John Halamka June 28, 2021
Innovation is best scaled when pipelines are replaced with platforms.
John Halamka, M.D., president, Mayo Clinic Platform, and Paul Cerrato, senior research analyst and communications specialist, Mayo Clinic Platform, wrote this article.
The Digital Health Frontier includes cutting edge predictive analytics, machine learning enhanced algorithms and big data analytics. But for these innovations to have their full impact on patient care requires the right strategic and operational foundation. In the past, many technology-focused organizations have relied on a pipeline approach as the foundation to construct innovations and promote growth. But history suggests this approach is less sustainable than a platform approach. A recent article in Harvard Business Review (HBR) sums up the difference: “Platform businesses bring together producers and consumers in high-value exchanges. Their...