Posts Tagged: "C suite"

Four Things C-Suite Executives Need to Know About Patents

Executives that have decision making capacity within any innovation-based organization, whether a young startup or a Fortune 500 corporation, almost universally have little or no familiarity with patents from a legal perspective. Sometimes these leaders also have little familiarity with science or technology, and are hired because they are particularly adept in leading a rapidly growing company with hopes of an initial public offering (IPO), or because they have shown a particular facility with raising ever increasing rounds of capital from investors, or for their ability to make returns to early investors on their capital investments. Whatever the case, after a high-tech startup has outgrown the founders as being the top leaders in the C-suite, it is commonplace for the top decision makers in those high-tech companies to be far more familiar with the business and marketplace realities facing technology companies than the actual science and technology that made them high-growth darlings in the first place.

Do You Know Why You’re Doing What You’re Doing for Your Clients?

In patenting, one size does not fit all. There are many clients and there should be as many strategies, and those many strategies should change as the needs and ambitions of your clients change. Each client has unique business objectives. A patent strategy should be conceived to support and achieve those objectives. How does this occur? 

Myopia in the C-Suite is Wrecking America’s Patent System

Few Chief Executives are really stewards of their corporations as if the corporate entity will live past 3 to 5 years, which is why so many in Silicon Valley, for example, have spent so many millions lobbying to destroy the American patent system at a time when virtually the entire rest of the world is doing the exact opposite. Unwilling, or perhaps unable, to devise a strategy to deal with frivolous lawsuits these shortsighted Chieftains have taken aim at the U.S. patent system, and at the same time taken aim at their own substantial patent holdings that were acquired for important business reasons — business reasons they obviously do not comprehend or they would be making very different decisions and taking a very different approach.

How Can More Lawyers Become Tech Company CEOs?

Most CEOs won’t make a move without first consulting their general counsel or other legal adviser. But the general counsel seldom rises to the CEO spot. Why is that? Many corporate counsels work in large companies where each department—including legal—has very specific responsibilities and boundaries. Therefore, it’s harder for attorneys to get involved with key business, non-legal, initiatives that could demonstrate C-level potential. But the path from general counsel to CEO is becoming a lot more common.