In here our objectives in creation of Phanous Research and Innovation Centre have been listed, and in here we reviewed the most prominent risks we consider might occur during the process. A minimum viability plan must include at least one strategy for each objective to be achieved and also one strategy for the mitigation of each risk. Clearly multiple strategies per objective/risk will provide more leverage is reaching our goals or mitigating our risks. At the same time, if single strategies are assigned to very many objectives or risks, they loose focus of purpose and effectiveness in application.
We aim to keep the assignments at a reasonable number such that we may both have the benefits of leveraging redundant strategies against single risks/objectives, whilst at the same time keeping the scope of each strategy fairly narrow to enhance it effectiveness.
| Risk | Mitigation Strategy |
|---|---|
| Protection of intellectual property | - |
| Dissemination of commercial data | - |
| Misaligned research projects | |
| Reverse osmosis of talent |