Intangible value – the great hidden organisational asset

In a world where increasingly all organisations are forced to report on how they measure and use their assets, the focus is moving to a class of assets rather neglected in the past - intangibles.

The utilisation of human skills and knowledge; the efficiency of processes; the strength of business relationships; these are all intangible, difficult to measure and tricky to report on. But the pressure is on to do precisely this.

We know that Value for Money looms large in the public sector, and shareholder value is keenly sought in the private sector. This is increasingly so in a world where trust in formal auditing of tangible assets has sunk to a new low.

For the last 3 years Synchroni has been a leader in researching this area, publishing insights and guidance. The results of a major study paid for by a consortium of leading organisations and published by the Institute of Chartered Accountants of England and Wales are now available in pdf format.

Synchroni is taking forward its work in this area, and will be embarking on producing guidelines for organisations that need to communicate better to their stakeholders about this class of assets and how they are performing. Contact us if you want to know more.