The department of commerce expects that 50% of all new employment between 2012 and 2022 will be created in the health and professional services industries? Is your organization going to drive this growth? Or are you currently in cost cutting mode, because your revenues are under pressure? To benefit from this growth you will have to innovate, but how good are you at innovating?
Research and development can provide innovative solutions to today’s pressing health care challenges. The NIH invests a vast amount of money in research; basic and translational research. The centers for Medicare and Medicaid also spent considerable money on innovation. In comparison, the health services industry is lacking behind. If the purpose of innovation in health care is to improve patient care, who is going to take care of the innovations that impact the latter?
Legal innovation may not be main stream, but it certainly happens, as the yearly issue of the Financial Times Innovative Lawyer attests. The number of law schools that offer entrepreneurship and innovation courses is growing too. So are the number of legal innovation labs, such as the NuLawLab at North Eastern University and ReInvent Law at Michigan State. How about legal breakthrough innovations?
Innovation requires leadership. What does it take to become a great leader? Will a 1-day workshops or corporate leadership training program do? Unlikely. Roselinde Torres, from the Boston Consulting Group, describes 25 years observing truly great leaders at work, and shares three simple but crucial questions innovators may like to ask themselves in order to thrive as leader