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Intellectual Property is a key barrier to entry. IP is only as good as a company's willingness to protect it. There are proactive and reactive strategies that must be employed. Most management teams believe that IP is a function of patents, trademarks and copyrights. Each management team needs to ask if they give away company confidential information because of the way employees, customers and vendors are interacted with.
In every instance we have uncovered, management doesn't treat IP as one of its key resources. As part of Group50's Company PhysicalT, we have developed a companywide audit of business practices that influence how well a company protects its' IP. We look at:
- Methods of utilizing patents, trademarks and copyrights
- Documentation
- Systems
- Employee training and communications
- Internet policies
- Purchasing policies and processes
- Marketing policies and processes
You may want to take a look at our latest publication on protecting a company's IP here.
After the audit, we will provide you with a report of our findings in each of these areas. This report will provide you with a documented performance summary of your company that can be utilized in the future for managing the business. Included in that report will be a set of recommendations on areas for improvement and other opportunities.. The report will provide you the basis for developing on-going and sustainable continuous improvement systems in your operation. For more information, drop us a line at info@group50.com or call (909) 949-9083 anytime. |