Ken Standfield

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Ken Standfield (born 1968 in Melbourne, Australia) is a mathematician, philosopher, conceptual inventor, public speaker, and financial analyst. He is a descendant of Clarkson Frederick Stanfield (Dec 3rd, 1793 – May 18th, 1867). Clarkson was a friend of Charles Dickens (Feb 7th, 1812 – Jun 9th, 1870), an English writer and social critic.

Ken has a long family history of innovation, invention, and a love for mathematics, psychology, and human interaction.

His ancestors were prolific inventors of the first garden rakes, mousetraps, artificial heart pumps, and many other valuable things. At the age of 7, Ken was diagnosed with severe internal bleeding of the esophagus and given 6 months to live. After successful surgery at the Royal Children's Hospital Royal Children's Hospital, a long recovery process took place. Confined indoors, he started studying mathematics, psychology, and film.

• He found that the intersection of mathematics, films, and psychology was at the heart of his first "conceptual invention" he called "mathematical perception," at the age of 10. This discipline allowed him to model human emotions by mathematically converting interactions into mathematical formulae (applied to T.V. shows and movies to determine storyline improvements and the quality of character interactions).
• At 11-years of age, he developed the "nine times formula," which showed the formula underpinned all nine times operations.
• At 12, he created "information enhancement," a technique used to communicate conceptual content using 90% fewer words.
• At 12-years of age, he analyzed and re-conceptualized the nature of multiplication, addition, and subtraction operations in mathematics. As a result, he developed a method of adding, multiplying, and subtracting completely different from how those operations were customarily conducted. Later that year, he found that his development had already been invented (albeit in another format) by John Napier - the 16th Century Scottish mathematician who invented logarithms and was called Napier's Bones.
• In the same year, he re-conceptualized the foundation of probability - set theory - and replaced Venn diagrams with a new methodology that could analyze an infinite number of sets (Venn diagrams that analyze more than five sets require complex mathematical formulae).  Venn diagrams a foundation of probability and statistics.
• At age 15, he started developing new mathematics branches to value the cost savings and productivity gains associated with learning 10x faster by applying his conceptual compression method.
• At 17, he taught himself Pitman Shorthand from an information enhancement summary he created for the language. By analyzing the nature and structure of shorthand and representing all shorthand symbols and vowel placements on a single diagram no larger than a standard playing card size.
• He became a lecturer in 1st year and 2nd-year Statistics at 18 years of age whilst pursuing his undergraduate degree at Deakin University in Finance (sub-major in Law).
• At University, Ken worked full-time while studying full time and running different clubs for the University (President of Faculty of Business Club at the request of the Dean of Business, President/Vic President of the Tennis, Badminton, and Basketball Clubs).
• In 1991 he was one of three selected from the top 100 mathematicians in the country and awarded an actuarial scholarship from National Mutual and moved to the University of Melbourne to study Actuarial Science whilst working as an Actuarial Cadet at Australian Eagle Insurance, and completing his Finance degree.   He used his various conceptual ideas (such as knowledge compression) in his university studies to attain more than 70 individual assessments of 100%. When he became a lecturer, he taught this method to his students so that they could overcome their fear of mathematics by ensuring they had the correct foundations. He took students who were struggling in mathematics and turned them into A-grade students.
• In 1993 he founded an internet service provider (a year before the Netscape browser was released) and has been involved with running internet companies since.
• He wrote extensively on Knowledge Management and Intellectual Capital Management, and became a Board member of the Governing Council of the US-based Knowledge Management Consortium. He also was the National President of the Knowledge Management Consortium in Australia (1999-2003). He was a contributor to the field of Intellectual Capital Management. He holds an honorary Doctorate from Concordia University for his contributions to knowledge. He was the Chairman of the International Intangible Management Standards Institute (2000-2019) where he coordinated and contributed to more than 30 international intangible standards. He has participated in ANSI / ISO standards process in the United States and contributed to the Standards Australia, Knowledge Management Framework. He was a journalist for Corporate Risk Magazine, CEO IT Magazine (Singapore), and Corporate IT Magazine For 3 years he was the Chairman of the KM Valuation Taskforce (global). He also contributed chapters to the American Society of Training and Development (ASTD) and wrote two books for Academic Press (Elsevier Science).

He has found that wherever he applied his analysis skills, he changes the nature and the level of comprehension in that area. He is an expert in uncovering weaknesses and structural deficiencies in knowledge and thought. He was an early adopter of Intellectual Capital Management, Knowledge Management, Intangible Management, Intangible Finance, and Intangible Economics. He is well versed in management and leadership techniques and theories. He has a broad range of interests and knowledge that covers everything from art to psychology, technology, disruptive technology, mathematics to self-development.

He developed a method of conceptual compression which he detailed in his book Intangible Management: Tools for Solving the Accounting and Management Crisis, Academic Press, 2002, which allowed the words used in the conceptual content of information to be compressed by up to 90% without loss of understanding (enabling people to learn 10x faster with greater comprehension). This book also detailed the field of Intangible Management, which sought to financially report the contribution/value of people, not just their cost. He is best known for his development of Intangible Management, which paved advanced mathematics to value knowledge financially, collaboration, processes, staff disengagement, presenteeism, and other intangibles within a corporate perspective from both a value, risk, and risk and cost perspective. He developed the mathematics to prove that financial performance is always diluted due to the impact of intangible (time-based) transactions. His book gained an honorable mention as a work of exemplary scholarship in the Association of American Publishers (AAP), R.R. HAWKINS AWARD in the category of Business, Management, and Accounting. He is also the author of Intangible Finance Standards - Advances in Fundamental and Technical Analysis, Academic Press, 2005 which highlighted the inherent problems of using metrics and indices as a proxy to intangible value and made applications of international intangible standards to the stock market.

Ken has delivered international keynote addresses, workshops, standards certification, and chaired conferences throughout the United States, Singapore, Switzerland, Hong Kong, China, Malaysia, Australia, London, Europe, Canada, and other countries. In addition, he has a long history of working as a Senior Management Consultant and Trusted Advisor for multibillion-dollar companies in the capacity of a mathematical analyst and problem solver. He also has a long history of running companies at the Chairman and CEO level.

In 2016, on his 48th birthday whilst in the United States, he was diagnosed with brain cancer (glioma) and given 3 months to live, but 1 month until perceptual failure. He flew back to Australia for neurosurgery at Melbourne University Private where a golf-ball size tumor was removed which proved to be atypical benign meningioma through a craniotomy on the 23rd of December 2016. Due to complications with surgery, he underwent a decompressive craniectomy on Feb 2nd, 2017 where a piece of the skull was removed. A reconstructive cranioplasty was performed on the 20th of July 2017.

His work has been cited in academic journals, papers, doctoral dissertations, books, and other publications and he has presented his methodologies at hundreds of conferences worldwide

Ken Standfield

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