Graduates of this course will leave with a unique perspective of how health care operations could be done, how strategy is formulated, and how innovation can be achieved in the face of great challenge. We look at several examples and cases of how other industries innovate, and in each instance look at how those same approaches and tools can be leveraged in a health care setting. Graduates of this course will be better equipped to stand out among the future leaders of any health care practice, and lead the way in crafting new approaches to health care problems, even in a constantly changing environment.
For graduates of the Strategy & Innovation course, they will leave the class with an understanding and an initial assortment of tools to help them lead the next innovations and growth for your health care practice. Your future leaders must be equipped with the knowledge and skills to help lead your institution forward, and this course helps to facilitate that investment in your people.
The changing health care sector landscape compels us to think outside of traditional paradigms, implementing new strategies and innovative solutions to stay relevant to patients, payers and providers. This course employs some of the methods used to define new strategies and enable innovation.
Drawing on decades of experience in strategic consulting, investment banking, operational management and health care leadership, the instructor for this course brings real life cases, lessons and experiences to the course to provide meaningful, applicable knowledge for course attendees to implement. The case studies and examples given illustrate the challenges, dynamics and opportunities present in today’s health care environment.
Course participants will benefit from this course by understanding the driving forces in the current U.S. health care market, and how health care leaders can chart new strategies in response to those market dynamics.
Additionally, emphasis will be given to how innovation in the health care sector can support strategy, enable sustainability, and lead to breakthroughs and meaningful, positive impacts to the patients we serve.
Course participants should leave this course with a keen thought process of executive-level strategic thinking, value creation and innovation.
Participants in the course should have completed undergraduate studies in business or a health care-related field, or should have equivalent experience, along with a basic understanding of clinical operations and practices. Graduate study in a similar field is beneficial but not required.
PARTICIPATION AND MATERIALS
The 1-day program is constructed around a foundational understanding of strategy, and the methodology in crafting strategy. With that foundation, the course also communicates the innovation process, how it relates to strategy, and tools and methodology available to help start or enhance innovation in the health care environment.
Prior to the course, a short suite of articles will be provided by the instructor that is pertinent to the course’s studies. Additional material may be provided after the course for further reading and reinforcement of the principles discussed. Students will be further enriched and gain greater value from the course having read these articles and come prepared to discuss them in class.
Larry Rook | Bio
The foundation of the day’s material begins with strategy, how it is defined and used to migrate a health care practice or system through an ever-changing landscape of competitors, alternatives and other market forces.
A case is used throughout the session to illustrate concepts, perspectives and the dynamics affecting the decision-making process of health care leaders.
Building upon the foundation of strategy, we explore how innovation enables strategy, and implement some of the best methods used to boost innovative efforts within the health care framework.
*Part of the value of any higher education course is the opportunity to network with your classmates and peers, exchange ideas and information, and discuss opportunities for future collaboration, career growth, etc. To this end, an unofficial meet-up after class will be available to interested students to facilitate this free flow of information. Details will be given in class.
Participants in the course will be graded upon the following guidelines:
The group activity will encompass material assimilated during the course as well as reading material provided before class and/or outside of class. Scores will be based upon a combination of group engagement, application of course material and innovation within the framework of the group’s assigned problem.