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Our name

Yes, there is a story behind our name.

Phronesys (pronounced frō-nē'sis) is derived from the work of Aristotle. Aristotle defined the word "phronesis" to mean practical wisdom (Greek - φρόνησις).

Aristotle advocated phronesis as an intellectual virtue - the ability to determine how to achieve a certain desirable end or outcome. This is the foundation of our name. Our spelling is our own creation, with the "sys" reflecting our systems approach to practical innovation.

The essence of our service focus is to bring our practical wisdom to the challenges of global innovation, helping you achieve your desired outcome through business results.

Innovative? We think so.

What we do

We are a business advisory and research organization focused on helping client companies successfully navigate the sometimes confusing realm of global innovation to achieve new growth for your business.

We focus our work and tailor our engagement to your needs. A description of some of our most common services can be found here.

Our 3-Dimensional Approach is the key to practical innovation:

  1. Innovation Strategy

  2. IP Rights Management

  3. Innovation Process

How we operate

We operate on a platform of collaboration with our clients, with high integrity and authenticity in what we do, recognizing that integrity and practical innovation are mutually influencing factors.

Our engagements are typically on a project or retainer basis, and are structured to the specific needs of the client. Much of our work comes from referrals so our interests are aligned with yours.

Many of our projects have an element of intellectual property strategy. Although we have registered patent attorneys within our ranks, we are not a law firm and we do NOT offer legal representation.

We partner with you and your legal counsel to optimize resources and to meet your innovation objectives.

Please contact us to learn more.

Navigator for Your Organization's Innovation Path

Innovation is the fuel of growth, and growth breeds opportunity. At Phronesys, we are

Connecting Innovation to Opportunity™

Phronesys LLC
29320 Industrial Way, Suite 301
  Evergreen, Colorado 80439
  phone: 303.997.7599
  email: info@phronesys.com
Phronesys Managing Director

Phronesys LLC was founded in 2003 by Mark B. Mondry, our Managing Director. Mr. Mondry has more than 20 years experience in various innovation roles in both large and small companies, with a particular emphasis in the medical devices, renewable energy and biosciences fields.

A registered patent attorney, PDMA certified New Product Development Professional and LES Certified Licensing Professional, Mr. Mondry brings strategic insight and deep operational experience, including new product development, manufacturing, ip protection and enforcement, complex licensing, IPO and M&A experience, to each client engagement. Mr. Mondry is also a partner in the intellectual property law firm Phase M, LLP.

Mr. Mondry earned his undergraduate degree in engineering from Miami University (Ohio), a Master's degree in business management from Johns Hopkins University and his law degree from the University of Maryland were he served as an Editor for the Maryland Law Review.