Managing information as an asset isn’t a new idea, but I have a significant problem with its practice.
In accounting parlance, for something to be an asset, we have to have the expectation of future cash flows into the organistion as a result of it.
So how much of the information we keep is actually an asset?
Has anyone ever done a revenue projection for their information?
If information isn’t going to generate a cash flow (or a cost saving), doesn’t that make it a liability?