The Case for Open Innovation in Health | Sara Holoubek of Luminary...

The Case for Open Innovation in Health | Sara Holoubek of Luminary Labs

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“Most large healthcare companies will have numerous teams – innovation teams, maybe a venture fund, business units – all doing different things,” says Sara Holoubek, CEO of Luminary Labs, a consultancy known in healthcare for its expertise staging open innovation challenges. “How much more powerful would it be if everyone agreed on a common investment thesis? ‘We know our business model is changing and, therefore, where is our big bet?’”

The ‘big bet’ is not always easy for stakeholders in healthcare companies to agree on. Hence, Sara’s advocacy for open innovation, a methodology built for collaboration both internal and external to the organization. She’s been masterminding challenges, hackathons, participatory design sessions, and the like in healthcare for years, helping pharma companies, health plans, health systems and government organizations gain access to new ideas from external problem solvers and startups.

Open innovation not only brings much-needed agility to the way these big companies develop products, build partnerships, or pivot into new markets, but it also helps clarify which business problems the organization is actually trying to solve.

Large organization or small, how do you know when it’s time to take your innovation efforts outside? How do you make sure that your open innovation attempt is truly a ‘challenge’ and not just a splashy brainstorming session or hackathon to nothing?

A few weeks back, Luminary Labs published ‘The State of Open Innovation Report’ in effort to help benchmark the practice and build its business case as a worthwhile methodology for business innovation. Seeds of the report can be found in this interview. Listen in as Sara defines the practice and shares her tips and best practices.

Get a glimpse of the future of healthcare by meeting the people who are going to change it. Find more WTF Health interviews here or check out www.wtf.health

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2 Comments on "The Case for Open Innovation in Health | Sara Holoubek of Luminary Labs"


Member
pjnelson
Today 1:09 pm

As compared to the other 34 OECD nations and their healthcare industry, let’s accept that the practical and theoretical attributes underlying our strategies for improvement offer very little assurance that its over-all efficiency and effectiveness will substantially improve. In spite of isolated examples of high quality and efficiency, there is no evidence that our current strategies for healthcare reform will lead to steady and pervasive improvement. As a recognition that a profound level of COGNITIVE DISSONANCE may exist around our shared understanding of HEALTH, I offer a new, expanded definition of HEALTH as a basis for an improved focus for successful, multi-dimensional healthcare reform.

HEALTH may be defined as
……a person’s daily expression of Well-Being during life-long survival that is —
.ENDOWED BY the person’s individually unique Clusters of Human Capabilities
…and their transformation during maternal gestation
…to become sufficient for survival after birth as a Dependent person
…with an innate temperament and baseline homeostasis;
.NURTURED BY the Caring Relationships originating
…’before birth’ within the Dependent person’s Family
…to assist the person explore the broadest portrayal
…of their reflective-cognition Cluster of Human Capabilities
…for becoming an Independent person and
…’after birth’ within the Extended family and
…next-door-neighbor Network of the person’s Family
…to offer periodic kindness and respect, especially during
…any encounter involving the person’s innate temperament;
.CHALLENGED BY the nearly continuous encounter
……with modest disruptive processes
…beginning before birth and occurring as interacting combinations and patterns
…to cause reversible or irreversible and variably beneficent or maleficent effects
…on the developmental resilience of the person’s combined reflective-cognition
…Cluster of Human Capabilities, innate temperament and baseline homeostasis
…’as ameliorated’ concurrently through the Caring Relationships originating
…within the person’s Family and Extended Family;
.MATURED BY the episodic encounter with substantial disruptive processes
…beginning before birth and occurring as interacting combinations and patterns
…to cause reversible or irreversible and usually maleficent effects
…on the resilience of the person’s combined Clusters of Human Capabilities,
…innate temperament and baseline homeostasis ‘as mitigated’
…concurrently through the Personal Survival Plan of the person; AND
.SUSTAINED BY the ‘Survival Commons’ of the person’s community and
…BY the Family Traditions of the person’s Family and Extended Family
…until the resilience of the person’s combined
…Clusters of Human Capabilities, innate temperament and baseline homeostasis
…becomes insufficient for survival from the cumulative, maleficent effects
…of the disruptive processes encountered throughout the person’s life-time.

Its a bit “long winded” but includes the dimensions contributing to the expression of any person’s HEALTH. As a reminder, the number of mass shootings occurring annually in the last 30 years has increased by 234%. The incidence of our nation’s maternal mortality has increased by 239% during the same interval. The HEALTH definition above offers a means to correlate these two HEALTH attributes as a basis for considering a national strategy for their simultaneous improvement.

The Data for Mass Shootings my be found at: https://doi.org/10.1002/jip.1491

Member
pjnelson
Today 3:32 pm

Addendum: corrected for 2016 dollars, our nation’s health spending per citizen was $3,726 in 1986. In 2016, it was $10,348. The increase per citizen annually during the thirty years was 278%. Apparently, our nation’s social cohesion as a means to improve HEALTH was unaffected by the increase in health spending. Remember, the research underlying Social Capital has demonstrated that a reverse causality exists between Trust and HEALTH.

See http://dx.doi.org/10.1136/jech-2015-205822