Course Description
Managing innovation within established healthcare organizations including hospitals, health systems, pharmaceutical companies, and payers. Covers innovation strategy, corporate venturing, internal startups, partnerships with external innovators, and overcoming organizational barriers to change.
Credit Hours
3 credits (3 lecture)
Prerequisites
MBA core courses
Student Learning Outcomes
- Develop innovation strategies aligned with organizational objectives
- Design and manage corporate venture programs
- Structure partnerships with startups, academic centers, and industry
- Lead internal innovation teams and accelerator programs
- Navigate organizational barriers to innovation adoption
- Measure and communicate innovation ROI to stakeholders
Course Topics
- Innovation Strategy in Healthcare Organizations
- Corporate Venture Capital and Strategic Investments
- Innovation Labs and Internal Accelerators
- Open Innovation and External Partnerships
- Disruptive Innovation: Theory and Healthcare Applications
- Change Management for Innovation Adoption
- Innovation Metrics and Portfolio Management
- Case Studies: Mayo, Cleveland Clinic, Kaiser, Pharma R&D
Required Textbooks
- Christensen et al.: The Innovators Prescription
- Nagji & Tuff: Managing Your Innovation Portfolio (HBR)
Evaluation Methods
Innovation Strategy Project (35%), Case Analyses (30%), Exams (20%), Participation (15%)