Case Study of the Ohio State University’s Technology Commercialization Office Risk Analysis Tool

Program agenda:

• What risks to consider within a TTO
• Who is responsible for managing and communicating risks
• Why risk analysis and management are important
• How to measure and manage risk
• Details of the OSU scoring system
• When to communicate risk to senior leadership
• How to create a community of accountable leaders to address risk
• How to identify typical TTO risks
• Assembling a multidisciplinary team to identify and measure risk

Risk is something tech transfer professionals live with every day – compliance risk, COI risk, legal risk, underfunding and understaffing risks, infringement risk, start-up failure risk, licensee noncompliance risk, and many others – some easily defined and others that might not be obvious but can still have a negative impact on your TTO’s performance and results.

The key to managing and mitigating these risks is to identify, track, and measure progress toward resolving them while ensuring they are communicated transparently to both staff and administration, making the entire team accountable in an open, non-threatening, and systematic way.

That’s exactly what The Ohio State University TCO has done, creating a risk analysis tool that has proved itself to be a critical aid in the office’s operation and management. Now OSU leadership is ready to share the risk tracking and mitigation system in this detailed program.

Adapting the structured risk analysis and management framework now in use at OSU can help your own TTO improve operational effectiveness, while aligning resources to address and mitigate risks associated with commercializing valuable IP.

You’ll learn the details of the tool’s scoring and risk prioritization system, how risks are identified, categorized, and tracked, how mitigation efforts can impact risk scores, and how the risk analysis – and its communication throughout the TTO and beyond – brings a community effort to bear on critical problems and solutions.

Join Keven Taylor, Associate VP of Technology Commercialization, and Donald Taylor, PhD, MBA, CLP, Executive Director of Licensing, for this informative case study-style program.

Program Leaders