Assets Quote by David Maister
“Left untended, knowledge and skill, like all assets, depreciate in value surprisingly quickly.”
About This Quote
Source Book: Managing the Professional Service Firm, 1993
Untended knowledge and skills lose value quickly, like assets that depreciate.
In simple terms: Neglected skills lose value fast.
Key Takeaway
Maintain and update expertise regularly.
Themes
learning
skill decay
asset management
Mood
pragmatic
urgent
Type
advisory
motivational
When to use this quote
- career development
- professional training
- knowledge management
Key Concepts
human capital
continuous improvement
Questions to Reflect On
- How do you keep skills from depreciating?
- What systems support ongoing learning?
A Different Perspective
May undervalue natural skill loss.
![“All that stock of arguments [the skeptics] produce to depreciate our faculties, and make mankind appear ignorant and low, are drawn principally from this head, to wit, that we are under an invincible blindness as to the true and real nature of things.” quote by George Berkeley](https://sms4smile.com/quotes/img-quotes/dc0/george-berkeley-8287_argument_all-that-stock-of-arguments-the-skeptics_973459.jpg)
![“[When I die], I will decidedly not be regretting missed opportunities for a good time. My regrets will be more along the lines of a sad list of people hurt, people let down, assets wasted and advantages squandered.” quote by Anthony Bourdain](https://sms4smile.com/quotes/img-quotes/ba3/anthony-bourdain-649_advantage_when-i-die-i-will-decidedly-not-be-regre_24502.jpg)
