Profession licensing manager

Licensing managers oversee licenses and rights of a company regarding use of its products or intellectual property. They ensure that third parties comply with specified agreements and contracts, and negotiate with and maintain relationships between both parties.

Personality Type

• Enterprising / Conventional

Knowledge

• Contract law

  The field of legal principles that govern written agreements between parties concerning the exchange of goods or services, including contractual obligations and termination.

• Intellectual property law

  The regulations that govern the set of rights protecting products of the intellect from unlawful infringement.

• Financial capability

  Financial operations such as calculations, cost estimations, budget management taking relevant commercial and statistical data into account such as data for materials, supplies and manpower.

Skills

• Manage staff

  Manage employees and subordinates, working in a team or individually, to maximise their performance and contribution. Schedule their work and activities, give instructions, motivate and direct the workers to meet the company objectives. Monitor and measure how an employee undertakes their responsibilities and how well these activities are executed. Identify areas for improvement and make suggestions to achieve this. Lead a group of people to help them achieve goals and maintain an effective working relationship among staff.

• Monitor compliance with licensing agreements

  Ensure that licensee is well aware of all terms, legal aspects and renewal aspects of the license that has been awarded.

• Handle financial transactions

  Administer currencies, financial exchange activities, deposits as well as company and voucher payments. Prepare and manage guest accounts and take payments by cash, credit card and debit card.

• Carry out strategic research

  Research long term possibilities for improvements and plan steps to achieve them.

• Use different communication channels

  Make use of various types of communication channels such as verbal, handwritten, digital and telephonic communication with the purpose of constructing and sharing ideas or information.

• Develop licensing agreements

  Compose the conditions and terms related to assigning limited use rights for properties or services.

• Manage licensee portofolio

  Handle data and files for all licensees that use the products, trademarks or services of a company under a licensing agreement.

• Manage financial risk

  Predict and manage financial risks, and identify procedures to avoid or minimise their impact.

• Compare contractors' bids

  Compare proposals to award a contract in order to execute specified jobs within a prescribed frame of time.

• Apply company policies

  Apply the principles and rules that govern the activities and processes of an organisation.

• Meet deadlines

  Ensure operative processes are finished at a previously agreed-upon time.

• Abide by business ethical code of conducts

  Conform and follow the ethical code of conducts promoted by companies and businesses at large. Ensure that operations and activities do comply with the code of conduct and ethical operations the supply chain throughout.

• Manage licensing fees

  Handle and inspect licensing fees for a service/product provided under intellectual property right.

• Apply strategic thinking

  Apply generation and effective application of business insights and possible opportunities, in order to achieve competitive business advantage on a long-term basis.

• Perform market research

  Gather, assess and represent data about target market and customers in order to facilitate strategic development and feasibility studies. Identify market trends.

• Build business relationships

  Establish a positive, long-term relationship between organisations and interested third parties such as suppliers, distributors, shareholders and other stakeholders in order to inform them of the organisation and its objectives.

• Establish usage policies

  Establish, disseminate and update usage policies for licenses. A usage policy determines what is legally acceptable and what is not, and in which cases piracy is being committed.

• Adhere to organisational guidelines

  Adhere to organisational or department specific standards and guidelines. Understand the motives of the organisation and the common agreements and act accordingly.

• Have computer literacy

  Utilise computers, IT equipment and modern day technology in an efficient way.

• Ensure compliance with purchasing and contracting regulations

  Implement and monitor company activities in compliance with legal contracting and purchasing legislations.

• Negotiate rights of use

  Negotiate with the customers the precise terms at which the service will be sold.

Optional knowledge and skills

Source: Sisyphus ODB