Better strategy through organizational design

(...) " Talent is the scarce resource because it is the ultimate generator of the intangibles that drive the creation of wealth in the digital age. Winning companies are those that can increase their profit per employee by mobilizing labor, capital and mind power into profitable instutional skills, intellectual property, networks and brands. The returns to companies that can accomplish all this are extremely attractive because intangibles now confer enormous scale and scope advantages. Furthermore, intangibles represent unique assets for the indiviudal companies in possession of them - that is they are unique in supply - so they can create "natural monopolies" which are difficult for other companies to replicate " (...)

Source : Mc Kinsey Quarterly, 2007, Number 2
Author : Lowell L. Bryan and Claudia I. Joyce