Sickcare Digital Transformation Playbook

Sickcare Digital Transformation Playbook

GUEST POST from Arlen Meyers

First there was the Great Recession. Then came the Great Resignation. Now we are facing the Great Digital Transformation, i.e. how do businesses win the 4th industrial revolution?

When cloud computing collides with 5G, the internet of medical things, quantum computing, virtual reality and virtual medicine, all occuring in an environment of volatility, uncertainty, complexity and ambiguity, things get wicked.

So what should be your next steps if you want to be standing on the middle podium of sickcare digital transformation?

  1. Create value by constantly changing and testing your business models
  2. Scale your culture
  3. Lead innovators, don’t manage innovation systems
  4. Focus on the people part
  5. Transform sick care to healthcare
  6. Fix your dysfunctional processes and eliminate waste
  7. Steal ideas from other industries
  8. Be sure you get the right information and communication tools to the job site
  9. Change your mindset1
  10. Commit to adoption of digital solutions with the same passion that you commit to strategy.
  11. Become an ambidextrous organization
  12. Think big, start small, stay small on projects that matter to end users and patients.

The digital transformation of medicine has become a land grab for investor’s money and end user shelf space. Some think it is a bubble and it remains to be seen how much will be left after the pandemic. One thing you can be sure of, though, is that the solutions will mutate faster than the corona virus and we will need constant innovation to immunize ourselves against obsolescence and the corporate immune system.

Image credit: Pixabay

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About Arlen Meyers

Arlen Meyers, MD, MBA is an emeritus professor at the University of Colorado School of Medicine, an instructor at the University of Colorado-Denver Business School and cofounding President and CEO of the Society of Physician Entrepreneurs at www.sopenet.org. Linkedin: https://www.linkedin.com/in/ameyers/
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