Corporate Innovation
Our corporate innovation services help established healthcare companies create an internal culture of innovation and bring new healthcare solutions to market quickly. This includes innovation strategy consulting, design sprint facilitation, establishing innovation labs/teams, and upskilling employees on agile, design thinking, and lean startup methodologies.
Overview of the steps involved in implementing our corporate innovation program within an established healthcare company. This provides an overview of how we would deploy our end-to-end corporate innovation solution within an established healthcare company to enable sustainable innovation capabilities. The steps are customized based on each organization's specific needs and objectives.
1
Assess the current state of innovation
- Interview leadership and employees at all levels
- Review business strategy and identify gaps
- Audit existing workflows and processes
- Identify pain points and opportunities
2
Define the innovation strategy and goals
- Partner with leadership to set goals for innovation program
- Outline focus areas aligned to business objectives
- Set targets for metrics like ideas generated, prototypes built, solutions launched etc.
3
Build internal capabilities
- Conduct workshops on design thinking, agile, lean startup for employees at all levels
- Enable hands-on learning through hackathons, bootcamps, simulations
- Develop internal coaches to support innovation teams
4
Deploy idea management processes
- Implement crowdsourcing platforms and suggestion boxes
- Conduct periodic brainstorming and ideation sessions
- Form cross-functional teams to evaluate and select ideas
5
Accelerate development
- Guide teams through design sprints to prototype and develop MVPs
- Provide access to innovation labs equipped with latest technologies
- Facilitate agile sprints and user testing cycles
- Connect teams to external partners and vendors as needed
6
Instill culture of continuous innovation
- Define roles like Chief Innovation Officer, innovation team leads
- Coach managers to lead innovation projects and teams
- Encourage collaboration, learning and user-centric mindsets
- Gather ongoing user feedback through surveys, beta groups etc.
7
Refine and scale what works
- Track innovation metrics and KPIs
- Analyze data to identify what activities, programs are effective
- Showcase and celebrate innovation successes
- Secure leadership buy-in to scale effective programs across the organization
8
Sustain innovation post-deployment
- Gradually transfer ownership of innovation initiatives to internal teams
- Maintain coaching/advisor role to support teams as needed
- Partner with leadership to continue progress on innovation strategy.