Harvard Business Review

OCTOBER 30, 2017

Finally, health care, which has been largely immune to the forces of disruptive innovation , is beginning to change. health care keeps getting costlier. These astronomical costs are largely due to the way competition works in American health care. Transforming Health Care.

Health Care 8

Health Care Innovation Insurance Disruptive Innovation 8

Harvard Business Review

MARCH 2, 2018

The healthcare industry has long relied on traditional, linear models of innovation – basic and applied research followed by development and commercialization. An alternative emerging at healthcare institutions worldwide is human-centered design and co-creation, a set of approaches that can accelerate and humanize healthcare innovation.

Health Care 8

Health Care Innovation Mayo Stage-Gate 8

N2Growth Blog

FEBRUARY 8, 2019

Missing the turn or making it too late can cause a company to stagnate or implode or can spell the death of the idea; or worse, the idea becomes someone else’s to bring to market without you. You may think having an HR/People Strategy is something for down the line. People know the strategy and plan to realize the vision.

Delegation 243

Delegation Maturity CEO Execution 243

Harvard Business Review

OCTOBER 13, 2017

Many of those working in the consolidating health care industry will immediately validate several of the authors’ key findings, including: Bureaucracy is growing, not shrinking. Transforming Health Care. Paul metropolitan area, the Fairview and HealthEast health systems recently agreed to merge.

Health Care 8

Health Care Bureaucracy Hamel System 8

Harvard Business Review

FEBRUARY 6, 2015

Few health care leaders would disagree that the U.S. health care industry needs to drastically change. Over the past two years, we’ve convened health care leaders at roundtables and other events to discuss the challenges and opportunities they face, both inside their organization and from the external market.

Health Care 8

Health Care Management Disruptive Innovation Survey 8

Harvard Business Review

NOVEMBER 14, 2016

Businesses that are serious about reducing health care costs — and improving the health and well-being of their employees — should take a serious look at digital therapeutics, which have the potential to provide effective, low-cost ways to prevent and treat chronic diseases and their consequences. Insight Center.

Health Care 8

Health Care Cost Technology Peer Review 8

Harvard Business Review

DECEMBER 14, 2017

health care system is begging for disruption. Hundreds of millions of Germans, French, English, Scandinavians, Dutch, Danish, Swiss, Canadians, New Zealanders, and Australians get comparable or better health services for half of what we pay. Seamless teamwork is critical to effective care of complex, high-cost patients.

Health Care 8

Health Care System Insurance Pharmaceuticals 8

Harvard Business Review

OCTOBER 13, 2015

health care system in ways big and small that would either build on or radically revamp the Affordable Care Act (ACA). We reviewed four strategies: the current health care system’s trajectory as is; comprehensive demand-side reform; aggressive supply-side reform; and a combination of demand-side and supply-side reform.

Health Care 8

Health Care Insurance Price Cost 8

Harvard Business Review

DECEMBER 5, 2017

The landscape for the delivery of health care in the United States is changing, but the traditional care-delivery players are not the change agents. The ramifications for traditional care providers typically dominated by hospitals is going to be big and may happen fast. So, the market is heading back to the future.

Health Care 8

Health Care Insurance Incentives Venture Funding 8

Harvard Business Review

JUNE 14, 2017

End users can take advantage of quantities of newly available information to solve problems in population health, clinical decision support, and patient engagement, among other applications. And ease of access means ease of market entry: Emerging data providers can get on their feet quickly and create new sources of competition.

Health Care 8

Health Care Levitt Competitive Advantage Pharmaceuticals 8

Harvard Business Review

MARCH 4, 2016

And although the industry saw a slight slowdown in 2015, innovations with 3D-printed products are visible among a wide range of industries. Medical technologies often are expensive when they enter the market, becoming cheaper over time, but many of the new 3D-printed solutions are coming in at a reasonable price point. Insight Center.

Health Care 8

Health Care Technology Software Cost 8

Harvard Business Review

JULY 22, 2014

In health care, the Hippocratic Oath — “first, do no harm” — can hold as much sway in the board room as it does in the exam room. Among health care leadership, it can have the unintended effect of promoting inaction over change and innovation. health care has become akin to a smothered child—stifled and arrested.

Health Care 8

Health Care Information Technology Learning-by-Doing Information 8

Harvard Business Review

OCTOBER 8, 2015

The shift from volume-based to value-based health care is inevitable. Although that trend is happening slowly in some communities, payers are increasingly basing reimbursements on the quality of care provided, not just the number and type of procedures. Tell us what health-care content you’d like to see more of from HBR.

Health Care 8

Health Care Business Model Mayo Short-term 8

Harvard Business Review

DECEMBER 9, 2016

Few recent trends in health care delivery have more power to improve population health, patient and provider experience, and hospital business models than virtual care. Our strategy has been guided by nuanced answers to these questions. Innovating for Value in Health Care. Insight Center.

Health Care 8

Health Care Consultative Video Efficiency 8

Harvard Business Review

SEPTEMBER 19, 2013

Several studies show wide variation in prices for common health care services, even within local areas. Moreover, prior research has also shown that there is little correlation between price and quality of care for inpatient care and that higher-priced providers control a large share of the market.

Health Care 8

Health Care Price Insurance Incentives 8

Harvard Business Review

NOVEMBER 20, 2013

For a discipline so fundamentally altruistic, health care is oddly dysfunctional around relationships. Our full article describing social capital, its roles in health care, and strategies for building it in health care organizations is available here (PDF). Leading Health Care Innovation.

Social Capital 8

Social Capital Health Care Cooper Storytelling 8

Harvard Business Review

NOVEMBER 15, 2013

In the mid-Atlantic region of the United States, an effort is under way to get insurers, providers, employers, and unions to cooperate in creating a system that can reduce total health care costs and premiums while achieving better outcomes. This continuing transfer from wages to health care does not reflect better value for money.

Health Care 8

Health Care Cooper Insurance Cost 8

Harvard Business Review

OCTOBER 21, 2013

we fret that our health care system costs too much. But, given the structure of health insurance, the question should not be “Why are prices so high?” The lack of price sensitivity on the demand side of the health care market cannot but influence strategies on the supply side.

Health Care 8

Health Care Insurance Price Reference 8

Harvard Business Review

NOVEMBER 29, 2010

It's a shame Obama — and the Western press — didn't pay attention to the far bigger story happening in many of the countries on his visit: real, game-changing innovations from emerging markets that could point the way for currently stagnant Western firms. Tags: Global business India Innovation.

Innovation 15

Innovation Marketing Incentives Education 15

Harvard Business Review

SEPTEMBER 17, 2013

The pressures for fundamental change in health care have been building for decades, but meaningful change has been limited while the urgency of change only grows. There is only one real solution, which is to dramatically increase the value of health care. And with such deep societal concerns about health care spending?

Health Care 8

Health Care How To Cost System 8

Harvard Business Review

NOVEMBER 23, 2016

Innovating for Value in Health Care. In 2011, when I came to Centura Health in Colorado as President of its largest operating group (Mountains and North Denver Operating Group or MNDOG) and CEO of its flagship health organization, Saint Anthony Hospital, I saw a clear mandate for change. Insight Center.

Health Care 8

Health Care How To Operations Quality 8

Harvard Business Review

JUNE 7, 2012

The authors offer up five additional strategies in the full article. The numbers are enough to make the apple pop right out of the marketer's eye. Clearly that's not quite the target market for a new washer and dryer. Health Costs Are Actually Not Spiraling Out of Control (PwC). Looking for more?

Disruptive Innovation 20

Disruptive Innovation Innovation Pharmaceuticals Class 20

Harvard Business Review

MARCH 22, 2017

What makes marketing creative? Is it more imagination or innovation? Is a creative marketer more artist or entrepreneur? Historically, the term “marketing creative” has been associated with the words and pictures that go into ad campaigns. Every marketer believes the customer experience is important.

Creativity 10

Creativity Marketing Agility Budgeting 10

Harvard Business Review

OCTOBER 6, 2014

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. Strategy-making can now happen in real time. Strategy can anticipate and learn.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Harvard Business Review

APRIL 29, 2015

Consider the case of MedStar Health, the largest nongovernment health care provider in the Baltimore-Washington, D.C., region, as it navigates a dramatic shift from competing by offering integrated, comprehensive medical services to offering lower cost preventive care. Strategies for staying ahead. Insight Center.

Strategy 8

Strategy Long-term Health Care Insurance 8

Harvard Business Review

MAY 16, 2011

When we envision an emerging market, we think of a rapidly growing country with small purchasing power, little infrastructure, and diminishing natural resources. These three aspects of emerging markets require innovations that can subsequently be taken global — a phenomenon known as " reverse innovation."

Innovation 14

Innovation Health Care Incubator Competitive Advantage 14

Harvard Business Review

MARCH 18, 2018

In fact, by government edict, the goal is to direct policy, health care, and even citizens themselves toward longer, healthier, more enriching lives. Japan already enjoys the world’s second-biggest market in medical devices. percent of the 2014 global medical device market—behind the U.S. and ahead of Germany.

Health Care 8

Health Care Industry Pharmaceuticals Content 8

Harvard Business Review

JUNE 6, 2016

Some business pundits today believe innovation ignites better in startups than in large, established corporations. In fact, a lot of big companies have proven they are better positioned than emergent firms to create and execute innovation, however on-fire a startup may be. Laura Schneider FOR HBR. ” I disagree.

Innovation 8

Innovation Company Transportation Software 8

Harvard Business Review

OCTOBER 6, 2014

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. Strategy-making can now happen in real time. Strategy can anticipate and learn.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Harvard Business Review

JULY 11, 2013

Any promising new initiative — a stand-alone business venture or an innovation in an established organization — hits roadblocks and unexpected obstacles. Recently I''ve advised entrepreneurs and innovators about a different, seemingly better, dilemma: pop-up opportunities that look like short cuts to success.

Innovation 8

Innovation Porter Merchandising Entrepreneur 8

Harvard Business Review

OCTOBER 17, 2012

A spokeswoman for Romney dubbed it "yet another failure for the president's disastrous strategy of gambling away billions of taxpayer dollars on a strategy of government-led growth that simply does not work.". A123 received a $249 million government grant in 2009 to build a U.S.

Innovation 14

Innovation Short-term Health Care Long-term 14

Harvard Business Review

JANUARY 11, 2016

Thirty years ago, strategy was the CEO’s job. Since then, as the composition of top executive teams has changed, responsibility for leading strategy development has been shared by more members of the C-suite. Ensuring that strategy has money behind it. There are two reasons for this. There are two reasons for this.

Strategy 8

Strategy CFO Finance Short-term 8

Harvard Business Review

JUNE 5, 2017

Physicians, nurses, and others who work on the front lines of patient care are an important potential source for innovations that could improve patients’ health and reduce the cost of care. Boston Children’s Hospital designed an innovation accelerator to overcome these hurdles. Insight Center.

Health Care 8

Health Care Company Innovation Entrepreneur 8

Harvard Business Review

JUNE 7, 2012

The authors offer up five additional strategies in the full article. The numbers are enough to make the apple pop right out of the marketer's eye. Clearly that's not quite the target market for a new washer and dryer. Health Costs Are Actually Not Spiraling Out of Control (PwC). Looking for more?

Disruptive Innovation 11

Disruptive Innovation Innovation Pharmaceuticals Class 11

Harvard Business Review

JULY 26, 2018

Uber’s setback in the international market, however, wasn’t its first. To venture capitalists and the financial market, no business model is more attractive than a platform. Any platform still needs to achieve a product-market fit to succeed in the long run. Such knowledge is in fact the prerequisite to innovation.

Transportation 8

Transportation Health Care Venture Capitalist Advertising 8

Harvard Business Review

JUNE 8, 2015

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.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

OCTOBER 6, 2011

The experience of Esquel Group proves that a stakeholder-based strategy is feasible in even the toughest of industries. 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.

Industry 10

Industry Strategy Supply Chain Long-term 10