Sunday, August 3, 2008

Protecting Intellectual Property

Managing Intellectual Property provides a checklist of finance, legal, IT, and HR tasks to consider for protecting intellectual property:

  • FINANCE TASKS
    • Inventory all intellectual property
    • Prioritize an action plan for correcting deficiencies and reducing risk
    • Consider insurance strategies

  • LEGAL TASKS
    • Have basic agreements in place and ensure they're used

  • IT TASKS
    • Have a secure IT network and computer systems
    • Have robust data retention policies and procedures

  • HR TASKS
    • Ensure employee handbook and personnel policies provide guidelines for protecting IP
    • Establish physical procedures
    • Establish systems and additional safeguards
    • Ensure the training and education of all employees on all aspects of IP and protection thereof

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