Remove Compliance Remove Diversity Remove Health Care Remove Innovation
article thumbnail

Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We found that, overall, innovation does not rank as a top strategic challenge for the majority of boards.

article thumbnail

Why More Hospitals Should Prioritize Cultural Competency

Harvard Business Review

Fortunately, there are simple, even obvious improvements that hospitals and medical professionals can make to improve care for patients like Janice. Health care professionals should consider the following practices that top hospitals are using to boost the cultural competency of the care they provide. Insight Center.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Merck Is Trying to Keep Disrupters at Bay

Harvard Business Review

Change and innovation are choices, not givens, in any organization, and there are managerial levers for making these selections wisely. Within EB, Merck first created a Global Health Innovation Fund and then a Healthcare Services and Solution unit to identify, develop, and operate nascent opportunities that fit that thesis.

article thumbnail

Negotiation Strategies for Doctors — and Hospitals

Harvard Business Review

In these and many other interfaces within our health care system, the limitation is neither incompetence nor ill intent, but rather a dearth of negotiation skills and acumen. As anyone involved in the health care system knows, hospitals and health professionals are faced with this question every day.

article thumbnail

Create a Strategy That Anticipates and Learns

Harvard Business Review

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. Today, though, many of those characteristics are in flux much of the time.

article thumbnail

Create a Strategy That Anticipates and Learns

Harvard Business Review

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. Today, though, many of those characteristics are in flux much of the time.

article thumbnail

A Model Stakeholder Strategy from the Garment Industry

Harvard Business Review

The perception has been eroding our industry's image and has caused many in our industry to assume that R&D, innovation, and social contribution are unaffordable luxuries in a fiercely cost-based competitive game. This philosophy has started to take its toll.