Introduction
He is the author of Leveraging Knowledge Time and Technology (IIKM, 1998), Intangible Management: Tools for Solving the Accounting and Management Crisis (Academic Press, 2002), Intangible Finance Standards: Breakthroughs in Fundamental Analysis & Technical Analysis (Academic Press, late-2004). His work also appears in Knowledge Management and Business Model Innovation (Ideas Group, 2001), In Action: Leading Knowledge Management and Learning (ASTD, 2000).
Ken has delivered international keynote addresses, workshops, standards certification, and chaired conferences throughout Singapore, Hong Kong, China, Malaysia, Australia, London, the United States, and Europe. He holds a finance degree with a sub-major in law and a PhD in management. His skill is in making complex concepts simple to understand and apply. His specialty is the objective financial valuation of intangibles and their financial impact on effectiveness, productivity, results, brand value and competitive advantage. He is a pioneer in the development of intangible management, intangible accounting, intangible economics, and intangible finance and has contributed to more than 30 international intangible standards. Dr. Standfield has participated in ANSI / ISO standards process in the United States and was a contributor to the Standards Australia, Knowledge Management Framework.
Quotations:Ken has been acknowledged by leading experts around the world as a world expert in the field of intangibles, the financial valuation and structured reporting of intangible value. He is the developer and pioneer of Intangible Management, Intangible Economics, Intangible Accounting, Intangible Finance, Intangible Risk Management, Intangible Project Management, Intangible Incentive and Remuneration Practice, and other disciplines.
International Feedback
Intangible management has received positive reviews from leading academics,
practitioners, and consultants from around the world.
Below are some quotations from various practitioners, senior executives,
and international thought leaders on Dr Standfield and his work: Professor Leif Edvinsson, Sweden
Background:
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“Dr Standfield’s work is thorough, systematic and
integrative. It synthesizes |
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He is also an award-winning tenured professor of business policy and strategic management at the Michael G. DeGroote School of Business, McMaster University in Hamilton, Ontario, Canada and is rated as one of McMaster’s most popular professors by Maclean’s magazine for the fifth year in a row. In addition, Dr. Bontis is Chief Knowledge Officer of Knexa Solutions – the world’s first knowledge exchange and auction. Tom Stewart, member of the Board of Editors of FORTUNE magazine and the editor of Harvard Business Review, recognizes him as “a pioneer and one of the world’s real intellectual capital experts”. He is recognized as one of Canada’s most gifted, insightful and entertaining keynote speakers.
Professor Bontis has won international acclaim for his academic research papers, books and business management cases. His most recent publications appear in the Journal of Management Studies, Journal of Knowledge Management, Quarterly Journal of Electronic Commerce, Knowledge and Process Management, Journal of Human Resource Costing and Accounting, Journal of Internet Research, Leadership & Organizational Development Journal, International Journal of Technology Management, European Management Journal, International Journal of Management Reviews, Corporate Governance and Management Decision. He has recently completed two new books published by Elsevier Butterworth Heinemann and Oxford University Press. He has presented at hundreds of conferences, corporate presentations, seminars and workshops. He is on the Advisory Board of several organizations including BRASSRING (a web-based hiring solutions provider), GREENLIGHT (an HR advisory services provider) and a variety of educational-based institutions designing and implementing KM programs and executive development programs across the country. |
Professor Per Nikolaj Bukh, Denmark
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“There has been a substantial amount of ‘accounting bashing’ in the literature on intangibles and intellectual capital. Here, for the first time, is a comprehensive set of standards that link actual operational activities to actual accounting results as expressed in conventional financial statements - a complementary system to traditional financial reporting. The result is the long awaited system, underpinned by standards, that allows accounting performance to be explained by the value drivers (intangibles) that creates it.” Per Nikolaj Bukh PhD, BDO Professor, Department of Accounting, The Aarhus School of Business, Denmark. |
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Knowledge Management - Establishing a field of Practice |
His latest research is primarily concerned with knowledge management reports and knowledge management but focuses partly on the development of methods and models for the disclosure of companies’ knowledge management activities and partly on how companies may develop their knowledge resources. In addition to his research activities, Per Nikolaj Bukh often contributes to postgraduate programs and business-oriented conferences by giving talks on his subjects of research. During the last 3 years it has amounted to more than 100 talks and during the same time he has furthermore acted as a consultant to a number of Danish companies and organisations. |
Dr Charles Savage, USA, Germany
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“In the Knowledge Economy, traditional “flat-world” accounting cannot deal with knowledge - it's value, importance, or true worth. The current accounting debates regarding intangibles will never be solved by using old methods, models, and practices. The only solution is a completely new, but complementary, approach. Intangible Finance Standards: 21st century breakthroughs in Fundamental Analysis & Technical Analysis has that new, required, approach. Ken Standfield is clearly on the bleeding-edge of a very important revolution in thinking in the accounting, management, and leadership professions. He is helping to open up new horizons of understanding on the hows and whys of intangibles in the Knowledge Based Economy, something that is essential for all executives and managers to know, understand, and apply. His book details the international standard for financially valuing and reporting intangibles in a way that can be easily understood and practically applied by investors and business leaders to create responsible and sustainable short-term and long-term financial gains.” Charles Savage. Author of 5th Generation Management and CEO of Knowledge Era Enterprises, USA and Germany. |
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Fifth Generation Management, Dynamic Teaming, Virtual Enterprising and Knowledge Networking
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Prior to forming his own company, he was responsible for Digital Equipment Corporation’s world wide Organizational Effectiveness Practice. He has worked as a Vice President of Gray Judson, Intl., a management consulting firm in Boston; a Principle in the D. Appleton Co., Manhattan Beach, CA, where he pioneered the human side of Computer Integrated Manufacturing (CIM); and as Director of the Boston Office of the Scandinavian Institutes of Administrative Research (SIAR). He has been active in the Computer and Automated Systems Association of the Society of Manufacturing Engineers (CASA/SME) where he served many years on their Board of Advisors and headed their Technical Forum. He has a wide range of publications on CIM and other management topics. He serves on the Editorial Board of SME’s Manufacturing Review. He speaks to a wide range of audiences in manufacturing, engineering, government, human resources, accounting, information systems, and sales training about ways they can help revitalize their organizations and better use their knowledge assets. |
Frank Olsson, Singapore
“By using intangible management we can release energy and capture efficiencies from people that previously we could only dream of.” Frank Olsson, CEO NAB Singapore
Esther Yap, CIO, Singapore
“Intangible management is one of the most important advances in management theory since the dawn of management theory itself (well over 1000 years ago). The ability to measure and manage all forms of intangibles (intangible assets, intangible liabilities, intangible expenses, intangible revenues and intangible capital) gives executives unprecedented power to manage their operations according to the new rules of the Knowledge Based Economy.” Esther Yap, CIO, Delgro, Singapore.
Nsombi Jaja, CEO, Jamaica
"Ken Stanfield is among the greatest thinkers in the field of Knowledge Management” Nsombi Jaja, Director, Quality Management Consulting, Jamaica
Wayne Larkin, Chairman, Australia
“Dr Standfield is the new Management genius of our time and will be as profound to management science as Einstein was to Physics.” Wayne Larkin, Chairman, of Technology Information Management Marketing Services
Greg Phillips, CEO, Australia
“Intangible management operating standards (intMgtOS) help organizations do more with what they already have. High quality performance, effectiveness, and ultimate potential can be unlocked by measuring and managing what matters and what counts. A wide range of new financial statements (intMgtOS statements) formed in strict accordance with international intangible standards now make the intangible tangible. It is now possible to place an objective financial value on how effectively an organization uses its knowledge assets and relationship assets to generate its revenue. Inefficiencies and opportunity costs can now be objectively financially valued. Dr Ken Standfield is clearly one of the best in the world, if not the best in the world, at financially valuing competitive advantage on an operational basis in objective financial terms. His work will reshape how management thinks, consultants consult, employees work, investors assess value, and organizations report true value. Intangible management is clearly better than anything else currently available and essential to know about and apply if your organization wants to enhance productivity, revenue, earnings, and share price whilst reducing expenses and opportunity costs. If you want your organization to reach its ultimate potential, then intangible management operating standards (intMgtOS®) are essential to know and understand.” Greg Phillips, CEO, Ultimate Potential Consulting, Australia
Eric Goh, CEO, Singapore
“Charles Darwin said that for species to survive, it has to be adaptable to change. In the business world, this translates to an organization’s nimbleness in adapting to changing customer demands, the external environment as well as nurturing a culture of constant innovation. Intangible Management provides executives with the skills required to better manage risks and create value for all stakeholders in rapidly changing competitive environments.” Eric Goh, Managing Director of HP Asia, Singapore
Jonathan Liew, Director, Singapore
“Intangible Management solves several of the most pressing challenges of the internet age, namely the systematic identification, objective valuation, scientific management and structured financial reporting of all forms of intangibles. These developments rival the development of accounting, finance and economics and will fundamentally reshape management and valuation theory.” Jonathan Liew, Deputy Director, Internal Audit, JTC Singapore
Dr Arif Nun, Senior VP, Malaysia
“I am very impressed that Intangible Management is solidly anchored in more than a decade's worth of multidisciplinary research and development. Intangibles have never been made more visible.” Dr. Arif Nun, Senior Vice President, Multimedia Development Corporation (MDC), Malaysia
Anthony Ting, Consultant, Netherlands
“Intangible Management has given us an answer to justify the existence of Knowledge Management (KM) to Corporate Management by linking knowledge to value. In these budget-constrained, uncertain economic times, practitioners need to be able to show the business value that knowledge sharing and reuse bring to their organizations. Intangible management creates a financial measure of knowledge sharing that will show a one-to-one correlation between a knowledge-sharing action and a business result." Anthony Ting, Organisational Performance Consultant, Shell International Exploration and Production, The Netherlands.
Freddie McMahon, CEO, London
"Intangible Management is light years' ahead of any other management consulting
technique available. It is a new double-ledger technique designed for the
knowledge economy, which has conventional financial reports on one side and on
the other human interactions as measured by Intangible Management reports.
Freddie McMahon, CEO, Zeedv Ltd, (www.zeedv.com)
Creators of Zeedv Workbench™ Software, United Kingdom
Freddie has held numerous CEO, CTO and
executive roles within the financial services, technology and Internet
sectors, both in the UK and internationally. Freddie is CEO of
Decisionality Ltd which is an early stage company that has new products and
methods for the development and spread of knowledge throughout the
organization.
He was Head on Innovation at NatWest
Bank and the Norwich Union Group and pioneered leading e-business
initiatives. Freddie has also led change in other financial organizations
such as JP Morgan, Arab Banking Corporation and Saudi International Bank.
He has been an instructor for the Masters of Management in the Network
Economy (MiNE) which is the result of collaboration between the Center for
Research on the Applications of Telematics to Organizations and Society (CRATOS)
of the School of Economics,
Università Cattolica del Sacro Cuore at Piacenza, Italy, and the School
of Information Management and Systems (SIMS)
of the University of California at Berkeley, USA.

Torben Anderson, CEO, United Kingdom
"Intangible Management is the most compelling evidence yet that the knowledge based economy is upon us. By making use of existing accounting principals, Intangible Management has shown how attaching financial value to intangibles helps organisations to realise their true competitive advantage in the market place. Intangibles that have long been overlooked by traditional financial accounting include Knowledge Assets and Relationship assets." Torben Anderson, CEO, Alphaport Ltd , KM Delivery and Advisory Services, United Kingdom
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Torben is an experienced knowledge strategy consultant,
entrepreneur, programme manager and community facilitator. He has worked
with corporate knowledge management teams as an advisor, business planner
and implementer of key knowledge initiatives. Torben is passionate about
activating the latent capability of people and the collaborative strength of
communities to increase individual and team productivity within
organisations. He is an equally passionate leader, facilitator and course
designer of learning workshops, community leadership programmes and problem
solving round-tables. Current and previous roles have included leadership
of global strategic business communities, management and delivery of
organisational-wide knowledge programmes, design of global knowledge
management strategies and roll-out of global knowledge tools and
technologies. More recently founder of Alphaport Ltd. Link: http://www.alphaport.com/ |
Martyn Laycock, Director, United Kingdom
”Dr. Stanfield's unique approach to the measurement and management of intangibles draws on work and words by Thomas Stewart, Allan Greenspan, Peter Drucker and other management thinkers; these are consolidated into his book "Intangible Management" alongside an impressive set of International Intangible Standards developed over the last fifteen years or so - Standards that I believe will come to have major relevance as we strive over the next few years to turn "soft intangibles management" into a hard and meaningful "management science". Martyn Laycock, Director of "Managing Transitions", Project Leader, University of Greenwich Knowledge Management Forum, London
Comments about the award winning book Intangible Management:
Amazing!
This is a must read book.
“The greatest thing I learnt from this book is that soft intangibles (decisions, tacit knowledge, relationships, emotions, trust, etc) actually create financial performance (sales, expenses, etc). This notion fundamentally reverses the concepts that traditional management is based upon. Instead of focusing on the traditional short-term "profit at any cost" mentality, Intangible Management take a sustainable viewpoint and explores how managers can manage a completely new set of value drivers in order to create a workplace where people want to work, and customers want to buy. Sustainability, social responsibility and ethical behavior are have long been missing from traditional management theory. With Intangible Management, these issues are now back on center stage - where they belong. This book is an excellent read and a must buy if you are interested in keeping up to date with the latest thinking in management science. Booksunderreview.com
Brilliant
One of the Most Important Management breakthroughs in the Past 1000 years. Research by Arthur Andersen of 3500 companies revealed that on the balance sheet the following percentages reflected market value for the representative years: 95% in 1978, 28% in 1998, and 15% in 2002. The International Intangible Management Standards Institute predicts it will be 5% in 2005 based on these trends. This means that conventional accounting reports will fail to capture 95% of the value of business and its operations by 2005, unless there is a change. From an investor perspective, things are not much better. According to the (USA) National Academy of Sciences Task Force on Intellectual Property Management (Sept. 1999), more than 75% of the capitalization of the S&P 500 reflects the value placed on knowledge and other intangible assets. In the book Intangible Management: Tools for Solving the Accounting and Management Crisis, Ken Stanfield explains the value of intangibles (intangible assets, intangible liabilities, intangible revenues, and intangible expenses) and most importantly how to measure, track and record them on the new financial reports - referred to Intangible Corporate Reports. As our greatest assets today are Knowledge, Relationships, Emotional Intelligence and Time - these value drivers must be measured and managed. This book needs to be the new standard (Bible) for Business Management and Accounting. This book should be essential reading in every School and University as learning is the only true sustainable competitive advantage we have, and this knowledge needs to be known. Booksunderreview.com
"Ultimately, the ability of your organization to meet not only its current goals and objectives, but also to grasp future opportunities, will depend on its ability to create value from its intangible assets. It is only by identifying, managing, and developing the full spectrum of intangibles that you will be able to unlock your full potential." Creating value from your intangible assets: unlocking your true potential, Department of Trade and Industry, UK, 2002.
International Key-Notes
Dr Ken (as he is commonly known) is available for international keynote
sessions, workshops, in-house presentations. Some recent engagements:
1. CFO Annual Retreat 2000,
2. eValuation Forum 2000 (Sydney),
3. Business Intelligence 2000 (Singapore)
4. Monash Mt Eliza Business School – MBA Guest Lecturer (2000)
5. 2nd World Conference on Knowledge Management (Hong Kong)
6. RMIT Masters of information Management Seminar (2000)
7. Strategic Business Intelligence Conference, Singapore (29th & 30th May 2001) - Chairman and workshop facilitator
8. Advanced Knowledge & Innovation Management Conference, Sydney (5th & 6th June, 2001 - Chairman, Speaker
9. Strategic Branding conference in Melbourne (20th June 2001). Keynote speaker
10. The BusinessWeek Asia Leadership Forum & the World Economic Development Congress (Kuala Lumpur, 27-28th June 2001), Speaker.
11. The Commonwealth Business Council (Kuala Lumpur, 27-28th June 2001). International guest
12. KM Asia 2001 in Singapore (Singapore, 18th – 20th July, 2001), Sponsored Speaker - Compaq Singapore.
13. Measuring IT performance (Singapore, 18th September 2001) - Chairman
14. Intangible Management: Can you afford not to know? (Singapore, 26th September 2001), Workshop Leader
15. Knowledge Management, 27th September, 2001: Singapore) - Keynote Speaker.
16. Intellectual Property Conference (Sydney, 15th & 16th November 2001) – Chairman, Keynote
17. Mergers and Acquisitions (Sydney, 4th/5th June, 2002) - Chairman and workshop facilitator
18. KM Asia 2002 (Singapore, 16th-18th July, 2002), Workshop leader
19. Soft Intangible Management (Sydney, 8th-9th August, 2002), Keynote speaker and workshop presenter.
20. CEO Roundtable, Australian Institute of Management, Melbourne, 11th September, 2002, Keynote Presenter
21. Keynote speaker and workshop leader, IQPC (Singapore , 23rd-24th September, Malaysia, 26th-27th September, 2002)
22. Moving towards the Knowledge Economy Conference, Sydney, 11th November, 2002, Main Session Speaker.
23. 9th World Congress of Accounting Educators (Hong Kong, 16th - 18th November, 2002). Main session speaker - Intangible Accounting.
24. Intangible Management - The Next Evolution in Knowledge Management (Hong Kong, 5th - 6th, December, 2002), Chairman and Workshop Leader
25. Intangible Management - The Next Evolution in Knowledge Management (Singapore 9th-10th, December, 2002), Chairman and Workshop Leader
26. Intangible Management - The Next Evolution in Knowledge Management (Malaysia 11-12, December, 2002), Chairman and Workshop Leader
27. Measuring Knowledge Value 2003, 17th to 19th Feb 2003, London, International Keynote Speaker
28. Can Teen, Good Grief Weekend, Melbourne, Host, February, 2004
29. Rotary Club, Brighton Beach Branch, From Adversity to Power, 6.30pm Tuesday 3rd February, 2004
30. Sustainable Living Expo, True Success: Sustainable Happiness, 2.00pm Saturday the 14th February 2004
31. Sustainable Living Expo, True Success: Natural Laws of Living, 2.15pm Sunday the 15th February 2004
32. Commercialization of Intellectual Property, 15th – 16th April 2004, Beijing, China International Keynote Speaker
33. Intangible Management Workshop, 6th and 7th of September, Shanghai, China, 2004, Chairman and Workshop Leader
34.
Intangible Management Workshop, 9th and 10th of
September, Shanghai, China, 2004, Chairman and Workshop Leader
| To contact Dr Ken for a speaking appointment please contact publicspeaking@standardsinstitute.org
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Next Steps
For those interested in obtaining a more concrete understanding of international intangible standards and intangible management, the books Intangible Management: Tools for Solving the Accounting and Management Crisis (Ken Standfield, Academic Press, 2002) and Intangible Finance Standards: Breakthroughs in Fundamental Analysis and Technical Analysis (Ken Standfield, Academic Press, late 2004) are essential reading. These textbooks form the basis of intangible management certification programs.
The International intangible Management Standards Institute also offers practical, hands-on, results orientated Skill Transfer sessions where you can practical learn about intangible Management through application to your business.
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