Yesterday I spent some time with a journalist from Human Capital magazine.  Nice bloke who seemed very interested in Readify and the stuff we've been doing for our staff.  As is usual, he was very much interested in the virtual worker model and what that meant in terms of real benefits to the organisation.  So many 'soft' benefits but it made me start to think about what the 'hard' benefits actually are.   How about a 28:1 Revenue to Current asset ratio?  That sounds good to me but for an organisation like ours where so much of our real value never appears on the balance sheet I'm thinking that 'hard' metrics don't ever do us justice.  The 'Intellectual Property' in people, systems and processes really does set us apart from our competition. Doing things differently from our competitors really does give us advantage.  I reckon that stuff needs to be on the balance sheet.  Then I’ll work out some ratio’s around that J 

People IP to systems IP ratio.  Conversion rate of people IP to process IP or People IP to Systems IP. 

Here’s the article anyway http://www.hcamag.com/hca_aus/detail_article_email.cfm?ArticleID=927