With a range of changing commercial factors impacting on the sustainable competitive advantage that businesses used to possess, more and more companies are coming to recognise the importance that their IP assets represent to their business. These changing commercial factors include significant advances in technological development and manufacturing processes, the ever-increasing mobility of workforces, and heightened competition in many industries due to the diminishing effects of distance and time-zones. Where historically the value of a company was tied up in its buildings, plant and stock, it is know acknowledged that intellectual capital (IC) or intangible assets can comprise anywhere from 50%-85% of an organisation’s capital value.

It is imperative then that these intangible assets are managed with the same degree of diligence and concern that is afforded physical assets, such as land, plant and equipment. However, whilst management should be delegated the operational responsibility for managing intellectual capital and reporting to the Board, it is up to Company Directors to ensure that the proper governance frameworks are in place to manage valuable assets.

Wrays professionals have significant experience working with Directors at Board level and with management teams to establish and implement frameworks for the proper management of non-physical assets. It goes without saying that best practice management of non-physical assets will increase the chance of a business maximising its return on investment for these valuable assets.

We help organisations to enhance their IC creation capacity, optimising the extent and quality of their IP portfolio, manage and leverage that portfolio for additional company performance, revenue streams.