By reading this white paper, members will learn strategies for:
- Prioritizing multiple requests for innovation support
- Creating a space that fosters innovative development processes
- Executing innovation projects through collaborative, multidisciplinary processes
- Structuring project transfers for implementation
As institutions race to innovate, their efforts will be tested by limited resources, a risk-averse and protocol-driven health care mentality, organizational silos that inhibit collaboration, and difficulty transitioning projects to implementation. We profile how progressive innovation centers address these challenges to execute effective innovation projects.
The mandate to innovate
Heightened competition, increased scrutiny on outcomes and cost of care, deteriorating margins, and stagnating growth prospects are forcing institutions to rapidly transform to weather industry upheaval.
To adapt, institutions must find a way to innovate on care delivery, attributes of competitive differentiation, and new revenue sources. Many are developing formal innovation structures to organize these necessary capabilities though it is clear that there is no one-size-fits-all model.
Overcoming barriers to innovation
Different provider priorities and resources necessitate customizing an innovation center’s design and process. However, there are four necessary components of the innovation process that must be addressed across all models to ensure effective project development and implementation:
- Prioritize efforts: Innovation centers must maximize limited resources by prioritizing demands for support and development. Institutions should prioritize efforts by determining center mission, defining mission specific selection criteria, and ensuring ongoing project appropriateness.
- Create a safe space for creative design: The facilitation of disruptive change requires a mindset distinct from the protocol-driven health care space. Centers should foster a creative, risk-tolerant environment by familiarizing staff with innovation processes, securing dedicated innovator time, and developing space separate from hospital walls.
- Facilitate cross-disciplinary collaboration: Innovation efforts often lack the coordination needed for effective execution, resulting in duplicative efforts and a lack of access to appropriate resources. To execute collaborative, multidisciplinary projects, successful centers are building multidisciplinary innovation teams and hardwiring collaboration in center processes.
- Translate ideas to implementation: Transitions from project development to implementation often lead to a loss of project understanding and sense of ownership. To execute effective transitions, profiled institutions are thoughtfully structuring knowledge transfers for implementation and building in-house support for innovation efforts.
Members, read on to learn more
This white paper explores how progressive innovation centers address challenges to execute innovation projects. Learn how to create, structure, and execute your innovation plans and prioritize your efforts for maximum impact.