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.

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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 licensing fees

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

  • Develop licensing agreements

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

  • Apply company policies

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

  • 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.

  • 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.

  • Carry out strategic research

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

  • 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 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.

  • Compare contractors' bids

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

  • Use different communication channels

    Use various types of communication channels such as verbal, handwritten, digital and telephonic communication with the aim of constructing and sharing information and ideas.

  • Negotiate rights of use

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

  • 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.

  • Manage financial risk

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

  • 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.

  • 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.

  • 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.

  • 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.

  • Manage licensee portofolio

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

  • Meet deadlines

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

  • 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.

Optional knowledge and skills

managing a business with great care employment law teamwork principles speak different languages build rapport with people from different cultural backgrounds