Bringing It All Together: Making an Impact on Your Company & Industry

There are three major strategies you need to implement if you want your organization to have a serious impact on an industry, especially one as complex as healthcare. First, start with a clear understanding of your goals and values, as this grants the insights needed to deliver meaningful, purposeful change. From there, develop a compelling company culture, since if you have a clear vision for the change you want to make, you can only be sure that it will be carried out if you can unite others around those goals. Lastly, to make an invitation to grow, tweaking your culture and leadership style to give people the room they need to experiment and innovate without the fear of failure.

Lessons For Encouraging Innovation

Even with a path to success laid out before you, you still need to reach your goals in the fastest and most efficient way – respecting both time and resources. There are several ways to achieve this: at a company level, learning and development are a necessity, as we often pick up on behaviors that are counterintuitive to success. For instance, there is pressure to be right and avoid failure, but it’s not always about being right on the first go. Sometimes it’s about failing to learn from your outcomes and the experience, then applying them to your business strategy. Foster an environment where employees feel supported and comfortable enough to take innovative risks, then learn from what went wrong and what went right.

Then there’s the technology side: data science is an excellent way to translate the complexities of your goals into actionable outcomes, allowing you to translate your mission into an executable product or service. When adopting new technology though, don’t forget about the human element: for example, many experts say that the future of AI is not about being technology-driven; but rather about human talent and new organizational structures that use technology to bring out the best in people. Data security is also important here, essential for protecting your data, even if it isn’t a silver bullet solution.

Key Takeaways to Consider

When you embrace all of the tools at your disposal and embrace learning as a cornerstone for organizational success, you empower yourself and those around you to innovate. Whether it’s big, tech-centric companies like Google, Apple, and Amazon, or healthcare businesses like MedStar Health, these organizations realize the importance of learning and innovation, taking steps to strengthen both. Additionally, companies like these that have excelled in the marketplace have been led by passionate people who look for any possible way to help and aid their customers. It’s a total mindset and attitude that spreads like wildfire to your employees and is the secret to success.

If you want to make a change in your organization and your industry, remember the following key points:

1. Market your innovation, bolstering your culture and workplace mindset
2. Failure can be uncomfortable, but it is also an invitation to grow
3. Always try and learn from the experience
4. Technology is an enabler, so don’t hesitate to invest and integrate technology
5. When making technology investments, be sure to invest in Information security as well
6. Bring it all together
7. Serve your patients to the best of your ability.

Preparing For The Future

On the quest for excellence, failure is inevitable, and you can’t push forward without getting a few bumps along the way. Making serious company-wide or industry-wide change is never easy: you have to balance the tension between reinforcing your core and redirecting your strategy, between strategic focus and flexibility. But with the right strategy, the right mindset, and the right team, it’s possible. Remember that it’s never too late to do an audit on your organization. So, if you want to elevate your employees, your patients, and yourself, now is the time to start planning!