What happens if your people go to your competitor?
Your staff will move to your competitor with your knowledge assets.
What if they take others with them?
People have a right to move jobs.
They do not have a right to take your (defined) #secrets and #confidentialinformation with them.
They do have a right to take your ‘secrets’ and ‘confidential information’ with them if you have not captured, listed, marked and protected and made it very clear to your employees that they are #classified and are therefore to remain within your business!
Your role in this is to make sure you complete these steps before your employee(s) leave; because retrofitting just does not do it.
The challenge is that no one person in your business has responsibility for this. Responsibility falls in part with: business line, HR, IT, Legal, IP, cyber and risk.
Therein lies the problem it is like addressing an action email to seven people at once and expecting them to take action. They don’t because it is easier to hide behind leaving it to someone else.
Your #tradesecrets, #confidential information and #knowhow are valuable but unrecognised assets!
Will you wait for the employee(s) to leave to join your competitor(s) ?
Or will you do something today?
Microsoft just played 5D chess and won the whole OpenAI business (well it’s people – which is actually the business)
Following the firing of Sam Altman CEO, 505 of 700 OpenAI employees told the board they would resign and move to MSFT if the entire board didn’t resign!
I am John Pryor making IP accessible and valuable for your business.
WEBSITE: https://exaltip.com
CONNECT WITH ME: EMAIL: john@exaltip.com
LINKEDIN: https://www.linkedin.com/in/john-pryor-gb/
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JOHN PRYOR: I am John Pryor, I am a strategy consultant focussed on intellectual property and dedicated to supporting people and business to make the best use of all available IP to compete and win in the marketplace.
My aims are to maximise people’s understanding and to help develop their skills, so that they can deploy IP in their business successfully and cost effectively, to help achieve a higher valuation.
Book: The Innovation Handbook, 2nd Edition 2010. chapter: How to maximize the value of your intellectual property.
ABOUT THE VIDEOS: In these videos I explain some of the most important aspects of intellectual property in ways that make it relevant and accessible to business people.
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