“…fools are able to ruin a friendship but wise people know how to profit even from enmities.”
You can do business so as to avoid bumping into other companies, or you can focus on your goals (and your strategy) and realise that inevitably, you are going to annoy others.
You can believe the mantra that patents are evil, or you can invest in protecting your inventions so that you can extract maximum value from your hard work.
You can stand on your soapbox and yell about trolls or you can spend time analyzing the vulnerability they expose in your business.
If you receive a threatening letter from a competitor is it better to let emotions rule or stop and consider the weakness in your position that they are aiming at and how you might remedy it?
You see, where an enemy attacks is a weakness that you can now fix. There are many shortcomings that an enemy is quick to perceive. This is one reason why I run war games for clients.
A world with strong competitors is good – with no enemy to fear or compare to you have to be even more careful.
[Photo Credit: kaibara87]
A number of you would have guessed by now that I decided a while ago that I should return to being a solo consultant.
As the firm got bigger, I found that looking after the team pulled me in a direction away from a place where clients are clearly first, and I also became so busy that I had less and less time for clients. Over recent years we have been working back towards a solo consultancy in a carefully thought out process.
So the firm will soon be back where it should be – a solo consultancy. I will miss the team of great people that previously made up Think IP Strategy (though I am delighted to be maintaining these friendships). I will continue to collaborate on various levels with a number of them too.
Going forward, though I will be rebranding back to Duncan Bucknell Company and you’ll notice a few things in that vein as I work through the process of the rebrand. (When I get time between looking after clients, of course.)
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Using an old tactic, Procter & Gamble will reduce the number of products per package to increase profitability. (‘downsizing’)
According to the WSJ, this is in an attempt to recoup costs of innovation without increasing per package price for consumers in these difficult economic times.
Does this have anything to do with IP Strategy?
Strategy is about achieving objectives, and whilst you need to adjust your strategy from time to time, it can be pretty hard to achieve what you set out to if the business alters key assumptions along the way.
Here we have a brand built on the message of quality and backed by a large IP Estate.
What message are you giving to consumers who now get less diapers in that brand they trust and always buy?
If you’re that in-house IP Strategist, you may not have any input on whether such tactics will be used, but you may be involved in optimising the strategy from the IP perspective.
Perhaps it would be good to ask why are we adding expensive technology in a price sensitive market?
Perhaps we should deploy the new technology with a different strategy?
For example, perhaps it would be better to give people a choice. Consumers can purchase the same product with the older technology and pay the current price, or, if they want the improved performance, they can pay more for it. Clearly there are some IP Strategy opportunities right there – the new sub-brand for the higher performance version, etc. (Perhaps even use a three tiered approach.)
Another approach would be to take another look at innovation designed to lower manufacturing and other costs that are built into the product.
What would you do?
A quick personal note to apologise to our faithful readers for the lack of posts from me on this blog recently.
I am currently travelling for a year with my family. While I’m keeping up with clients and their needs, as always, I don’t have as much time for other activities, like getting out to conferences or this blog.
I have some ideas for thought-provoking posts and will get them up here as soon as I can.
The team at Think IP Strategy created their list of top IP mistakes. We’ve listed them here for you and we’ll give you a more detailed post on each and everyone.
What would you add? We’ll happily do an extra post on any new ones you suggest.
(They are in no particular order, because as you know, that depends on context.)
6. Infringe IP
10. File Too Late
50. Fail to lead
I received a great question at an IP strategy training course I taught. The question was about the difference between a strategy, a plan, and a process. It came about because while we expect on paper most people could match these three words to their appropriate definitions, in practice, they get confused. So to address the definitions in practice, I thought it might be fun to examine their purpose for their employer.
A strategy is a solution to move from where you are now (A) to where you want to be (B)…or put another way, it is what you want to happen to achieve an end. Strategy is a class of solution that deals with uncertainty – the possibility that opposing forces may inhibit you reaching (B) or reaching it in acceptably good form.
A strategy should raise the probability that its employer will reach (B) in good form. It does so mostly by creating conditions that favor success. For example, a strategy can be that you will only support businesses where you can be a first or second tier player, where your objective (B) is to build a product solutions portfolio that fits that defined nature. Building a portfolio of first or second tier only product solutions is what you want to do. It is a solution to a problem associated with running a type of business that you determined third or less tier product solutions will not support. Your strategy does not specifically say how you will arrive at this end. That is where your plan comes in.
A plan is how you will move from (A) to (B). As such it should support your strategy by providing a way to reach (B) that provides an acceptable balance of risk and reward. So your strategy is what you want to do and your plan is how you will do it. For example, you may decide as a strategy that you need to acquire lots of patents in an area to help you maintain freedom of operation, and then your plan is how specifically you will do that…R&D, acquisition, license, etc. This is, of course, oriented on the level of organization you are dealing with. Company, divisional, team, and personal plans and strategies take place simultaneously, which creates issues of alignment that we can cover in a future post.
Understanding the difference between a strategy and a plan allows you to make useful strategic planning decisions that separate the two. It allows you to act in line with General George S. Patton’s insightful quote, “Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity.” You can include statements of intent within your planning so that when plans go wrong, which they often do, people can adjust their how-to-do-it (the plan) in a way that makes sense with what you want them to achieve (the strategy).
A process, in contrast, is a defined way of doing a task. It can be a linear in nature – do A, then do B, then do C – or it can have branches – do A, then B, and then C or D depending. A process sets strict parameters to the “how” that can, if misapplied, allow the “how” to take priority over the “what.”
Since a process is so anchored in the “how,” it can never be a strategy. If used well, a process can be an essential part of a strategy. For a strategist, the chief purpose of any process is to drive out uncertainties that do not need to be there within a plan. For example, no matter the strategy and plan you chose regarding IP, you want to anchor that strategy and plan on good IP. As a part of a strategy and plan you can set processes in place for idea review, documentation, and protection that assure you will have the quality of IP protection you need as circumstances arise. Then you can address all the uncertainties of what competitors, partners, and customers may do to challenge or advance your IP portfolio without also having undue uncertainty about whether you can present good IP documentation when you need it.
So when you do strategic planning for IP, you and consulted team members first determine what you want to do – your strategy. You next determine or appropriately delegate how you want to do it – your plan. You and your team then look at all the uncertainties associated with your strategy and plan with the mindset to drive out those uncertainties that do not need to be there. To drive out uncertainties, you may incorporate processes – often as simple as checklists – so that those executing your strategy can focus their talents where uncertainty remains. You do all of this in context with your opposition because you can win or lose any strategic contest on any or all or your strategies, plans, or processes.
Image credit: Hemera
It doesn’t really matter how strategic you think you are, if you can’t access a pragmatic and clear construction of patent claims, you’re in trouble.
While patent terms always come back to the context of the specification itself (and the file history in some countries), Oxford’s Thesaurus of Claim Construction is a very handy addition to your armoury if you need to get to grips with patent claims. Co-authored by Stuart Soffer and Robert Kahrl it provides a very useful set of alternative constructions of words and phrases with citations from US patent cases and brief commentary.
This two volume set also has insightful sections on means plus function elements, design patents and how to determine what ‘ordinary skill’ really means in the context of the patent you’re looking at. With an index that runs to over 200 pages, it’s also easy to find everything.
From all of us at Think IP Strategy, we wish you peace and joy this Christmas and we hope that 2013 holds much happiness and many successes for you!
Image credit: Y0$HlMl
Guest post by Robert Cantrell
R&D planning is a misnomer given the truth that no plan survives first contact with adversity. R&D involved experimentation, which essentially means to try something and see what happens because you don’t already know for sure. So really you do not plan R&D much beyond setting a budget and a commercial direction on which to orient some of that experimentation. To illustrate, one of 3Ms commercial directions is to build superior adhesives. There will be considerable thought put into how to do this inclusive of adhesive characteristics that management would like to have and sell. There will then be some deviation on the actual results obtained during experiments, but it will likely align with the direction of superior adhesives. What the company wants is superior adhesives with differentiators at the point of sale that make a product better, faster, or less expensive. How specifically R&D delivers on that is not necessarily the most important part as long as commercially valuable differentiators exist and the results generally carry the company along toward where innovation in the field will go in the future. Differentiators at the point of sale, the innovative path, and commercial viability all work together in a product solution that enhances the customer experience on receiving given benefits, all of which are protected by a network of IP to secure the rational and emotional elements of the product solution that matter.
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