The answer is you should care — digital maturity matters. In general, according to a recent Cap Gemini Consulting study, digitally mature organizations with a strong digital strategy have at least twice the profitability of their peers who lagged behind. Unfortunately, there is a lot of confusion as to what a Digital Strategy is. A…
Category: Strategy
Stopping the devastation of brain aneurysms
Evasc Medical Systems Corp. is an endovascular medical device company whose primary focus is the development of a unique therapy, eCLIPsTM, which will help the thousands of people whose brain aneurysm occurs where the two arteries meet. These weak branches often bulge or balloon out, rupturing and leaking blood into the space around the brain,…
Using games to improve stroke recovery
Each year, about 795,000 people in the United States have strokes. Recovery depends heavily on your ability to access physical therapy. The Hand Mentor from Kinetic Muscles (KMI) in Arizona, uses gaming principles to encourage people to do the therapy that can help them recover the use of a hand or foot. Recovery is based…
Small implantable batteries solve big healthcare problems
EaglePicher Medical Power is a world leader in implantable medical cells. Built out of titanium or stainless steel, these small cells power incredible devices such as Cochlear Implants, Pacemakers, Implantable Defibrillators, and Pressure sensors. EaglePicher Medical is a small division of a large corporation. They had excellent technology but were wrestling with the best target…
Giving people back their lives
Medtronic is one the worlds largest producers of cardiac and neurological pacing equipment. Imagine your hands shaking so bad that you can not feed yourself, or not being able to stand anymore because your legs are trembling. For Canadians who have have Parkinson’s or Tremors, these are real and everyday events. Deep Brain Stimulation (DBS)…
Accelerating the development of nanomaterials
SFU 4D LABS focuses on accelerating the design, development, demonstration, and delivery of advanced functional materials and nanoscale devices. Growing any business is hard let alone one like SFU 4D LABS that provides lasers, nanofabrication and nanoimaging services to industry and academia. We implemented a strategic planning process that started with understanding why people do…
Six forces that shape a healthcare market entry strategy
From Harvard Business Review, a great read on the six forces that drive healthcare; players, funding, policy, technology, customers and accountability. A few minutes spent with it can help you shape a market entry strategy based in reality! Written in 2006, it is a relevant today as the day it was published. https://hbr.org/2006/05/why-innovation-in-health-care-is-so-hard
