24 Assets: Create a digital, scalable, valuable and fun business that will thrive in a fast changing world

by Daniel Priestley

Intellectual property. The business lays claim to, or is known for, valuable ideas, methods or defensible intellectual property rights. Brand assets. The business is known, liked and trusted by a loyal group of fans who are unlikely to switch to a new brand. Market assets. The business can sell products, disseminate ideas or be present to a large group of potential buyers faster and more cheaply than others in the same market. Product assets. The business has created unique products and services that are either difficult to replicate or difficult to compete with. Systems assets. The business has a set of systems and processes that allow it to run more efficiently than its rivals while still delivering the same or better quality. Culture assets. The business is able to attract, retain, develop and manage good people at a lower cost than its competitors.