Ronald Hammond’s Post

Looking to take your healthcare venture to the next level?   Imagine tapping into a global brain trust of over 2,500 seasoned healthcare experts from 60 countries. 🧠🩺   How could their expertise supercharge your business?   Dive into my advisory network and unlock a world of possibilities for growth and innovation in healthcare.   Explore how collaborating with our advisors can not only inform your market expansion strategy but also ensure your innovations prioritise delivering medical value above all else! 🩺💚   #healthcare #innovation #advisorynetwork #advisors

Mastering Your Mindset: Portfolio Thinking in Healthcare Innovation In healthcare, adopting a strategy from financial portfolio management offers opportunities to increase both ROI and innovation efficacy. Just as financial experts balance investments to maximize returns and minimize risks, healthcare leaders can apply a portfolio mindset to maintain steady incremental improvements and strategically bet on future innovations. The Essence of Portfolio Thinking in Healthcare Innovation in #healthcare should be a calculated strategy aligned with organizational goals. By adopting a portfolio approach, we can diversify innovation efforts across three primary categories: 1. Internal and Incremental: These #innovations, essential for continuous improvement, should comprise about 80% of our efforts, focusing on refining systems and processes that directly impact patient safety, clinical outcomes, consumer experience, and business results. 2. Hybrid: Around 10% to 15% of our efforts should push beyond current capabilities, involving collaborations with technology firms, academic institutions, and cross-industry partners to introduce fresh ideas into our practices. 3. External and Potentially Disruptive: The remaining 5% should be reserved for pursuing high-risk, high-reward innovations that could potentially disrupt the healthcare landscape. These ventures are deeply embedded in expansive ecosystems beyond our direct control and require careful consideration and #StrategicPlanning. Balancing Risks and Returns Balancing these elements requires a reimagined approach and support structures that may not exist within healthcare organizations. Each segment of the innovation portfolio serves a distinct purpose, contributing to a holistic strategy that supports both stability and advancement. The Goal of Portfolio Thinking The goal is to optimize the impact and feasibility of innovations. By strategically allocating resources and #leadership bandwidth, healthcare systems can address immediate needs and position themselves for future success. This approach ensures resilience and adaptability, enabling incremental changes that enhance day-to-day operations and embracing disruptive innovations that pave the way for future advancements. Conclusion As healthcare leaders, our mission extends beyond the treatment of disease and championing health and well-being; it involves steering innovation to significantly benefit and further serve those we care for. By mastering the art of portfolio thinking, we elevate what is possible and steward a future that is more probable. Reflect and Respond: 1. What strategies can your organization implement to ensure a balanced innovation portfolio that addresses both immediate needs and future challenges? 2. How can your organization leverage partnerships to enhance innovation capabilities without losing sight of its core mission? #LeadWithImagination #BestIdeasWin #HealthcareLeadership #HealthcareInnovation

In today’s fast-evolving healthcare landscape, a growth mindset is crucial for adapting to the changes driven by technology and value-based care. As the article highlights, a fixed mindset can limit innovation and progress, especially in healthcare settings where adaptability and continuous learning are key. The shift toward value-based care requires healthcare leaders and professionals to embrace change, seek new solutions, and remain open to novel approaches. This mindset fosters collaboration, improves patient outcomes, and drives better organizational results. At New Solutions Network, we believe that a mindset of growth and learning can fuel the innovation needed to meet the future of healthcare head-on. 🌱🚀 Let’s continue to challenge the status quo and grow together! #GrowthMindset #ValueBasedCare #HealthcareInnovation #ContinuousLearning #DigitalHealth

#Healthcare #Leadership #ClinicalOperations #Integration Leveraging the expertise of clinicians who understand patient needs and care processes can drive substantial business improvements. While the integration of new healthcare software is both necessary and beneficial, there should also be an awareness of its limitations. Achieving a balance between leveraging automation and maintaining workforce morale and the human element in healthcare is important. There’s a significant opportunity to win back talented clinicians who have become disenchanted. By allowing clinicians a voice in decision-making processes and integrating their insights at the executive level, organizations can greatly enhance their operations and patient care. 

Have you considered the power of "non-goals" in your healthcare IT projects? When planning a new health tech initiative, we often focus solely on what we want to achieve. But defining what we won't do can be just as crucial. Non-goals help set clear boundaries and keep teams laser-focused on core objectives. Why are non-goals so important? • They provide clarity and prevent scope creep • They set realistic expectations for all stakeholders • They allow teams to concentrate resources on key priorities By explicitly stating what's out of scope, you can avoid the common pitfall of expanding features beyond the original vision. This targeted approach leads to more successful outcomes and efficient use of time and resources. Next time you're planning a healthcare IT project, don't forget to define your non-goals. They might just be the secret ingredient to transform your Product Definition Review and revolutionize your results. Want to learn more about leveraging non-goals in health tech? Check out the full article here: #HealthcareIT #ProjectManagement #DigitalHealth #ProductStrategy #HealthTech**

Transforming healthcare isn’t just about delivering excellent services—it’s about creating a culture of care that lasts. Seven years ago, we embarked on a mission to reshape healthcare delivery by making customer-centricity part of an organisation’s DNA. While a one-time training might offer short-term results, we knew true change requires continuous commitment. That’s why we created our proprietary BUILD. OPERATE. TRANSFER (B.O.T) model, designed to instill a patient-first mindset, ensure ownership at every level, and elevate service excellence throughout the organisation. Through ongoing follow-ups and consistent evaluation, our model goes beyond initial training. We embed these practices into the fabric of the organisation, making the impact last. It’s not just about training; it’s about fostering long-term, meaningful transformation. Seven years, countless patient interactions, and a culture that thrives on empathy and accountability—our B.O.T Model continues to shape the future of healthcare, one transformative step at a time. Contact us at info@spandanhealth.com | 7836917722 #spandanhealth #transformingtoday #consulting #training #healthcare

I’m honored to be consulting for a company that’s going to change healthcare as we know it. I wish I could name this company, but it’s early stage, and if did blab, I would be needing healthcare. :) #CreativeDirection, #Consulting, #Healthcare, #Innovation, #Creativity

What we do best is international organizational transformation for healthcare companies - whether you are a start-up and $1B entity we can help you innovate and evolve. #organizationtransformation #healthcare

At Drs. Advocate, we believe true success lies in creating meaningful impact. Whether you’re building a medical practice or innovating healthcare, the goal should always be to transform lives—not just your bottom line. Let us help you connect with the right tools, technology, and network to elevate your vision and redefine healthcare excellence. 🌟 Are you ready to make a difference? Let’s build something extraordinary together. 💼✨ #MedicalEntrepreneurship #HealthcareInnovation #DrsAdvocate”