Disruptive Innovation Theory & Practice, Plain & Simple
What you'll learn
- The potential devastating effect of getting too comfortable in any business, especially healthcare
- Examples of organizations that have gone out of business overnight.
- How to survive disruption.
Requirements
- There are no course requirements or prerequisites. This course in a foundation course.
Description
Note: This course was recently updated (Dec 2022)
WHY IS THIS COURSE IMPORTANT?
"Business as usual" is no longer a viable strategic option for business and especially the healthcare sector. Healthcare costs are skyrocketing and the quality of care does not seem to be increasing significantly. Some hospitals are experiencing bankruptcy. Non healthcare entrants like Google, Amazon and Apple are seeing strategic opportunities in healthcare. Many think the healthcare business model needs to be significantly changed or "disrupted" to survive. Learning the key concepts behind disruptive innovation with proof cases is key to being able to plan for this new world of high value healthcare.
WHAT WILL YOU LEARN IN THIS COURSE?
In this course you will learn
Theory of Disruptive Innovation
Business Examples
Healthcare Examples
Key takeaways for Surviving Disruptive Innovation
This course includes:
Video lectures
Quiz to test your retention
Significant number of resources to do a deeper dive into this topic.
WHO IS THE IDEAL STUDENT FOR THIS COURSE?
You will learn a lot from this course if you are
Curious about how disruptive innovation can disrupt your life
Starting a career in business strategy and innovation
Are at the cutting edge of healthcare and seeing first hand how disruptive innovation is impacting the system
Are someone who is building new business models for your organization
WHAT IS YOUR TEACHING STYLE?
My teaching style is a very pragmatic one. I assume you know nothing about this topic and start with the foundation and build from there. Some of these concepts could be challenging, so I sprinkle in as many examples as I can, both non healthcare and healthcare, to assure full understanding of the topic. This is why I have appended "Plain and Simple" to all my courses.
WHY ARE YOU QUALIFIED TO TEACH THIS COURSE?
I spent 35 years in the designing and launching of medical imaging products and services. My career evolved from leading engineering teams, to becoming VP Marketing and then to president of a Healthcare IT firm. It is also based on 15 years of university teaching.
Who this course is for:
- Those currently in a healthcare position, wanting to learn more about Information Systems and the role they play in healthcare.
- Those considering a career change and wanting to learn more about Healthcare Information systems.
- Those entering the healthcare industry and considering a career in Healthcare Information Systems
- The eternally curious
Instructor
Tom Giordano is a 28 year veteran of Philips Healthcare. He retired in 2005 as Vice President of Marketing, where he was responsible for 240 marketing professionals and several billion dollars in product. Through his career, Tom held a wide variety of positions of increasing responsibility at Philips, starting in engineering, progressing to product management, then marketing management and finally senior level business leadership. In 2004, he was awarded the prestigious Presidential Award from Philips for forming a new entrepreneurial business unit that tripled sales in 18 months. Tom played a key role as a course developer and instructor in the management development and executive training efforts with the Philips High Potential Development Center.
Following his retirement from Philips, Tom joined the adjunct faculty of the graduate business schools of the University of New Haven in Connecticut and the University of Washington in Seattle. He currently holds a positiion as "Executive in Residence" at the University of New Haven and continues to teach there with exceptionally high student reviews.
In 2009, while teaching at UW and UNH, he became President of Sectra Healthcare North America for 2 years to lead a very successful turnaround effort.
Tom built a very successful internship program between Philips and the University of Washington and served as a mentor there for 15 years. He also served as a mentor in the University of Washington mentor program and was featured in the book "Mentoring Moments" by Susan Canfield.
Tom serves as chairman of the Patient Advisory Council of Saint Vincent's Hospital in Bridgeport, CT
Tom holds executive coaching certifications with both Lore International and Tilt 360. He holds a BS in Electrical Engineering from Drexel University in Philadelphia and a MS degree in Engineering from the University of Florida.