position to practice classical carrot and stick style licensing. But that does not mean that licensing is not an option for every business, regardless of the intangible assets they own.

Surviving Financial Crisis with Structural Capital (PDF)

With an intellectual-asset audit, companies can often find Rembrandts in the attic. Ideas, patents, trademarks and/or infringements are often discovered that may help capitalize the enterprise that holds them.

Towards a Strategy of Valuing Patents as Intellectual Capital

Patents are a major force in the world economy, and one of only a few metrics commonly employed to gauge the tides of new ideas and innovation that are driving our economy. Even with the present declining rates of R&D investment, leading nations spend over $1 billion dollars each day generating intellectual property.

Corporate Governance in Private Organizations

Corporate Governance in Private Organization. In the wake of corporate scandal, widespread unethical behavior, and illegal activity in some of our most respected organizations, corporate governance in both public and private organizations is undergoing possibly the greatest change since the original creation of the Securities and Exchange Commission during the 1930s. The Sarbanes-Oxley Act of 2002 formalized many new white-collar crimes, set stiff penalties for such crimes, and is impacting every element of Board governance from independent membership and financial competency, to employee whistle blowing and the role of auditors.

How Do We Think Strategically?

Within today’s rapidly changing corporations, individuals at all levels are increasingly called upon to demonstrate their ability to think strategically. However, many are inadequately prepared to perform this task. Many new executives, and even those long within the executive ranks, are unsure how to properly engage in strategic thinking.