The Role Of Consortia And Standards In The Industrial Sector Authored by: Christine Boles Forbes Councils Member Forbes Technology Council | This was a Council Post 10 February 2023 "Over the past decades, consortia and standards have become an important component in many industries’ operating models. This is a result of hundreds of organizations working together for many years to [...]
Introduction Core values are a fundamental aspect of any organization. They define its culture, help to guide decision making, and give employees a clear sense of what's important to the company. But even though they're so important, many organizations don't spend enough time thinking about them or communicating them effectively. That's why this article is here to help you figure out [...]
Quorum is a common but necessary term in corporate, academic, and organizational settings. But what does it mean? And why does it matter? Let's take a look at the definition of quorum and what factors play into its determination. What is a Quorum? Quorum is the minimum number of members required to be present at a meeting in order to [...]
Introduction Membership programs are a great way to help your organization grow. They can be a source of revenue, and they also serve as a tool to build community and foster engagement among members. The key to running an effective membership program is having a solid plan in place before going into it. This article will walk you through how to [...]
Introduction The function of a board is to govern an association or organization. Board members provide direction, set policy, and oversee strategy, finances, operations and personnel. It is important to have the right people on your board to manage these critical components of an organization. Board members need to know how their decisions impact the consortium or organization as a [...]
Almost every organization functions as a consortium of some sort. It's the working relationships that allow an organization to achieve its mission and goals, while overcoming challenges and driving innovation. But what exactly is a consortium? And why is it important for organizations to join one? First off - What is a Consortium? A consortium is a group of companies [...]
When collaborating on your group’s work product, intellectual property rights (IPR) are important to consider. They are legal rights given to inventors and creators of new ideas, technology, writings, artwork or any other form of expression. These rights protect your creations from being copied without permission and can be used to monetize the original idea or work. Let's look at [...]
Introduction The Department of Defense (DoD) is one of the most influential forces in shaping national technology standards. The DoD provides funding for many standards development organizations and participates directly in standards processes. The DoD approached ISTO to help them form a consortia in order to facilitate and expedite the publication of a standard. What was the result? We will break [...]
An important component to any successful consortia or technology alliance is understanding your landscape. For industry and collaborators alike, it is important to understand who is doing what in your ecosystem/marketplace as it can (and often does) directly impact the work of your organization. A competitive analysis will help you do just that, by providing a comprehensive overview of the [...]
Big Data Could Accelerate Drug Approvals Roche and other pharmaceutical companies work together to streamline the QA process KATHY PRETZ 14 FEB 2023 It can take up to 15 years to get a new drug through the regulatory-approval process before it becomes available to patients. One of the reasons is the time it takes to analyze the mountains of data generated [...]