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Mergers and Acquisitions are a key source of strategic value in business. You can make an enormous contribution to M&A. Its a simple thing to set up a scan for valuable technology and IP using standard databases. Stay in touch with the M&A team, understand what they’re looking for today and help them find it. If the deal is on, you will have a head start on the due diligence process, and… Read More
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Whoever has the best information is most likely to succeed and on their own terms. It is difficult to overstate the importance of high quality information to the development and execution of world class IP Strategy. The best IP Strategists are keen practitioners of competitive intelligence and analyse a wide variety of information. I use checklists of information sources tuned to different kinds of issues – some are free, some paid and… Read More
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It’s all very well for external consultants to talk about what’s needed in IP Strategy. Most IP Strategy is done in-house, with internal clients and with considerable personal risk. Here are 6 qualities we’ve noticed in those operating at a very high level as in-house IP Strategists. Thank you to those brilliant internal IP Strategists that we work alongside. They make decisions Uncertainty is everywhere in IP Strategy, particularly for those faced… Read More
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Category: Corporate Strategy, Product Strategy, Strategic Management Tags: Enforce IP - Philosophy & Approach, Increase Value - Relationships, Insights from IP - Intelligence, Insights from IP - Share Information, Manage IP - Value based effort, prod, Product Strategy - Lifecycle Management, Pursue Excellence - Build Capabilities, Pursue Excellence - IP Coach on call, Pursue Excellence - Manage Intelligence, Reduce Risks - Analysis
Perception, and emotion drive behaviour, whether you like it or not. I was vividly reminded of this when I walked in to an accident scene not so long ago. A number of very clever (but tired) people were there, one of them with a nasty wound from an accident, blood all over the floor. Everyone seemed a bit frozen, doing things, but there was a distinct lack of calmness in the air…. Read More
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Category: IP wars, Product Strategy Tags: Develop Internal IP - Focus Efforts, Enforce IP - Philosophy & Approach, Increase Value - Relationships, Insights from IP - Share Information, Manage IP - Value based effort, Product Strategy - Integrated, Product Strategy - Lifecycle Management, Pursue Excellence - Build Capabilities, Pursue Excellence - Integrate into Operations, Pursue Excellence - IP Coach on call, Reduce Risks - Commercial Engagement
They are legal rights, so why not treat intellectual property as purely a legal issue? First, the role of most legal departments is oriented around defense and risk reduction. While defense is important, no doubt, there is a good chance that treating IP as a purely legal issue will set yourself up with an unsecure defensive position – given that the IP portfolio may not align with the business strategy – all… Read More
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Category: Corporate Strategy, Global IP Strategy, Strategic Management Tags: Develop Internal Intellectual Capital, Develop Internal IP - What When How, Enforce IP - Philosophy & Approach, Increase Value - Relationships, Insights from IP - Share Information, Manage IP - Value, Manage IP - Value based effort, Product Strategy - Integrated, Pursue Excellence - Integrate into Operations
IP is a source of great value for our organisation – keep in touch with the IP function. Messages around IP successes can really leverage our success in the market. You have to be very careful about what you say to the world, but when you get it right, you can sing it from the rooftops… Having said that, messages around IP enforcement successes have to be very carefully managed – we… Read More
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Category: Corporate Strategy, Product Strategy, Strategic Management Tags: Increase Value - Marketing, Increase Value - Relationships, Insights from IP - Share Information, Manage IP - Tracking, Product Strategy - Integrated, Pursue Excellence - Integrate into Operations, Pursue Excellence - Manage Intelligence, Reduce Risks - IP Security
Well sometimes it is. But what is the most important department though? Sales – because without $ coming in the door it’s all for naught? Business development – you need deal flow to keep the company going? Legal – to avoid risk (come on…) … Whatever it is – IP should be thinking hard and long about ways to support and make that department’s job easier / better / more effective. [Image… Read More
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Failure to leverage outside innovation may seem inefficient, but it may be fatal over the long term for organizations that do not prudently use this strategy. Interactions with other people tend to lead toward growth whereas isolation tends to lead toward decline. This is why a key step to weaken and then eliminate an adversary is to first isolate that adversary…think castle siege, embargos, political labeling, or a wolf separating a deer… Read More
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Category: Global IP Strategy, Product Strategy, Strategic Management Tags: Develop External IP, Develop External IP - Acquisition, Develop Internal IP - Focus Efforts, Develop Internal IP - Patents, Develop Internal IP - Reduce Costs, Enforce IP - Philosophy & Approach, Increase Value - Deal Making, Increase Value - Get to Market, Increase Value - Relationships, Insights from IP - Analysis, Insights from IP - Intelligence, Insights from IP - Share Information, Manage IP - Value based effort, Pursue Excellence - Manage Intelligence, Reduce Risks - Analysis, Reduce Risks - Commercial Engagement, Reduce Risks - Freedom to Operate
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