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Article Title:
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Safeguarding Intellectual Property
Article Description:
====================
Every company has Intellectual Property (technical and practical
knowledge) that is a critical component to its future. Your
company standard processes may not even identify a method to
capture Intellectual Property (IP) or define what IP is.
Retention and definition of IP is key to your product and market
place profitability; take a look at your situation.
Additional Article Information:
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524 Words; formatted to 65 Characters per Line
Distribution Date and Time: 2006-07-07 10:00:00
Written By: Kent Jacobson a.k.a. Mr. Success
Copyright: 2006
Contact Email: mailto:shortcut2success@gmail.com
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Safeguarding Intellectual Property
Copyright � 2006 Kent Jacobson a.k.a. Mr. Success
Shortcut 2 Success
http://www.Shortcut2Success.com
Every company has Intellectual Property (technical and practical
knowledge) that is a critical component to its future. Your
company standard processes may not even identify a method to
capture Intellectual Property (IP) or define what IP is.
Retention and definition of IP is key to your product and market
place profitability; take a look at your situation. More often
than not, the IP is isolated in the minds of your technical
staff, scientists and senior engineers and tenured technicians.
These IP people are not paid to document or capture their
intellect, let alone reproduce in an understandable format unless
formally queried and reviewed by senior management. Initiate
action today to address your company's situation if there is a
shortcoming in this area.
Often there is no standard procedure to capture the IP in a
documentation format, thus it is not reproducible and has the
high risk potential of becoming lost or worse, transferred to the
competition! In today's market place there is a high probability
of knowledge networking at trade shows, seminars and technical
subject matter symposiums. Do you honestly think every person
asking questions is a consumer? I do not think so, wake up or you
will loose your IP edge. Don't think this is true, just look at
the competitions products 3 months after a trade show, see any
similarities?
Where to begin is simple, your technical director should have a
couple of standard process's outlined for defining to the staff
what IP is and how to capture it. Most companies have engineering
journals that are company property and issued to every new hire,
but where this process falls short is in the use and
implementation. If your chief scientist has been with the company
20 years, just thinks how may journals they might have filled out
in longhand, read any Rx prescriptions lately? The journals are
probably not cataloged or indexed that would allow easy
identification and research of topics, or even kept in a common
storage area or library. It is not too late to start reviewing
how your IP personnel capture this technical data. Just ask a few
questions to get an idea, it should not take long and the results
my startle you.
If you are paper rich and organized poorly, one method may be to
electronically scan the pages into archive database that can
readily be indexed, searched and identified. Yes, this method
will take some work and possible equipment purchase, but in the
long run company IP survival is worth it. You may task you
technical staff to organize their own journals, and of course
look at the procedures when journals are issued. The first step
should be with the issuance of journals and assuring there are
formal steps that identify and implement how IP it to be
documented and captures so the company does not loose any more
time.
You will know how to best address your situation, if you have a
formal method in place that is working great, many companies do
not. Do not let the isolated IP become lost, act today, good luck
and I hope you are successful in your endeavors."
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Kent Jacobson, a.k.a. "Mr. Success" is a trusted authority in the
success field and provides valuable success information for free
through his website at: http://www.Shortcut2Success.com . You can
also read Kent's Success Blog to find more success secrets at:
http://www.Shortcut2Success.com/blog
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