Comments (4)
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Lee Shaw
Sick-care entrepreneurship is fascinating.
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Donna Hardy
Healthcare is in need of innovation.
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Luke Foster
Well said !
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Gary Cooper
Commercialising a product is a satisfying feeling !
Pundits and prognosticators are practically giddy about the global post-pandemic healthcare innovation opportunities.
At the same time, the entrepreneurs who are working diligently to transform international sick care to health care have to overcome many obstacles and overcome the cynicism about shiny objects, snake oil and trusting biomedical and clinical entrepreneurs. The most recent example is the number of people around the world who say they won't get the COVID-19 vaccine.
Another example is the lessons learned from accelerated deployment of telemedicine and virtual care.
Having a go to market plan and a strategic communications plan is important, but not enough. The most difficult part is engrafting your innovation into a customer culture, dominating your product category, and, in the case of sick-care, making it the standard of care over time. In other words, how do you plan to change doctor and stakeholder behavior over the long run?
The parts of your innovation to market (I2M) plan should include:
Finding someone to buy your product is only the beginning. If you don't follow up with the other steps, in fact, it might just be the beginning of the end of your company.
Arlen Meyers, MD, MBA is the President and CEO of the Society of Physician Entrepreneurs.
Sick-care entrepreneurship is fascinating.
Healthcare is in need of innovation.
Well said !
Commercialising a product is a satisfying feeling !
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