James E. Malackowski Joins LES Standards Development Organization Board
Ocean Tomo CEO James E. Malackowski recently accepted invitation to join the Standards Development Organization Board of the Licensing Executives Society (USA & Canada) governing voluntary consensus-based professional practices that are guided in their development by the American National Standards Institute’s (ANSI’s) Essential Requirements. LES standards are designed to encourage and teach consensus practices in many of the business process aspects of intellectual capital management. The LES Standards Board is drawn up from the very best minds in the Intellectual Property management community.
“As intellectual property matters extend globally and aggregate within technology platforms, the role of standards is essential to effective management of these important assets. I am proud to once again work with LES leadership on this industry leading effort” notes Malackowski.
Eight standards sub-committees have been established by the Board, creating working groups, to draft standards in the following areas:
- ISO/TC 279 Innovation Management, advancing best practices in innovation management and ensuring coherence and alignment with existing management process standards
- IP Protection in the Supply Chain, providing a management system approach and controls for organizations to augment the typical legal means used today for protecting IP between organizations
- FRAND Licensing, creating an industry-wide, business process standard for businesses and professionals engaged in licensing standard essential patents on fair, reasonable and non-discriminatory (FRAND) terms, thereby reducing transaction costs and management expenses
- IP Licensing, developing a standard for parties’ interactions in licensing intellectual property, thereby enhancing efficiency and trust and reducing the need for additional litigation and legislation and regulation in this field
- IP Management for Startups, developing a standard that is intended to enhance the value of early stage enterprises (at funding and at exit), reduce IP risk, and reduce costs for entities that adopt and practice the standard in connection with securing and protecting their intellectual assets
- Intangible Assets in the Boardroom, creating a standard for boards of directors to enhance value and mitigate risk associated with intangible assets
- IP Valuation, providing a multi-tiered, scenario-based standard for selecting and applying IP valuation approaches for a wide variety of situations
- IP Brokerage, creating transaction-centered business process requirements for agents, buyers, and sellers of IP assets.
“My work at Ocean Tomo has touched each topic on which the Board has a pre-existing committee. I hope to add my experience, which includes work as advisor to both IP owners and those considering IP acquisition or license. In addition, I plan to share with the Board new areas that are becoming critical topics requiring community input such as value apportionment, blockchain smart contracts and cross-border tech transfer with emerging market economies.”
Prior to his new role on the LES Standards Board, Jim has been President of both LES USA/Canada and LES International. At LESI, he created the Global Technology Impact Forum as well as the President Council. He has served numerous LES committees spanning more than 20 years, including as Chair of several annual and regional conferences.
For more details on the work of the LES Standards Development Board see:www.lesusacanada.org.