Andrew Cooper
Appearances
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
That is our nature as human beings. We're tinkerers by nature. And as a result, we are also very greedy as humans. We want to protect those things that we create.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
These key pillars of being an organization that's open makes employees perform better. What I have found just as an employee, sometimes there can be a sense that we are creating walls between each other where walls don't need to exist. And so when we segment ourselves rather than creating the places where we can connect, there's a different feeling.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
So building bridges, opening doors, creating places where people can connect and embrace shared humanity become really important. And I think a lot of it stems from my experience during the pandemic, because the truth is, it seemed like the world changed, but the world didn't change. I think we changed.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
I think people, since we were all going through the same thing at the same time everywhere, people started asking questions like, do you really care about me? Does this organization care about me? I know the things that are really important to me now. They're things like family. And so we've just, we had this complete reset on the things that matter. And so-
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
What I'm bringing forward is that that caring has to be first and foremost. And when people, when you lead with caring, when you lead with systems that are welcoming, that create connections rather than create barriers, you tend to have more effective and high performing teams. That's huge.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
I do want to go back a little bit to operationalizing some of the things that we talked about from an intellectual property side. How do I go about best practices in securing my intellectual property rights? A few pointers, a few strategies for small and medium-sized businesses. First, conduct audits. regularly review and document the IP assets that are available to you.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
While at Emory, I did a few internships, one with the Coca-Cola company, and that's really what started me down the path of IP, really exposed me to the concept speed of innovation. And for companies like Coca-Cola, innovation is key to them staying at the head of their industry. And it should be something that small business owners think about as well.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And, you know, talk about patents, trademarks, copyrights, trade secrets, even designs, right? So patents come in utility and design flavors, designs, you know, how something looks. So look at your, talk to your team, again, within the context of an open system, bring people together, regional whiteboarding sessions, actually going to
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Folks who you know within your organization that have great ideas and say, hey, we want to just sit down and put some of these ideas on paper. That's the first step in going about securing those rights that you're looking to secure. And do it regularly. Like if it's quarterly or yearly, that kind of thing. And keep a book.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Sometimes in the old days when I started practicing law, people would ask, hey, where's your IP book? Where's your patent book? And it's just a record of those ideas that have been captured. The second thing is to register your intellectual property. Now, there's some IP that you have protection from the minute that it's created. So copyright, for example, you create a story.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Say you're a content company and you have story writers. The minute that they put pen to paper and they create that story, there is copyright protection. But there are other ways of registering that IP. You can register a copyright once a work is completed with the Copyright Office. You can file a patent application to protect an invention.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
These are things that you should do because they create enhanced protections for you. Sometimes they are notice protections that puts the world on notice that you are the owner of this thing. And sometimes they're enhanced damages protections.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
So if someone does steal your IP or copies your work, you are able to get sometimes three times the amount of damages as a result of you just registering your intellectual property. Thirdly, I really encourage small businesses to engage in NDA practice, and that's non-disclosure agreements. Create a standard non-disclosure agreement and use it routinely.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Put NDA provisions in your employee agreements when they onboard. And ensure that they are, they're time bound and they're reasonable. They relate to the work that the person is doing. And that's just with employees, but also with vendors. I should also say, when you have vendors, they're coming onto your property.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Make sure vendors have NDAs because, you know, your vendors walking through, they, you know, people might have confidential information sitting on tables or desks. And it's very easy these days to just snap a picture. with your cell phone of confidential information. So make sure that your NDAs are in place and are protecting your information in that way. Monitor and enforce your IP rights.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
An IP right is no good if it is not protected and enforced. So if you have copyrights, ensure that you are sending cease and desist letters when you believe someone is infringing, that you are engaging with competent counsel that can negotiate either the takedown of things that are infringing.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Ensure that you are looking and policing because what ends up happening is there's a theory in the law that if you don't protect your rights, you lose your rights. So if you, for example, know that someone is infringing your trademark and you don't do anything to enforce it, well, if you go for a sufficient period of time without doing it, you may lose some protections.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
So really look at monitoring enforcement programs. The last two things I would say. One, educate your employees.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
So training employees on the importance of IP and best practices in protecting it can go a really long way to ensuring that you have a strong brand in the minds of consumers and that you're also keeping the value high on your products and your confidential information, your data, your systems. We at UPS, when I was working there, had routine trainings on this stuff.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
After leaving Coca-Cola, I went to practice law at Shook, Hardy & Bacon in the patent litigation group. Moved from there to UPS. I was the vice president of UPS, the chief IP counsel there, and worked for UPS Airlines. So my UPS history was about seven years. And then I transitioned from UPS to Meta Platforms, which is where I am now. And I am the head of patent acquisitions.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
It also goes a long way in just ensuring that people know when they have created something that's worthy of protection. And I've seen this many times. You've got people out in the field. They're working in an operating environment, a warehouse or a factory or something. They come up with some fix to a problem that is just a practical fix because they are necessities of mother of all inventions.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
They have created a unique, efficient way of doing it. And nobody knows about it except two or three managers inside that factory. And it could be a solution that every factory could use and create economies of scale. And we just don't know about it because employees aren't educated in who to contact when they come up with something that's good like that.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And I guess the last thing I would say is implement security measures. Use technical measures like encryption and access controls to safeguard your IP and your data. This is really important when it comes to trade secrets, because trade secrets, if they're not protected, they can be lost. Typically, if you lose a trade secret, the
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
damages are so incalculable they can't be they really can't be recovered because the idea is only a few people know the trade secret and if more people know the secret then it's really it's invaluable anymore you know the ultimate trade secret many people think about is like the coca-cola formula for coca-cola right at ups we also had um we had a system called orion it's the reason ups package cars only turn make right turns it so it's there's there are uh wait are you allowed to talk about that did you sign an nda
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
No, I cannot tell you why. But there's really important safeguards that you can put in place to protect that kind of stuff. Creating processes that block access to things that are critical to the organization are important for the value of the IP itself and your ability to recover if anything happens as a result. Super helpful. This is fascinating. Does it get old to you? No, it doesn't.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
It doesn't get old because every single day people are creating new and amazing things. That is our nature as human beings. We are just so we're tinkerers by nature. And as a result, I will always have a job. So I'm very grateful for that. But we are also very greedy as humans. We want to protect those things that we create. We want to generate value from them. And so that also is a motivator.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
I know many companies that provide cash incentives to their employees when they come up with great ideas or they get – a patent. There's also the ability to generate revenue as a result of just having intellectual property. So there are companies that do nothing but license the things that they have created. So there's the licensing revenue that can come from it.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And of course, from a trademark perspective, just the mere fact that there are brands, if you see their logo, you know that it's going to be a huge check associated with it. But Creators across all industries are starting to realize brand value is being really, really important and something that can bring a lot of financial reward. So I continue to be enamored with the field that I'm in.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
With the revolution in AI, we are seeing a new burst of creativity and innovation happening. And that is also very interesting to see how things are developing and changing in such rapid succession. There's a book by a man named Azim Azhar. It's called The Exponential Age. And he talks about how we are moving so fast.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
that we will the society will almost be unrecognizable 15 20 years from now we'll look back and say my gosh do you remember when we didn't have tires that don't have air in them and do you remember when we had cars that were combustion we don't have cars with combustion anymore i mean heck i can remember back when i was a kid and i had you know uh one of those t floor set tvs with the the antennas sitting on top and everything was kind of analog and grainy and now you know
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
I also do technology transactions, open source, and AI work for Meta and Mark Zuckerberg.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
my computer screen is is three times as efficient and clearer and you know it's just things are things are changing rapidly for us and that also just makes the practice of ip law very exciting well your excitement and passion for it definitely comes through this has been super interesting thank you so much absolutely it's my pleasure and thank you very much
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Yes, Walterboro, South Carolina.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Oh yeah. So I didn't even touch on Okinawa, but yes, when I was nine years old, around nine years old, my dad was stationed in Okinawa, Japan, U.S. Marine Corps. And so we moved to Okinawa, Japan. We were there for four years. A lot of my formative kind of relationships and formative years were there in Japan. We stayed on base, went to Department of Defense schools and opened my eyes to
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
The importance of working with people from all walks of life, all backgrounds, that core value, I think, in organizations today is really important. I also talk about this in the book, the importance of building open systems. That's organizations that are able to assimilate information from various centers of innovation and to incorporate those really quickly into products and services.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
The organizations that we build today in the United States tend to be hierarchical. They tend to be pyramid structures. Better organizations, future organizations should be more like a biological cell where you have lots of information coming in and being assimilated and worked through and finally incorporated into the organism. And those things that are bad, you kind of kick out.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And those things that are good, you make a part of the system. And that really, I think, started my journey and thinking about open systems, diversity and inclusion and how to make organizations stronger.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Yeah, absolutely. So intellectual property is really the intangibles around your business that make it what it is. So when you think about a name, a brand... human-generated content. These are things, anything that comes out of the mind of humans can be protected in intellectual property, anything that's affixed in a medium.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
So if you are an artist and you conceive of an artwork or design or a painting and you put that onto canvas, that can be protected. Companies, small businesses, big businesses, they tend to focus on products and services. They tend to focus on what am I selling and protecting what I'm selling. But behind that are rights that need to be protected.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And when they're not protected, you run into issues where people can steal products. And people can copy. So IP is integral. It's part and parcel of running a good business. So when I worked at Coca-Cola, one of the very first cases that I had to work on was an inventorship dispute. And at issue was a patent, a novel patent.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
gas barrier additive that coca-cola included inside of its plastic bottles that extends the shelf life of carbonated drinks so if you come up with this amazing container that can keep sodas really fizzy for a long period of time that would be protected by the idea of patents
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
On the other side of that, you have trademarks and trademarks are really, really powerful because they indicate source of something. A really strong trademark is Apple, for example. So an Apple, it's a fruit, right? But in the context of technology, Apple is a company and a company that makes really great products. And anytime someone sees something,
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Apple logo or they see the word Apple on technology, they know where it comes from and they associate a level of quality with it. So trademarks are really important. And when I was chief IP counsel of UPS, one of the largest assets that sits on the book of business are the brands, the logos, slogans that indicate the source of the good, because there's enormous goodwill that comes along with it.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Some lesser known but really, really important forms of IP today include copyrights. With the advent of artificial intelligence, these AI systems are trained on content. And content is generated primarily by people. And so if you were an author and you write a book, that content is protected by copyright.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And so to prevent others from taking it and using it in ways that you would object to, it's important to protect those things. And companies do these. They create white papers and research and things like that all the time. So it's really important to protect that. Probably the least known and least used form of intellectual property is trade secret. And trade secrets can be so, so powerful.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
They're know-how. They're confidential business information that gives you a competitive advantage that other companies don't have. So if you are a small business and you have a way of collecting data and you hold that data and no one else has that specific data set,
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
or you know a way of doing something that is better than the way other people do it, that's a form of knowledge of intellectual property that can be protected.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
You had a process, a sales process that's different and unique and provides you a competitive advantage that other people don't have. You can protect that as a trade secret.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Yes.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Yeah, I mean, non-competes and non-solicitation are more on the side of employment law. They really deal with communications with employees that leave an organization and what they can and can't say to folks who remain inside that organization. So from a non-solicit perspective, you can't go and try to pull or entice other employees from where you're leaving.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
On the non-compete side, it's adjacent to IP in the sense that the idea is you have developed some level of knowledge that is unique to an industry. And if you were to leave a company... the same industry and go to another company that is a competitor, you may take that knowledge with you into the competitor's shop and use it in a way that is detrimental to the company that you're leaving.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
So it's adjacent to IP because it does deal with know-how. And there are some rules about what you can restrict from the perspective of a person that is covered by a non-compete. So information that is derived from working within an organization, just as a result of you being there, you've developed a level of expertise.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Typically, you're not supposed to prevent someone from leveraging their expertise in order to earn a living, especially if it's in a market that's really small, like a duopoly. Going back to the Coke example, you get Coke and Pepsi, very large competitors.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
A non-compete that is so broad that would prevent any Coca-Cola executive from moving over to PepsiCo and not being able to leverage just their generalized skills as a lawyer or a scientist or a salesperson, those would probably run afoul. And of course, this is not legal advice. You'd have to check with a lawyer. I My experience has been those typically don't fly.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
I'm well. How are you, Stephanie?
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
But you can narrowly tailor non-competes in a way, as long as they are short in duration and specific to, for example, the work that an individual has done while they were there. So if you were an amazing research scientist that came up with some novel ideas,
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
you know, containers that extend the life of sodas, you could potentially prevent that person from going to a direct competitor and working on the exact same stuff. They can still work as a scientist, they can work on other projects, but typically you could narrowly tailor in that way. To your point, there's been a push to change non-competes at a federal level. Some companies have gone...
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
too far with how they have sought to restrict the work of employees. And so the jury is still out.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Sure. So in 2018, I was the Vice President and General Counsel of EPS Airlines. Moved to Louisville, Kentucky and started the role there. I was positioned as, hey, this is an opportunity for you to take on senior leadership, large organization, 20,000 employees, and then COVID happened.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Sure. So I am from a small town in South Carolina called Walterboro. If you are traveling down 95, you will pass right by it.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And so I began journaling about the challenges that my team were going through and strategies for helping them to regain and retain high performance through that crisis. And I think it was a crisis for just about everyone. And so
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
As I was doing research into like strategies that executives had used in the past, what I realized was that there are really four things, four moral imperatives that any leader has to really focus on. And that's the first is to work responsibly. quickly, to move with speed.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
If you look at organizations prior to the 1970s, a lot of those organizations, and they were run by the silent generation, greatest generation, those organizations tended to divest power closer to managers, closer to frontline supervisors, allowed employees to take a more active role in the decisions of the life of the organization.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And so that's where this concept of speed as a moral imperative comes from. It actually relates to our topic of intellectual property because the rate of innovation of an organization says a lot about its speed. Slow organizations tend to be less innovative.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
They tend to not engender or encourage the types of ideas from their employees that allow them to be avant-garde, to allow them to be at the front of the pack. And it shows in the number of patents that they file, many other ways.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
i had no idea no concept of what intellectual property was or even the practice of law until i was in high school and my uh my father brought home a movie called separate but equal and i became exposed to the law and what lawyers can do and that began kind of my curiosity to the practice of law i ultimately went to college in washington dc and grad school in atlanta georgia at emory
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
The second moral imperative is really to lead with inspiration, to connect the work that we are doing to some benefit to the world that is a goal that we can all share in. Organizations like Coca-Cola and their work on water replenishment, organizations like Bombas and their work on providing socks to the homeless. These are critical pieces of the employee engagement puzzle, really.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
It's a puzzle that we have to solve. And so when I was working through the pandemic, I realized that by being a part of Operation Warp Speed, that was the Trump administration's push to deliver medicines and vaccines around the world. It gave our employees a North Star. It was something that said, hey, we are part of a movement to save the world.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
The whole idea, the slogan, it's a patient, not a package, was really motivating during that time. The third moral imperative is community investment. Again, going back to organizations prior to the 1970s, what we found were organizations that invested in communities heavily. So Hershey, Pennsylvania would not be a place without Hershey. Bentonville, Arkansas would not be a place without Walmart.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
Coca-Cola even, Atlanta would not be the type of place it was without Coca-Cola and Chick-fil-A and some of the other companies that have really opened up their organizations to addressing needs of communities. And what we find is that organizations that identify a place that they want to transform
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And go about a strategic vision in doing that, even if it's public or even if it's a public-private engagement or just a private movement, it doesn't matter. The outcomes of those communities tend to be better than, for example, places like Walterboro, South Carolina, where there's been economic distress for a long, long time. So the community investment becomes a really critical piece.
The Action Catalyst
The Ethical Imperative, with Andrew Cooper (Legal, Business, Leadership, Technology)
And then finally, the last imperative is openness. Building open systems is really what inspires people within organizations to do their best work when they believe that even if there are disappointments, I know that there's a level of meritocracy built in. I am being heard in the organization. that the leaders care about me in the organization.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
How do I go about best practices in securing my intellectual property rights? A few pointers, a few strategies for small and medium-sized businesses. First, conduct audits. Regularly review and document the IP assets that are available to you. And talk about patents, trademarks, copyrights, trade secrets, even designs, right?
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
So if someone does steal your IP or copies your work, you are able to get sometimes three times the amount of damages as a result of you just registering your intellectual property. Thirdly, I really encourage small businesses to engage in NDA practice, and that's non-disclosure agreements. Create a standard non-disclosure agreement and use it routinely.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
Put NDA provisions in your employee agreements when they onboard. And ensure that they are, they're time bound and they're reasonable. They relate to the work that the person is doing. And that's just with employees, but also with vendors. I should also say, when you have vendors, they're coming onto your property.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
Make sure vendors have NDAs because, you know, your vendors walking through, they, you know, people might have confidential information sitting on tables or desks. And it's very easy these days to just snap a picture. with your cell phone of confidential information. So make sure that your NDAs are in place and are protecting your information in that way. Monitor and enforce your IP rights.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
An IP right is no good if it is not protected and enforced. So if you have copyrights, ensure that you are sending cease and desist letters when you believe someone is infringing, that you are engaging with competent counsel that can negotiate either the takedown of things that are infringing.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
Ensure that you are looking and policing because what ends up happening is there's a theory in the law that if you don't protect your rights, you lose your rights. So if you, for example, know that someone is infringing your trademark and you don't do anything to enforce it, well, if you go for a sufficient period of time without doing it, you may lose some protections.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
So patents come in utility and design flavors, designs how something looks. So talk to your team, again, within the context of an open system, bring people together, regional white boarding sessions, actually going to folks who you know within your organization that have great ideas and say, hey, we want to just sit down and put some of these ideas on paper.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
So really look at monitoring enforcement programs. The last two things I would say, one, educate your employees.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
So training employees on the importance of IP and best practices in protecting it can go a really long way to ensuring that you have a strong brand in the minds of consumers and that you're also keeping the value high on your products and your confidential information, your data, your systems. We at UPS, when I was working there, had routine trainings on this stuff.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
It also goes a long way in just ensuring that people know when they have created something that's worthy of protection. And I've seen this many times. You've got people out in the field. They're working in an operating environment, a warehouse or a factory or something. They come up with some fix to a problem that is just a practical fix because they are necessities, the mother of all inventions.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
They have created a unique, efficient way of doing it. And nobody knows about it except two or three managers inside that factory. And it could be a solution that every factory could use and create economies of scale. And we just don't know about it because employees aren't educated in who to contact when they come up with something that's good like that.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
And I guess the last thing I would say is implement security measures. Use technical measures like encryption and access controls to safeguard your IP and your data. This is really important when it comes to trade secrets, because trade secrets, if they're not protected, they can be lost. Typically, if you lose a trade secret, the
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
damages are so incalculable they can't be they really can't be recovered because the idea is only a few people know the trade secret and if more people know the secret then it's really it's invaluable anymore you know the ultimate trade secret many people think about is like the coca-cola formula for coca-cola right at ups we also had um we had a system called orion it's the reason ups package cars only turn make right turns it so it's there's there are uh wait are you allowed to talk about that did you sign an nda
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
No, I cannot tell you why. But there's really important safeguards that you can put in place to protect that kind of stuff. Creating processes that block access to things that are critical to the organization are important for the value of the IP itself and your ability to recover if anything happens as a result.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
That's the first step in going about securing those rights that you're looking to secure. And do it regularly. Like if it's quarterly or yearly, that kind of thing. And keep a book. Sometimes in the old days when I started practicing law, people would ask, hey, where's your IP book? Where's your patent book? And it's just a record of those ideas that have been captured.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
The second thing is to register your intellectual property. Now, there's some IP that you have protection from the minute that it's created. So copyright, for example, you create a story. Say you're a content company and you have story writers. The minute that they put pen to paper and they create that story, there is copyright protection. But there are other ways of registering that IP.
The Action Catalyst
CLIP: Protecting Your IP Rights (CAN'T MISS Info!)
You can register a copyright once a work is completed with the Copyright Office. You can file a patent application to protect an invention. These are things that you should do because they create enhanced protections for you. Sometimes they are notice protections that puts the world on notice that you are the owner of this thing. And sometimes they're enhanced damages protections.