Tincture July 16, 2019
I was keen to write about how Amazon Prime Day related to healthcare, but my esteemed colleague Jane Sarasohn-Kahn beat me to it, so I’ll turn instead to another set of headlines that Amazon has been generating lately: their “Upskilling 2025 initiative to retrain a third of its workforce. The company plans to spend some $700 million to retrain 100,000 workers by 2025.
I wonder if healthcare is prepared to make the same kind of upskilling/retraining investments. Because it is going to need to.
Not everyone is wowed by Amazon’s initiative. As Peter Cappelli, a professor at Wharton, told The Wall Street Journal: “It’s not altruistic. There’s some hard-nosed business-decision-making behind this.”
Or, as Marc Perrone, the president of...