Innovations in Healthcare

By Prof. Paul Lillrank
Professor at Aalto University School of Science
Department of Industrial Engineering and Management
Co-Founder – Institute of Healthcare Engineering, Management and Architecture (HEMA)
Co-Founder – The Nordic Healthcare GroupCo.Ltd (NHG)

Supporting Faculty: Sachin Gaur, Director Operations, InnovatioCuris

Date: October 4, 2018

Venue: The Leela Ambience, Gurugram

Course fee: 5,900 INR

Course outline

Healthcare is a troubled sector in need of innovations: new goods, services and business models that can be replicated and distributed creating value to both the innovator and the user. Innovations require a bit of inspiration and a lot of perspiration. Creativity can’t be learned from books, however, service systems, production processes, markets, and business models follow regularities, that a prospective innovator can’t ignore.

This seminar is about innovations in healthcare from two perspectives.

The Business Model Canvas (BMC) is a simple but powerful way to get an overview of productive activities. It requires the definition of key elements and their relations: offered value; customer segments, channels and contacts; resources and how they are organized into processes and key partnerships; and cost and revenue models.

The Demand-supply Operating logic (DSO) claims that Healthcare is not one industry with one logic, but rather a cluster of overlapping business models. These emerge when demand and supply – what needs to be done and what can be done – meet in different ways. Emergency is one DSO; it requires a different business model than, say, Prevention, another DSO.

BMC and DSO together form a powerful conceptual framework for developing and focusing innovative ideas.

About the instructor

Paul Lillrank is a Professor at Aalto University School of Science, department of Industrial Engineering and Management, where he has co-founded the Institute of Healthcare Engineering, Management and Architecture (HEMA), and its commercial spin-off The Nordic Healthcare Group Co.Ltd (NHG). He has published ‘The Logics of Healthcare – The Professional’s Guide to Health System Science (Francis & Taylor 2018), and, together with VK Singh edited the book ‘Innovations in Healthcare Management – Cost-effective and Sustainable Solutions (Francis & Taylor 2015)

*We have limited seats and the registration is on first come first serve basis.