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As keen innovators, we build
tools to help clients make better decisions. The Dilanchian KML FrameworkTM is
one of our most valued tools. KML stands for Knowledge Management Leadership.
The
KML Framework helps us provide more value through improved commercial,
managerial and legal outcomes. For example, it helps us help you:
- Increase cash flow and profits with
intellectual property licensing and commercialisation of trade marks,
copyrights, know-how and patents
- Secure business relationships using
contracts, outsourcing and tendering
- Achieve brand monopolies with brand
strategies and trade mark registration
- Accelerate business development through
strategic planning
- Re-engineer human resources
documentation and management for organisational coherence
- Reduce business risk with integrated
commercial and legal risk management
- Profit from assets using franchising,
alliances, partnerships and acquisitions
- Avoid costly legal disputes or resolve
them effectively, including action to stop infringement of your rights
To provide some guidance, set out below is a structured list of 10 areas of knowledge and
expertise we consider or apply when advising clients involved in entrepreneurship. We call
the list the Dilanchian KML Framework.
- Market Knowledge - it is helpful in entrepreneurship to know the relevant industry,
sector and market and the trends and drivers in them.
- Strategic Planning - it is vital for the entrepreneur to operate with some degree of
planning, eg to link what is known about an opportunity to the market
conditions. Planning helps map an entrepreneur's operating environments of
law, accounting, economics, science, technology, business and politics.
Planning should include preparation of financial documents such as cash
flow forecasts.
- Asset Evaluation - asset development requires identification and evaluation of the portfolio
of intellectual property in a legal sense (eg trade marks, patents,
copyright and confidential information) and the intellectual capital that is
to be leveraged.
- Enterprise Structure - entrepreneurship requires linking people with entities and groups
of entities, and understanding how to reward and manage employees,
contractors and collaborators.
- Document Management - it is valuable to retain knowledge, to both apply it and use it to defend against business and legal challenges. Risk management and
legal compliance is usually not possible without the creation and proper
management, storage and communication of records and documents.
- Deal Making - a structured approach to making deals helps entrepreneurs in
negotiations and in reaching at least preliminary understandings,
arrangements and agreements. It also supports subsequent needs in
transaction planning, due diligence and project management.
- Contracting - ideally legally binding agreements should be structured based on
prior considered deal making activity; otherwise the contract may not
relate as much as it should to practical needs.
- Commercialisation - understand the process of commercialisation through each of its
stages or phases, which may include licensing, venture finance, trade
sales, mergers, business sales and floats. The stages may also include the
design, production, marketing, sale, distribution and support of a
product, service, technology or business. It may also be relevant to understand
and apply to these - design upgrades (including new versions or editions),
customisation of offerings (eg for specific markets or classes of
customers) and offerings extension (eg brand extension).
- Legal and Regulatory
Compliance - business and corporate activity is regulated;
disputes, litigation or breach of law can all be show stoppers. Proactive compliance
is recommended.
- Assets and Knowledge
Management - for organisational coherence and portfolio
valuation it is vital to know what you have, what it is worth in different
contexts, and how to manage the assets into the future. For example, if
the key assets are a set of signed contracts - understand them and evaluate
them so as to use them strategically.
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