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MBA - Health Care

NORTHEAST OHIO

 Baldwin-Wallace College Center for Innovation and Growth

 Innovation is a non-discretionary 21st century mindset and skill set
Dr. Peter Rea, Burton D. Morgan Chair in Entrepreneurial Studies and Director of the Center for Innovation and Growth

In the 21st century, innovation will determine countries’, companies’ and communities’ prosperity.  Certainly, innovation will determine the prosperity of a health care organization.   

If innovation was simply an analytical exercise, then the analytical brain power found in a health care organizations would have this figured out.  Yet, the drivers of innovation are talent and culture.  Innovation is a team sport. A siloed mentality is the downfall of innovation.  Social capital, teams and collaboration makes innovation possible.  . 

While most health care managers are often hired to solve clearly defined problems, innovators need to address unknown problems with novel solutions.  The reason there is a dearth of innovators who can create new products, open new markets or develop new business models is most people lack innovative opportunities guided by experienced mentors.  

Ultimately, leaders need to create cultures that encourage innovation.  The degree to which a culture promotes or inhibits innovation is based on characteristics such as:

 

Innovative Leadership:

Cultures that promote innovation

Cultures that inhibit innovation

  • Opportunity driven; open to change
  • Quick to market; customer driven
  • Focus on execution and possibilities
  • Systematic growth for new product/market/process
  • Collaborative and Civic minded
  • Explore partnerships – win/win
  • Global in outlook
  • Create
  • Accept responsibility
  • Manage risk
  • Bureaucratic 
  • Slow; internally driven
  • Focus on obstacles
  • Reluctance to change that stifles innovation and growth
  • Territorial
  • Uninterested or lack partnerships
  • Parochial in outlook
  • Protect
  • Avoid responsibility
  • Risk averse

 Innovation is best learned from experience and mentoring.  As an institution, BW has as one of its cornerstones a belief that leaders learn best by applying what they learn to live projects  guided by professors and practitioners.  

 B-W’s Center for Innovation and Growth offers customized designed programs to promote individual innovative leadership and to consult on ways to launch new innovations.  Please contact Peter Rea for additional information (prea@bw.edu). 

 

MARK YOUR CALENDAR

 If you are interested in possibly enrolling in the Health Care MBA program at Baldwin-Wallace College for the session starting in January of 2009 contact Barb Peterson at 440-826-2064 or e-mail her at bpeterso@bw.edu

Keep track of upcoming events in the Business Division of Baldwin-Wallace College on our website: http://www.bw.edu/academics/bus/events/

 

MBA Open Houses

Learn about the B-W Health Care MBA Program.

Visit our website for current MBA Open House Information

 

MBA Open Houses
6 p.m. / October 27, 2008
Landmark Center
25700 Science Park Drive #100
Beachwood, OH 44122

 Or

MBA Open Houses
6 p.m. / October 29, 2008
Strosacker College Union
120 E. Grand St. Berea, OH 44017

 Please call for more information 440-826-2392