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Technology Transfer Office Strategy TTO Structure. Ken Porter Steamboat Mountain Solutions. Angela Porter, RPh , CCH angie.smns@gmail.com Holistic Health Solutions. Ken Porter, PhD, MBA ken.smns@gmail.com Technology Transfer & Business Solutions. It’s a New Day.
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Technology Transfer Office StrategyTTOStructure Ken Porter Steamboat Mountain Solutions Angela Porter, RPh, CCH angie.smns@gmail.com Holistic Health Solutions Ken Porter, PhD, MBA ken.smns@gmail.com Technology Transfer & Business Solutions It’s a New Day
Technology Transfer Office Structures • Functional Organization • Specialization • Directed efforts • Divisional Organization • Local service • Matrix Organization • Flexible • Scales easily
Core Structure Director (COO) Operations Strategy (CEO) Office Manager Staff Coordination Legal Financial Database License Mgr JD CPA/MBA dba Audit Advisory Boards Faculty Business
Functional Organization Director and Core Support Services Bus Dev Corp Dev Licensing w/ staff SRA, MTA, vending Administration & Operations LicAssocspecialistLAspLAspLAsp A&S Eng Medicine Radiology Prolific Inventor PI #2 PI #3 PI #4
Divisional Organization Academic Campus Medical Center Asst Dir Asst Dir Admin Asst Admin Asst LAgeneralistLAgenLAgenLAgen A&S Eng Med Biomed Sci Director and Core Support Services
Matrix Organization Director and Core Support Services LAgenLAgenLAgenLasp/genLAsp/sp/gen Personal & professional qualifications M Biol Eng Chem Med Dev Pharm PhD MS MS/MBA fmr CEO rep Strategic, i.e., functional, assignments MktingP’tfolio Strategy POC Licensing
Matrix Organization Director and Core Support Services LAgenLAgenLAgenLasp/genLAsp/sp/gen M Biol Eng Chem Med Dev Pharm PhD MS MS/MBA fmr CEO rep MktingP’tfolio Strategy POC Licensing Multiple Institutional Liaison for each institution
Matrix OrganizationMultiple Institutions Director and Core Support Services LAgenLAgenLAgenLasp/genLAsp/sp/gen M Biol Eng Chem Med Dev Pharm PhD MS MS/MBA fmr CEO rep MktingP’tfolio Strategy POC Licensing Institution #1 Inst #2 Inst #3 LAgenLAgenLAgen Lic asst Lic asst Lic asst
Attract, Hire, Train, Compensate, Motivate, and Retainsee GoodtoGreat, Jim Collins Key position – Licensing Associate Career ladder, mentored advancement LA, SLA, Asst Dir, Assoc Dir objective: executed agreements Support Staff, advance by expanding position Legal Financial Database License Mgr JD CPA/MBA dba Audit Contracts forecasting process compliance Drafting & & strategy management build relationship editing
Attract, Hire, Train, Compensate, Motivate, and Retain Director Salary should match organizational objective Objectives range by geographical reach and strategy Local Regional National World-wide Support Research Enterprise Support Institution Licenses, SRAs, MTAs strategic partnerships corporate, philanthropic
Strategy • Choose structure • Primary, secondary drivers • Internal office or foundation? • Manage & operate, efficiently & effectively • Initial stake • Break-even, growth, and profit • Market • Internally to inventors and administration • Externally to licensees, partners and resources