Tag Archives: hackathons

Should We Stop Asking Employees to Innovate?

Should We Stop Asking Employees to Innovate?

GUEST POST from Stefan Lindegaard

I recently revisited a comment from one of my older posts on how to train and educate executives on innovation. It went something like this:

“Innovation requires time and drive to explore new vistas, so it’s understandable that busy employees can’t be bothered with it. The best approach is for senior managers to assign a team, giving them the time and resources to innovate.”

While I agree that dedicated innovation teams with the right resources are crucial, the notion that “busy employees can’t be bothered” with innovation is not just dangerous, it’s short-sighted.

If leaders believe innovation is only for a select few, it signals that innovation isn’t truly a priority. And in today’s fast-evolving landscape, companies that don’t prioritize innovation throughout their ranks are setting themselves up for stagnation.

Here are a few of my thoughts on the matter:

1. Innovation isn’t just for the few, it’s for everyone – strategically.

Not every employee needs to work on breakthrough innovation, but every employee should have the opportunity to contribute. Whether through idea portals, hackathons, or innovation challenges, businesses should create accessible ways for employees to share their ideas and build on others’.

2. Innovation should happen in the day-to-day.

Often, the best innovations come from employees focused on improving their immediate environment. This type of incremental innovation – refining processes, enhancing services, or finding small but impactful efficiencies – should happen at the business unit level. Meanwhile, dedicated teams can tackle more disruptive and higher-risk projects with a long-term payoff.

3. It’s time to re-frame innovation.

The term “innovation” has become vague and overused. Consider a term like “impact” as a way to shift the focus from concepts to tangible results. Impact is measurable and reflects the outcome, not just the process. After all, what matters isn’t innovation for its own sake, but the meaningful change it brings.

Finally, corporate innovation teams should shift their roles from doers to facilitators and integrators – empowering business units to innovate while connecting internal and external resources. Collaboration, both within and outside the organization, accelerates innovation, increasing diversity of thought and speeding up results.

Scaling innovation across the company is a collective effort, not a siloed one.

What’s your take on this?

Image Credits: Pexels

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How Collaborative Innovation is Revolutionizing the Healthcare Sector

How Collaborative Innovation is Revolutionizing the Healthcare Sector

GUEST POST from Chateau G Pato

In the rapidly evolving healthcare industry, traditional models of innovation are no longer sufficient. Today, the integration of technology, data-driven insights, and collaborative approaches is redefining the future of healthcare. In this thought leadership article, we will explore the powerful impact of collaborative innovation within the healthcare sector, highlighting two compelling case studies that demonstrate its transformative potential. Let’s dive in!

Case Study 1: Open Innovation Platforms in Drug Discovery

In the quest for new treatments, pharmaceutical companies are increasingly turning to collaborative innovation models. One remarkable example is the Open Innovation Drug Discovery (OIDD) project by Eli Lilly. Instead of relying solely on internal expertise, Lilly embraced external collaboration, opening up its early-stage research projects to the global scientific community. Through a secure online portal, scientists from diverse backgrounds and organizations could contribute their ideas and expertise, leading to accelerated scientific breakthroughs.

The OIDD project not only tapped into a vast pool of collective intelligence but also fostered a collaborative ecosystem that transcended organizational boundaries. By collaborating openly, Lilly expanded their research network, leading to a 30% increase in the number of partnerships and a substantial reduction in drug development costs. This collaborative innovation model benefited not only Lilly but also the broader healthcare community, as it democratized access to cutting-edge research and improved patient outcomes.

Case Study 2: Healthcare Hackathons for Accelerated Innovation

Hackathons, traditionally associated with the technology sector, are increasingly finding their place in healthcare innovation. These intensive collaborative events bring together diverse teams comprising clinicians, engineers, designers, and entrepreneurs to tackle pressing healthcare challenges. By leveraging their collective skills and viewpoints, these teams work relentlessly over a short period, converging new ideas into viable solutions.

One striking example is the MIT Hacking Medicine initiative, which has revolutionized the healthcare hackathon landscape. Through their hackathons, MIT has successfully addressed a wide range of healthcare problems, such as telemedicine, patient monitoring, and personalized medicine. Participants with different backgrounds join forces, benefiting from interdisciplinary collaboration and ultimately creating groundbreaking solutions. These innovations have the potential to transform patient care, improve healthcare access, and enhance operational efficiency across the sector.

To delve deeper into the transformative power of collaborative innovation within the healthcare industry, we recommend reading the in-depth article, Lead Innovation, Don’t Manage It by Arlen Meyers. This article offers a comprehensive exploration of collaborative innovation and its role in reshaping healthcare delivery.

Conclusion

As the healthcare sector advances, collaborative innovation is emerging as a powerful force for positive change. The case studies discussed above, along with numerous others, clearly demonstrate the significant impact that collaborative approaches can have on accelerating breakthroughs, fostering cross-disciplinary collaborations, and enhancing patient outcomes. By embracing collaborative innovation, healthcare organizations can tap into a broader collective intelligence, tackle complex challenges, and revolutionize the delivery of care. The future of healthcare lies in collaborative ecosystems, empowered by technology and driven by a shared vision of improving health and well-being.

SPECIAL BONUS: The very best change planners use a visual, collaborative approach to create their deliverables. A methodology and tools like those in Change Planning Toolkit™ can empower anyone to become great change planners themselves.

Image credit: Pexels

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