Wednesday, June 20, 2007

Our corporate vision

Our company originally adopted the following corporate vision:

To provide innovative products that meet a need and to achieve success for our company and our shareholders while making a positive impact on our community.

The company has some core competencies – commercializing technologies is one of them (making nanowires is another). From the beginning, we didn’t want to limit ourselves to just microbatteries, or just nanowires. We don’t think of ourselves as a microbattery company, but more of a commercialization house.

We also didn’t want to limit our business plan to sub-licensing or manufacture. Some technologies would lend themselves to one more so than another. We’ve had quite a bit of experience in both areas.

As for those that lend themselves more to manufacturing – we know all too well that setting up a manufacturing line is not a trivial thing. So, it likely would make more sense to establish subsidiaries (wholly-owned or otherwise) to produce and sell those products. This requires people with some specific skill sets.

Those technologies that might do better as a license or sub-license require a completely different set of skills: IP and patent knowledge, negotiating skills, license agreements, etc.

Getting people to understand and accept a flexible business plan like this can be a little daunting. It’s not like we’re setting up a lemonade stand. But, ours is not an unprecedented idea, and I believe we are headed in the right direction.

Friday, June 8, 2007

Our first blog

I had been thinking about starting a blog on the website for some time now. The main reasons it took me so long to do it were because I was concerned about three things:
  • Sticking with it. I didn’t want to start it only to have it die from non-use, so I wanted to make sure the writer(s) of the blog (probably mostly me) are committed to it. It’s disappointing to see things like this begin in a promising way, only to have the activity drop off over time.

  • Making business sense. I was uncertain about the business reasons for the blog; there are many blogs run by Fortune 500 companies and -- although we’re closer to a Fortune 5,000,000 company -- that certainly lends some business credibility to the idea. Still, I felt there needed to be some compelling business reasons to do it. “Experts” apparently seem to identify four general reasons for businesses to set up blogs:

    1. To sell or promote something (or someone)
    2. To discuss business topics
    3. To put out information, or
    4. Some combination of the previous three items.

    I don’t want to sell anything on the blog, but I like the ideas of promoting the company, putting out information about the company and discussing things . . . which leads me to another concern:

  • Keeping on-topic. We all have opinions about potentially divisive issues and I fear that some of us (including myself) are passionate enough about controversial topics to where we might pontificate on some of those issues. This is probably not appropriate in a company blog.

So, with the understanding that (1) the blog will strive to not end up stating some personal opinions on divisive issues, (2) that its purpose is to inform and familiarize people with us as individuals and the company as a whole, including its management and direction, and (3) with the commitment that something will be posted on a regular basis, I will undertake to get started regaling you with the wonders and insights of the people that comprise Enable IPC. I hope you enjoy the blog and I hope you post your comments, good and bad.

We are striving to obtain perfection and secure the entire wealth of knowledge the universe has to offer – but we’re not quite there yet. So, your wisdom will be a welcome addition to this endeavor.