“I hate waste,” said Andrew Sherman, “and you should, too.”The Washington, D.C.-based Jones Day attorney and international authority on legal and strategic aspects of business growth said at a Jan. 24 TEDx talk that entrepreneurs and established business leaders need to be entrepreneurial environmentalists and intangible asset agrarians.
Sherman’s talk on “Harvesting Intangible Assets,” held at The University of Nevada, advised attendees to join him in “a commitment to recycle, to reuse and to repurpose.”
“Don’t allow assets to rot on the proverbial vine,” he advised.
Sherman was one of 22 speakers at the TEDx talk at the university that day including Elizabeth Smart, who was famously kidnapped as a child and prevailed. More than 200 people were in attendance at the day’s event.
Sherman is an adjunct professor in the MBA programs at The University of Maryland and Georgetown University, as well as the author of 26 books.
He said that to grow in a sluggish economy and resource-constrained environment, business leaders have to utilize capital-efficient growth strategies to control shareholder value.
He said his hate for waste transferred into his practice and the advice he gives companies.
“What I really want you to take away from this session is the waste that takes place in the context of innovation — of the intangible objects that we discard and misemploy and don’t fully utilize.”
Sherman said, “We are in the midst of recovering from one of the worst global recessions in our history.”
The talk challenged listeners to discover avenues to better leverage the value of the intangible assets that exist in our communities and companies.
“Every company has a donut hole,” he said.
He asked everyone to think, “What is the thing inside your company right now that’s being ignored, misused or even thrown away?”
TEDx is a program of events that unite people through videos, speakers, deep discussion and connection.
To view the youtube video, visit http://bit.ly/1dATFyu.
