"IP Value" Map The second test is to evaluate the application using the “IP Value Map” figure (also more completely described in previous posts). This second mapping is done by comparing the proposed patent application to other similar prior art, and commercial products and services known to the project team. Again new patent [...]
"Use" Map The first test is to evaluate the application using the “Use Map” figure (more completely described in chapter 13). This mapping done is to ensure the new patent application’s relevance to the corporations mission vision objectives. This proposed patent applications that map into the upper left-hand quadrant of the decision matrix [...]
Best practices in patent portfolio management are dependent on a number of factors, including the industry, technology, company, and personal risk tolerance. But by examining historical behavior, it is possible to find some commonalities among them that provide good general rules to go by. For overall portfolio management see the section in Chapter [...]
Funnel Map Technique for Tracking Projects When looking at a portfolio of projects another useful project tracking tool is shown in the “Funnel Map Technique for Tracking Projects” figure. In this figure projects are placed on Post-It notes in hardcopy, or text boxes in softcopy, according to the Stage the project is in. [...]
Another approach to tracking projects is to use a linear sequence of steps that takes into account however the barriers and enablers associated with Project surprises. First a game board is constructed as shown in the “Snakes and Ladders Approach to Tracking Service Projects” figure. This is especially useful for projects which are [...]
Project Tracking Example – Manufacturing Tool Development The “Project Tracking Example – Manufacturing Tool Development” figure provides an example of what a real project looks like. It is being tracked monthly. Each point where the curve jogs is a monthly review point. This particular project started out with strong accomplishment of sales and [...]
As projects move from ideas to commercial success they do so by passing specific technical, manufacturing, sales, and marketing milestones. Passing these milestones does not necessarily happen in an orderly and timely manner. Sometimes a week or month will pass with little or no progress and other times many hurdles are passed easily. [...]
Gate Evaluation Form When a project comes up for a Gate review the attendees should be the project team, the advisory group, and the personnel responsible for project governance. During the gate review the gate questions are reviewed and answered by project team members. These questions were outlined in previous posts. As the [...]
Stage/Gate Process Steps The stage/ gate process as shown in the “Stage/Gate Process Steps” figure and described in chapter 12 contains project reviews that determine if and how a project continues to obtain funding and resources. Giving high-quality feedback during these review sessions is critical to make sure the project ends up with [...]
Innovation Framework Another segmentation method is using either the stage and gate funnel model or the agile / lean innovation framework model. In the ”Innovation Framework” figure, ideas move through problem-solving and business model generation onto commercialization. One of the great things about having these frameworks that map an idea’s journey towards commercialization [...]
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