This course is the continuation of "Introduction to Enterprise Growth and Innovation". If you have not visited the first part yet, please check it out before starting this course. If you have finished the first part of this series: Introduction to Enterprise Growth and Innovation, you will be able to apply what you learned to your own career.
You will explore the challenges and processes for harnessing technological innovation for new-business development, with special focus on digital healthcare transformation. You will gain an understanding of enterprise growth and innovation topics through readings, cases, and exercises, including learning how firms from different industries gain competitive advantage through distinctive products and services. The vast expertise of faculty combined with topic perspectives from the Mayo Clinic make this an engaging and unique course.
It's important to note that if you like what your learning in this course and have a healthcare innovation project that you want to see if you can fully realize, consider enrolling in the for-credit version of this course, part of the MS in Management: Digital Transformation in Healthcare degree.
Breakthrough scientific discovery might happen in moments of brilliant, individual thought and experimentation; innovation, on the other hand, is the application of existing and new science and technology to user problems in specific use cases. Effective design can only come by immersive conversations with users for specific use cases. This module examines the methods required for effective user-centered design.
Practice Exercise: User Needs Template 2•5 minutes
Practice Exercise: User Needs Template 3•20 minutes
Module 1 Quiz•20 minutes
Module 1 Honors•10 minutes
2 app items•Total 8 minutes
Drag and Drop Interactive: Perceived and Latent Needs•3 minutes
Practice Exercise: User Needs Template 6•5 minutes
1 discussion prompt•Total 15 minutes
Milestone 1: User Centered Designs•15 minutes
Module 2 - Translating Designs into Solutions
Module 2•4 hours to complete
Module details
In this module, you will begin learning how to systematically translate the gathered user and buyer insights into compelling design. The focus of this module is on development of new products and systems solutions.
Step 2: Assess Impact on the User and Use Cases•5 minutes
Layered, Modular Architecture Design•8 minutes
Industrial Example of Modular Design•4 minutes
Don’t Forget the Packaging•7 minutes
Composite Design for Rapid Implementation•5 minutes
Create Prototypes•4 minutes
14 readings•Total 37 minutes
Six Steps of the Design Process•10 minutes
Design Template 1: Concept Sketch•2 minutes
What Makes Compelling Designs?•2 minutes
Assessing Impact of an Innovation Design•2 minutes
Design Template 2: Assess the Impact of the Design•1 minute
Practice Exercise: Design Template 2•5 minutes
Step 3: Develop a Layered Architecture•1 minute
Layered Architecture in Healthcare Example•3 minutes
Step 4: Define “Packaging” for your Innovation•1 minute
Step 5: Composite Design for Rapid Implementation•2 minutes
Drug Eluting Stent Composite Design Example•1 minute
Step 6: Create Prototypes•1 minute
Design Template 7: Define the Prototype - MVP•1 minute
Practice Exercise: Design Template 7•5 minutes
5 assignments•Total 65 minutes
Question to Consider •1 minute
Check Your Knowledge•1 minute
Drug Eluting Stent Composite Design Practice•3 minutes
Module 2 Quiz•30 minutes
Module 2 Honors•30 minutes
1 peer review•Total 60 minutes
Healthcare Innovation Project •60 minutes
1 discussion prompt•Total 30 minutes
Thinking About Design•30 minutes
1 plugin•Total 28 minutes
Idealized Design, Systems Thinking and a Model for Outlier Innovation by Dr. Russell Ackoff•28 minutes
Module 3 - External Facing Services and Platform Design
Module 3•3 hours to complete
Module details
This module continues to explore how user and buyer insights are translated into compelling design. The focus is more specifically on architecture software, services, and platform design.
Designing Services: Two Major Frameworks•5 minutes
A Worker's Comp Example•7 minutes
Platforming Definitions•5 minutes
Modularity, Scalability, and Good, Better, Best •9 minutes
Video: IoT Systems Innovations•6 minutes
IoT Systems Innovations: Industrial Example•4 minutes
Consumer Cases IoT Dental Example•3 minutes
8 readings•Total 32 minutes
Software, Services, and Process Design•1 minute
Healthcare Innovation Project Review •10 minutes
Design Template 4: Software Architecture and Strat•2 minutes
Designing External-facing Services•2 minutes
Design Template 5 and 6•2 minutes
Practice Exercise: Design Template 6•10 minutes
Platforming for Products, Systems, and Services•2 minutes
IoT System•3 minutes
4 assignments•Total 56 minutes
Innovation Process Steps•3 minutes
Check Your Knowledge•30 minutes
Module 3 Quiz•15 minutes
Module 3 Honors•8 minutes
1 discussion prompt•Total 40 minutes
Products, Product Lines, and Platforms - Milestone 3•40 minutes
Module 4 - Making the Business Case and the Pitch
Module 4•7 hours to complete
Module details
Innovation should be viewed as investments to improve quality, productivity, or asset utilization. That means that healthcare innovators – you – must understand the hospital as a business and strategies for improving its own financial health as an operating entity. This is the primary focus of this Module.
What's included
7 videos11 readings4 assignments1 app item
Show info about module content
7 videos•Total 33 minutes
Innovation and the Business Case Introduction•6 minutes
OPEX•3 minutes
CAPEX•3 minutes
CAGR•4 minutes
Digital Business Process Transformation•3 minutes
Business Case Templates•3 minutes
The Mayo Business Case•12 minutes
11 readings•Total 111 minutes
Making the Business Case•1 minute
Financial Drivers for a Business•2 minutes
Framework for Creating Value and Assessing Performance•8 minutes
Types of Innovation Projects•2 minutes
Business Case Template 1•5 minutes
Business Case Template 2•5 minutes
Practice Exercises - Business Case Examples•60 minutes
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