Earlier this week I learned that I was chosen as one of the Top 50 Innovation Twitter Sharers of 2018 by the Innovation Excellence community.
This is the fourth year (2012, 2013 & 2014) I’ve been chosen. As always, I’m greatly honored by the selection.
If you’re on Twitter and interested in innovation, then I’d highly recommend subscribing to the list.
In their book, Think Big, Start Small, Move Fast: A Blueprint for Transformation from the Mayo Clinic Center for Innovation, the authors provide a healthcare-specific definition for transformative innovation:
Transformative innovation is an evolutionary form of innovation built on an undivided focus on the customer and customer experience. It uses design discipline and scientific methods to integrate and deploy new and existing technologies to improve experiences and efficiencies, and it is often associated with discovering and turning negative experiences into positive ones.
Transformation innovation is innovation that has an impact on the customer irrespective of scale. A transformational innovation substantially changes an experience. It does not matter if the substantial change affects a person, a group or people, or a whole organization. It is transformational irrespective of scale. We use this definition to guide every decision we make in the Mayo Clinic Center for Innovation. We constantly ask: Will our actions have the potential to profoundly impact the experience and delivery of health and health care?
A few points.
First, it is INCREDIBLY long. While it is possible to parse it down to its’ essence after reading the definition several times, I’m curious how they clearly communicate the concept to internal stakeholders with such a verbose definition.
Second, while I’m a big fan of having a strong focus on the customer and customer experience in health care, I’m becoming increasingly concerned that such a singular focus is negatively impacting the health care provider experience. I’ll be posting more on this topic in the near future.
Finally, with all that being said, I really did enjoy the book and believe it imparts important information that other health care systems can implement. I hope health care executives will read the book and see the benefits of starting their own innovation centers.
“The annual Top 10 Medical Innovations was developed to share what our clinical leaders are saying to each other and what innovations they feel will help shape healthcare over the next 12 months and beyond.”
They have multiple criteria that medical innovations have to meet before they are considered, including: (a) significant clinical impact; (b) significant patient benefit; (c) high user-related functionality that improves healthcare delivery; (d) high probability of commercial success; (e) available on the market in the next year; (f) must have significant human interest in its application or benefits; and (g) must have the ability to visualize human impact.
This year the Top 10 list includes:
- Hybrid Closed-Loop Insulin Delivery System
- Neuromodulation to Treat Obstructive Sleep Apnea
- Gene Therapy for Inherited Retinal Diseases
- The Unprecedented Reduction of LDL Cholesterol
- The Emergence of Distance Health
- Next Generation Vaccine Platforms
- Arsenal of Targeted Breast Cancer Therapies
- Enhance Recovery After Surgery
- Centralized Monitoring of Hospital Patients
- Scalp Cooling for Reducing Chemotherapy Induced Hair Loss
When most people think of Idaho, it typically conjures images of rugged mountains, fast running rivers, or maybe even potatoes. But what about medical innovation? Probably not.
While historically not a hotbed for medical innovation, Idaho has been making strides over the last several years. Below are some of the medical innovation companies that are making a difference around the world.
NOTE: This post will be updated as more medical innovation companies are identified. If you know of Idaho-based medical innovation companies that should be added to this list, please contact me.
Yang and Tao (2012), extending the work of Thieme (2007), sought to identify the top innovation management universities to provide “…important information for prospective faculty recruits, doctoral students, companies seeking consulting help, potential donors, and other stakeholders” (p. 319) .
The authors collected and analyzed 1229 innovation management articles from ten peer-reviewed research journals between 1991 and 2010. According to their analysis, the Top 10 innovation management universities are:
- University of Missouri-Kansas City
- Massachusetts Institute of Technology
- Michigan State University
- Harvard University
- University of Pennsylvania
- Northeastern University
- Texas A&M University
- Stanford University
- Delft University of Technology
While I recognize all the universities, I’ll be honest, I wouldn’t have thought to include the University of Missouri-Kansas City, let alone rank it #1.
Thieme, J. (2007). Perspective: The world’s top innovation management scholars and their social capital. Journal of Product Innovation Management, 24, 214-229.
Yang, P., and Tao, L. (2012). Perspective: Ranking of the world’s top innovation management scholars and universities. Journal of Product Innovation Management, 29, 319-331.
On November 9th, The Core will host the MedBuild 2016 Summit. The second annual summit is being held at Boise State University and seeks to connect innovators, companies, and investors with the intent of growing the nascent medical technology industry in Idaho.
The two-track summit will feature a keynote address by Debra Beresini and have educational sessions focusing on investing, reimbursements, and working with startups and universities. There will also be company spotlight presentations, where I’ll be speaking about the capabilities of Human Factors MD. The day will end with a networking reception.
For those interested in attending, you can purchase tickets here.