Dear E100:

NOTE: The E100 Readings - Knowledge Economics: Principles, Practices and Standards - is now available and ready for YOUR pre-ordering. RESERVE your copies NOW. Consider your staff...network...lead colleagues...university libraries...and your own training purpose! This 900-page manuscript in three sections will be made available - 3 volumes in a box - for the remarkable price of twenty euros per package (20 /package) plus transport expenses.

Check some details below...

A Vision in Helsinki:

The theme was building 'collaborative advantage.'

Hosted by E100 Esko Kilpi (Finland) In March 2003, we convened our E100 Roundtable visit to Helsinki with the story - A Bretton Woods of the Knowledge Economy.

What is less well known are the plans that were put into motion to make visible the leadership concepts and experience of those within the E100. Dr. Piero Formica (Italy) and Dr. Eunika Mercier-Laurent (France) took up the gauntlet. Now the book is advance order ready NOW with 27 leading author contributors from the ENTOVATION Network representing Australia, Brazil, Canada, China, Croatia, Estonia, France, Germany, Israel, Malaysia, Mexico, Spain, Sweden, Turkey, the United Arab Emirates, the United Kingdom and the United States!!!

The book is divided into three major sections - each providing a facet of the new thinking, both in terms of theory and evidence.

Part I: Principles/Standards

We are witnessing an acceleration of experimentation and adoption of progressive management approaches at every level of the economic - micro, meso, and macro-economic. This section will illuminate some of the broader scheme context and sense-making approaches to initiatives of the Knowledge Economy. Topical areas include trend analysis, modern economic principles, emerging standards, et cetera.

Part II: Practices

This section identifies management approaches that are enabling institutions to take advantage of the new models of organization structures, real-time learning mechanisms, foundations for cultural evolution, performance incentives, environmental considerations, ecological practices, country and company restructuring, and the use of technology.

Part III: Policy and Measurement

The policy section outlines how the emphasis on policy guiding procedures for action, as well as on governance and measurement, can effect significant managerial innovations: changing - or better - abandoning the old rules, thereby producing new and viable principles of economic policy. This is a counterpart to the principles of self-organizing systems in that there may be ways to architect, via policy-change initiatives, the potential output of an innovation system.

This is an emerging field in which the new principles and rules are being established as practices are experimented and policies take shape. The new kaleidoscopic economy demands novel navigation tools suited to modern management. We are learning together as a community of practitioners, inventing testing and proving new theories as we go. The students today are our knowledge leaders tomorrow; and they will be enabled with unprecedented tools and technologies at their side. Their expertise will pave the way in a new innovation frontier that connects human potential to economic results in ways we today can only imagine.

Prologue Excerpts

The year was 1944. In his opening Address at the Bretton Woods Conference in New Hampshire - Henry Morgenthau described the intent. That July, world leaders convened to determine how to move financial capital around the world based on stable and adjustable exchange rates. The International Bank for Reconstruction and Development (The World Bank) was established with original members being those of the International Monetary Fund (IMF).

Today, it is well recognized we have entered a new frontier in which intellectual capital - properly leveraged through relationship capital - is rapidly becoming the new currency. It is time to plan the Bretton Woods of the Knowledge Economy.

This book offers insights and perspectives, which take the reader in unexpected directions with eye-opening conclusions. It provides a global context for 21st century management - based upon some of the finest research projects and initiatives in the world. It does not suggest that traditional financial, quality and qualitative methods are not important; they are. However, we discover increasing evidence to support how successful enterprises and nations will also need to learn how to capitalize upon the emerging qualitative measures of performance. Qualitative criteria - together with quantitative ones - enable us to measure advancements of the knowledge-based economy.

Introduction Excerpts

This volume of collected papers is about evolving Knowledge Age Economics - a progressive way to measure and manage critical assets into the future. It deals with individuals, organizations, communities and policymakers on the border of the innovation-based society characterized by an increasing degree of stakeholder interaction and high sustainability intensity. The purpose of this book is to provide readings in order to educate the new generation of researchers, professors, teachers, industrial and government leadership professionals.

To some extent, the authors of this book rethink and reshape the theories and efforts of the past into an emerging field of knowledge performance economics based upon progressive management principles. This modern economic foundation is destined to become more and more integrated into our practices and policies. Thus, the insights presented in this collection explain how the depth and scope of a knowledge perspective can provide opportunities never before imagined. The sustainability of our future demands nothing less.

Three new Laws of Knowledge Dynamics are discernible.

The First Law of Knowledge Dynamics states that knowledge multiplies when shared. The resulting knowledge energy (or ken-ergy) is manifested through a broad range of mechanisms - which in this volume includes Innovation Management, Leadership for Value Creation, Knowledge Pattern Recognition, Knowledge Mapping, Knowledge Networks, Social Cybernetics, Mental Models, Situation-Handling, and Capital Systems. Since knowledge is inherently a human process, we must take care to optimize its creation and flow in ways that minimize loss in the transmission process.

The Second Law of Knowledge Dynamics states that value is created when knowledge moves from its point of origin to the point of need or opportunity. This affirms that the real benefit of knowledge lies in action; and that innovation is the process whereby knowledge is put into motion or used. This process of innovating knowledge requires high-powered knowledge energy flows (see First Law) supported by wide bandwidth connectivity and rich interrelated actions. The Second Law emphasizes effectiveness whereby actions aiming at 'doing the right thing' (effectiveness) prevail over those addressed at 'doing things right' (efficiency).

The Third Law of Knowledge Dynamics states that mutual leverage provides the optimal utilization of resources - both tangible and intangible. It asserts that collaboration and the value of leveraging the knowledge of one another create a greater wealth and sustainability for us all. Unlike vested interests playing against competition, collaborative efforts made by those agents who put knowledge into action are incentives not to collude but to combine co-operation and competition so as to enhance pre-competitive forces working for the general interest of the knowledge society. There are multiplier implications that operate within and across network boundaries. Synergy and symbiosis are natural outcomes of the human interaction in ways that provide profound network effects.

Table of Contents

The chapters provided in the in this book are evidence that the softer aspects of measurement are worthy of pursuit and may be better indicators of progress than current GDP models. Further, we learn from these knowledge experts there are viable economic practices - as embryonic as they are perceived - that provide a more sustainable foundation for an economically equitable, environmentally sustainable and social/politically stable world.

The outline of contributing authors reads like a Who's Who of the Knowledge Economy. Take a look and find some of your favorites - and more important, their newest thinking. This is book about where the profession might be headed...be there with us!

Timely access to quality insights is the name of the game in the Knowledge Economy. And so, if you would like to order...

Anxious for your reactions...

Debra

"Creation of a dynamic world community in which the peoples of every nation will be able to realise their potentialities for peace."
- Henry Morgenthau, Opening Address, Bretton Woods Conference (July, 1944)

 

 

 

 


Debra M. Amidon
Founder and CEO
ENTOVATION International Ltd.
2 Reading Avenue, Suite 300
Wilmington, MA 01887 USA
T: 978/988-7995
F: 978/863-0124
E-mail: debra@entovation.com
URL: http://www.entovation.com

"Innovating our future...together."

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