Frugal Innovation In Healthcare

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Frugal Innovation in Healthcare

Aditi Ramdorai,Cornelius Herstatt
Frugal Innovation in Healthcare Book PDF

Author : Aditi Ramdorai,Cornelius Herstatt
Publisher : Springer
Page : 168 pages
File Size : 48,5 Mb
Release : 2015-04-29
Category : Medical
ISBN : 9783319163369

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Frugal Innovation in Healthcare by Aditi Ramdorai,Cornelius Herstatt Pdf

This book focuses on how companies are innovating with regard to the Bottom-of-the-Pyramid (BOP) − the lowest socio-economic segment, and the organizational conditions they need to be successful. The authors use several examples of disruptive innovations for this market, particularly in the Indian healthcare sector. Low-cost, specialty hospital chains like Aravind Eye Care and Narayana Hrudayalaya have brought down the cost of certain medical procedures significantly. The Indian conglomerate Tata Group and the American healthcare giant GE Healthcare have also developed affordable products targeted at the lowest-income segments in India. The authors present an in-depth analysis of these companies and present their insightful results on disruptive innovation and the ever-challenging BOP market.

Overview and Evaluation of Existing Frugal Innovations in Healthcare

Julia Weinhold
Overview and Evaluation of Existing Frugal Innovations in Healthcare Book PDF

Author : Julia Weinhold
Publisher : GRIN Verlag
Page : 61 pages
File Size : 42,9 Mb
Release : 2018-07-17
Category : Business & Economics
ISBN : 9783668752023

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Overview and Evaluation of Existing Frugal Innovations in Healthcare by Julia Weinhold Pdf

Bachelor Thesis from the year 2017 in the subject Economy - Health Economics, grade: 1,7, University of Leipzig (Economics and Management Science), language: English, abstract: The aim of this thesis is to contribute to a more precise understanding of frugal innovations in healthcare and further drawing scientific and entrepreneurial attention to them. With the help of the key elements of their business models, the procedures of ten frugal innovators are examined. All of them develop medical devices as well as services for healthcare delivery. The case studies provide empirical evidence to analyse under what conditions established companies of different types, can successfully commercialise frugal innovations. In this context, the development of a profound understanding of the target market as well as the design of a sustainable financing model, turned out to be the biggest challenges for the innovators. In addition, the success of the innovations is based on the establishment of a sector-wide network. Furthermore, this study aims to provide a basis for further investigations and the search for healthcare solutions to counteract the issue of medical under-supply in developing countries. The thesis subdivides into four main sections: After the brief introduction, the theoretical foundations and conceptual frameworks are introduced to enable a basic understanding of the topic. In the same place, the significance of healthcare innovations is explained. The second part depicts the scientific discourse and state of the art in the field of frugal product and service development, based on information from extant literature. With the explanation of the applied research methodology and procedure of analysis, the empirical part of this work commences in the third part. Subsequently it portraits ten examples of frugal innovations in healthcare in detail. The fourth section entails the empirical evaluation and discussion of the prior part. It concludes with theoretical and managerial implications and a prospect for the importance of frugal innovations in healthcare. Potential limitations are discussed and recommendation for further research is given.

Frugal Innovation and Its Implementation

Nivedita Agarwal,Alexander Brem
Frugal Innovation and Its Implementation Book PDF

Author : Nivedita Agarwal,Alexander Brem
Publisher : Springer Nature
Page : 305 pages
File Size : 55,7 Mb
Release : 2021-05-11
Category : Business & Economics
ISBN : 9783030671198

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Frugal Innovation and Its Implementation by Nivedita Agarwal,Alexander Brem Pdf

This book discusses several product development strategies and tools employed by organizations around the world to implement frugal innovations. Over the past decade, frugal innovations have caught the attention of countless management scholars. This book comes at the right time for academics and practitioners alike, as it explores how the concept of frugal innovation has evolved over the past several years and is shifting its focus from merely featuring ‘cost’ driven innovations to being more ‘resourceful’ and ‘sustainable’ at its core. Furthermore, in light of the ongoing digital revolution and emergence of new business models such as sharing economy and circular economy, the book highlights recent and upcoming trends and their impacts on frugal innovation strategies.

Frugal Innovation

Yasser Bhatti,Radha Ramaswami Basu,David Barron,Marc J. Ventresca
Frugal Innovation Book PDF

Author : Yasser Bhatti,Radha Ramaswami Basu,David Barron,Marc J. Ventresca
Publisher : Cambridge University Press
Page : 341 pages
File Size : 55,5 Mb
Release : 2018-11-15
Category : Business & Economics
ISBN : 9781107188976

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Frugal Innovation by Yasser Bhatti,Radha Ramaswami Basu,David Barron,Marc J. Ventresca Pdf

In light of growing discourse on 'frugal innovation', this book offers novel approaches to innovation based on extensive empirical research. The study complements a decade of scholarly attention on frugal innovation by taking a research-based approach to innovation in resource-scarce and complex institutional contexts. The findings suggest that concepts such as frugal, reverse, jugaad, social, grassroots and inclusive innovation in fact represent heterogeneous assemblies of innovation for social, environmental and economic value. The conceptual framework invites attention to more plural sources and elements in the study of models of innovation to inspire further research in the fields of strategy, innovation, entrepreneurship, economic sociology and development studies. The design framework offers models, metrics and competencies for practitioners and policymakers to identify, evaluate and design frugal innovations. The comprehensive view of frugal innovation demonstrates how firms can implement globally competitive strategies by pursuing innovation for humanity to improve lives for everyone, everywhere.

Reverse Innovation in Health Care

Vijay Govindarajan,Ravi Ramamurti
Reverse Innovation in Health Care Book PDF

Author : Vijay Govindarajan,Ravi Ramamurti
Publisher : Harvard Business Press
Page : 288 pages
File Size : 45,9 Mb
Release : 2018-06-19
Category : Business & Economics
ISBN : 9781633693678

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Reverse Innovation in Health Care by Vijay Govindarajan,Ravi Ramamurti Pdf

Health-Care Solutions from a Distant Shore Health care in the United States and other nations is on a collision course with patient needs and economic reality. For more than a decade, leading thinkers, including Michael Porter and Clayton Christensen, have argued passionately for value-based health-care reform: replacing delivery based on volume and fee-for-service with competition based on value, as measured by patient outcomes per dollar spent. Though still a pipe dream here in the United States, this kind of value-based competition is already a reality--in India. Facing a giant population of poor, underserved people and a severe shortage of skills and capacity, some resourceful private enterprises have found a way to deliver high-quality health care, at ultra-low prices, to all patients who need it. This book shows how the innovations developed by these Indian exemplars are already being practiced by some far-sighted US providers--reversing the typical flow of innovation in the world. Govindarajan and Ramamurti, experts in the phenomenon of reverse innovation, reveal four pathways being used by health-care organizations in the United States to apply Indian-style principles to attack the exorbitant costs, uneven quality, and incomplete access to health care. With rich stories and detailed accounts of medical professionals who are putting these ideas into practice, this book shows how value-based delivery can be made to work in the United States. This "bottom-up" change doesn't require a grand plan out of Washington, DC, agreement between entrenched political parties, or coordination among all players in the health-care system. It needs entrepreneurs with innovative ideas about delivering value to patients. Reverse innovation has worked in other industries. We need it now in health care.

Healthcare, Frugal Innovation, and Professional Voluntarism

Helen Louise Ackers,James Ackers-Johnson,John Chatwin,Natasha Tyler
Healthcare Frugal Innovation and Professional Voluntarism Book PDF

Author : Helen Louise Ackers,James Ackers-Johnson,John Chatwin,Natasha Tyler
Publisher : Springer
Page : 141 pages
File Size : 52,9 Mb
Release : 2017-03-28
Category : Political Science
ISBN : 9783319483665

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Healthcare, Frugal Innovation, and Professional Voluntarism by Helen Louise Ackers,James Ackers-Johnson,John Chatwin,Natasha Tyler Pdf

This book is open access under a CC BY 4.0 license. This book investigates what international placements of healthcare employees in low resource settings add to the UK workforce and the efficacy of its national health system. The authors present empirical data collected from a volunteer deployment project in Uganda focused on reducing maternal and new-born mortality and discuss the learning and experiential outcomes for UK health care professionals acting as long term volunteers in low resource settings. They also develop a model for structured placement that offers optimal learning and experiential outcomes and minimizes risk, while shedding new light on the role that international placements play as part of continuing professional development both in the UK and in other sending countries.

Reimagining Innovation in Humanitarian Medicine

Krish W. Ramadurai,Sujata K. Bhatia
Reimagining Innovation in Humanitarian Medicine Book PDF

Author : Krish W. Ramadurai,Sujata K. Bhatia
Publisher : Springer
Page : 105 pages
File Size : 50,8 Mb
Release : 2018-12-06
Category : Medical
ISBN : 9783030032852

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Reimagining Innovation in Humanitarian Medicine by Krish W. Ramadurai,Sujata K. Bhatia Pdf

Throughout history, humanity has been plagued by a myriad of humanitarian crises that seemingly take the form of perpetual human suffering. Today, approximately 125,000,000 people require humanitarian assistance as the result of famine, war, geopolitical conflict, and natural disasters. A core component of this suffering is afflictions related to human health, where disturbances strain or overwhelm the existing healthcare infrastructure to create the conditions for an increase in morbidities and co-morbidities. One of the more startling elements is the loss of life to preventable medical conditions that were not properly treated or even diagnosed in the field, and is often due to the limited interventional capacity that medical teams and humanitarian practitioners have in these scenarios. These individuals are often hindered by medical equipment deficiencies or devices not meant to function in austere conditions. The development of highly versatile, feasible, and cost-effective medical devices and technologies that can be deployed in the field is essential to enhancing medical care in unconventional settings. In this book we examine the nature of the creative problem-solving paradigm, and dissect the intersection of frugal, disruptive, open, and reverse innovation processes in advancing humanitarian medicine. Specifically, we examine the feasible deployment of these devices and technologies in unconventional environments not only by humanitarian aid and disaster relief agencies, but also by crisis-affected communities themselves. The challenge is complex, but the financial support and technical development of innovative solutions for the delivery of humanitarian aid is a process in which everyone is a stakeholder.

Managing Innovation in Healthcare

James Barlow
Managing Innovation in Healthcare Book PDF

Author : James Barlow
Publisher : World Scientific Publishing Company
Page : 444 pages
File Size : 45,8 Mb
Release : 2016-12-05
Category : Electronic
ISBN : 9781786341549

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Managing Innovation in Healthcare by James Barlow Pdf

Across the world, the demands placed on health systems are growing rapidly. Developed countries face the challenge of providing services to an ageing population with changing health needs, while countries with developing health systems must find ways of ensuring their populations are provided with access to healthcare. Innovative thinking is essential to meet these twin challenges, but innovation is both a cause and cure of many struggles in healthcare — we need it, but it is hard to manage and the introduction of new technology can lead to higher costs. Using real-life examples and case studies from around the world, this book introduces the latest thinking on understanding and managing healthcare innovation more effectively. It does this from the perspective of governments responsible for shaping health policy, healthcare organisations providing services and juggling competing demands, and from the perspective of the industries that supply the new drugs, devices and other technologies. Managing Innovation in Healthcare is the perfect accompaniment for MSc, PhD and MBA students on health policy, management and public health courses, as well as managers, consultants and policy makers involved in healthcare services in both the public and private sector.

Healthcare, Frugal Innovation, and Professional Voluntarism

James Ackers-Johnson,Helen Louise Ackers,Natasha Tyler
Healthcare Frugal Innovation and Professional Voluntarism Book PDF

Author : James Ackers-Johnson,Helen Louise Ackers,Natasha Tyler
Publisher : Saint Philip Street Press
Page : 144 pages
File Size : 41,5 Mb
Release : 2020-10-09
Category : Electronic
ISBN : 1013287347

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Healthcare, Frugal Innovation, and Professional Voluntarism by James Ackers-Johnson,Helen Louise Ackers,Natasha Tyler Pdf

This book investigates what international placements of healthcare employees in low resource settings add to the UK workforce and the efficacy of its national health system. The authors present empirical data collected from a volunteer deployment project in Uganda focused on reducing maternal and new-born mortality and discuss the learning and experiential outcomes for UK health care professionals acting as long term volunteers in low resource settings. They also develop a model for structured placement that offers optimal learning and experiential outcomes and minimizes risk, while shedding new light on the role that international placements play as part of continuing professional development both in the UK and in other sending countries. This work was published by Saint Philip Street Press pursuant to a Creative Commons license permitting commercial use. All rights not granted by the work's license are retained by the author or authors.

Frugal Innovation

Navi Radjou,Jaideep Prabhu
Frugal Innovation Book PDF

Author : Navi Radjou,Jaideep Prabhu
Publisher : Profile Books
Page : 303 pages
File Size : 50,7 Mb
Release : 2015-02-12
Category : Business & Economics
ISBN : 9781782831204

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Frugal Innovation by Navi Radjou,Jaideep Prabhu Pdf

CMI Management Book of the Year Award 2016 With a Foreword by Paul Polman, CEO, Unilever. Frugal innovation is a way that companies can develop high-quality products and create more value with limited resources. In today's cost-constrained environment, companies in the developed economies are seeking new routes to long-term business success - while also appealing to cost-conscious and environmentally-aware consumers. With an estimated trillion-dollar global market for sustainable products, and with potentially huge cost savings to be gained, frugal innovation is revolutionising business and reshaping management thinking. This seminal book gives an overview of the principles, perspectives and techniques behind frugal innovation, connecting with key contemporary business concepts such as the sharing and circular economies and the maker movement. It offers a blueprint for leaders and managers in companies of all sizes and across all sectors on how to profit from doing business frugally. Based on the authors' six key principles of frugal innovation, and packed with targeted advice and recommendations for business functions such as R&D, operations, HR and sales, Frugal Innovation is a masterclass in the art of doing more with less.

Turning the World Upside Down

Nigel Crisp
Turning the World Upside Down Book PDF

Author : Nigel Crisp
Publisher : CRC Press
Page : 239 pages
File Size : 51,9 Mb
Release : 2010-01-15
Category : Medical
ISBN : 9781853159336

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Turning the World Upside Down by Nigel Crisp Pdf

Turning the World Upside Down is a search to understand what is happening and what it means for us all. It is based on Nigel Crisp's own journey from running the largest health system in the world to working in some of the poorest countries, and draws upon his own experiences to explore new ideas and innovations around the world. The book has three unique features: Describes what rich countries can learn from poorer ones, as well as the other way round Deals with health in rich and poor countries in the same way, not treating them as totally different, and suggests that instead of talking about international development we should talk about co-development Sets out a new vision for global health, and our rights and accountabilities as citizens of the world There is an unfair import export business in people and ideas that flourishes between rich and poor countries. Rich countries import trained health workers and export their ideas and ideology about health in poorer ones, whether or not they are appropriate or useful. What, Nigel Crisp asks, if we were to turn the world upside down - so the import export business was reversed and poorer countries exported their ideas and experience whilst richer ones exported their health workers? Health leaders in poorer countries, without the resources or the baggage of rich countries, have learned to innovate, to build on the strengths of the population and their communities and develop new approaches that are relevant for the rich and poor alike. At the same time, richer countries and their health workers could help poorer countries to train, in their own country, the workers they need for the future. They would help pay a debt for all the workers who have migrated and learn themselves the new ways of working, which they will need in the 21st Century. We could stop talking about international development - as something the rich world does to the poor - and start talking about co-development, our shared learning and shared future. There is already a movement of people and ideas travelling in this direction. Young people get this intuitively. Many thousands of young professionals want a different professional education for themselves - in global health. Together with the leaders from poorer countries and the innovators around the world, they are creating a new global vision for health. Turning the World Upside Down is a search for understanding that helps us to see how Western Scientific Medicine, which has served us so well in the 20th Century, needs to adapt and evolve to cope with the demands of the 21st Century. It sets our a new vision and concludes by describing the actions we need to take to accelerate the change.

Healthcare, Frugal Innovation, and Professional Voluntarism

Helen Louise Ackers,James Ackers-Johnson,John Chatwin
Healthcare Frugal Innovation and Professional Voluntarism Book PDF

Author : Helen Louise Ackers,James Ackers-Johnson,John Chatwin
Publisher : Palgrave MacMillan
Page : 156 pages
File Size : 45,6 Mb
Release : 2019-04-24
Category : Electronic
ISBN : 3319839233

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Healthcare, Frugal Innovation, and Professional Voluntarism by Helen Louise Ackers,James Ackers-Johnson,John Chatwin Pdf

This book is open access under a CC BY 4.0 license. This book investigates what international placements of healthcare employees in low resource settings add to the UK workforce and the efficacy of the its national health system. The authors present empirical data collected from a volunteer deployment project in Uganda focused on reducing maternal and new-born mortality and discuss the learning and experiential outcomes for UK health care professionals acting as long term volunteers in low resource settings. They also develop a model for structured placement that offers optimal learning and experiential outcomes and minimizes risk, while shedding new light on the role that international placements play as part of continuing professional development both in the UK and in other sending countries.

Innovations in Healthcare Management

Vijai Kumar Singh,Paul Lillrank
Innovations in Healthcare Management Book PDF

Author : Vijai Kumar Singh,Paul Lillrank
Publisher : CRC Press
Page : 456 pages
File Size : 49,8 Mb
Release : 2015-02-18
Category : Business & Economics
ISBN : 9781482252101

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Innovations in Healthcare Management by Vijai Kumar Singh,Paul Lillrank Pdf

As developed economies enter a period of slower growth, emerging economies such as India have become prime examples of how more can be achieved with less. Bringing together experience and expertise from across the healthcare industry, this book examines innovations that can bring about real advances in the healthcare industry. Innovations in Healthcare Management: Cost-Effective and Sustainable Solutions explores recent innovations in healthcare from a global and Indian perspective. Emphasizing the importance of Lean healthcare and innovation, it presents low-cost, high-volume solutions that improve access to care. Providing concrete examples of the five levels of innovation present in healthcare, the book presents new concepts, methods, and tools for advancing processes and operational flow. It includes case studies of actual results in healthcare innovation from three continents that highlight emerging global trends in healthcare system innovation. The book describes how to organize resources and flows so that given targets, such as cost, clinical quality, and patient experience, can be achieved with available resources. It also covers nontraditional ecosystems of innovation that move outside of expected technological innovations, such as innovations in social persuasion, rural health delivery, and the planning and design of hospitals. The book maintains a focus on key issues across the healthcare industry—such as access to care, demand creation, patient experiences, and data—to help readers implement new ideas and new models of delivery of affordable care in healthcare systems around the world.

New, Cheap, and Improved

Thomas J. Bollyky
New Cheap and Improved Book PDF

Author : Thomas J. Bollyky
Publisher : Council on Foreign Relations
Page : 33 pages
File Size : 50,8 Mb
Release : 2015-06-01
Category : Medical
ISBN : 9780876096734

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New, Cheap, and Improved by Thomas J. Bollyky Pdf

In recent years, frugal and reverse innovation have gained attention as potential strategies for increasing the quality and accessibility of health care while slowing the growth in its costs. The notion that health technologies, services, and delivery processes developed for low-income customers in low-resource settings (known as "frugal innovations") might also prove useful in other countries and higher-income settings (a process some call "reverse innovation") is not new. The demand for these types of innovation is increasing, however, as developed and developing countries alike strain to cope with the staggering economic and social costs of noncommunicable diseases (NCDs). Increased attention on innovation is welcome—particularly when it is in service of improving the economic opportunities of the world's poorest and increasing their access to much-needed health-care products and services. The trick will be to ensure that the focus on reverse and frugal innovation goes beyond the latest buzzword and translates into real investments and results. With this goal in mind, this paper seeks to answer three practical questions regarding reverse and frugal innovation and NCDs: Are reverse and frugal innovations likely to be important for addressing the NCD challenges facing the poor in high- and low-income settings? Which pressing NCD challenges are reverse and frugal innovations best suited to help solve? What measures can donors, private companies, and nongovernmental organizations (NGOs) take to facilitate the use of reverse and frugal innovations to solve those problems? The answers to these questions may contribute to the ongoing efforts of donors, investors, NGOs, and governments to move frugal and reverse innovation out of the realm of promising ideas and anecdotes and into broader practice to tackle the global challenge of NCDs.

Jugaad Innovation

Navi Radjou,Jaideep Prabhu,Simone Ahuja
Jugaad Innovation Book PDF

Author : Navi Radjou,Jaideep Prabhu,Simone Ahuja
Publisher : John Wiley & Sons
Page : 293 pages
File Size : 44,6 Mb
Release : 2012-04-10
Category : Business & Economics
ISBN : 9781118249741

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Jugaad Innovation by Navi Radjou,Jaideep Prabhu,Simone Ahuja Pdf

"Jugaad Innovation is the most comprehensive book yet to appear on the subject [of frugal innovation]." —The Economist A frugal and flexible approach to innovation for the 21st century Innovation is a key directive at companies worldwide. But in these tough times, we can't rely on the old formula that has sustained innovation efforts for decades—expensive R&D projects and highly-structured innovation processes. Jugaad Innovation argues the West must look to places like India, Brazil, and China for a new approach to frugal and flexible innovation. The authors show how in these emerging markets, jugaad (a Hindi word meaning an improvised solution born from ingenuity and cleverness) is leading to dramatic growth and how Western companies can adopt jugaad innovation to succeed in our hypercompetitive world. Outlines the six principles of jugaad innovation: Seek opportunity in adversity, do more with less, think and act flexibly, keep it simple, include the margin, and follow your heart Features twenty case studies on large corporations from around the world—Google, Facebook, 3M, Apple, Best Buy, GE, IBM, Nokia, Procter & Gamble, PepsiCo, Tata Group, and more—that are actively practicing jugaad innovation The authors blog regularly at Harvard Business Review; their work has been profiled in BusinessWeek, MIT Sloan Management Review, The Financial Times, The Economist, and more Filled with previously untold and engaging stories of resourceful jugaad innovators and entrepreneurs in emerging markets and the United States This groundbreaking book shows leaders everywhere why the time is right for jugaad to emerge as a powerful business tool in the West—and how to bring jugaad practices to their organizations.