Post on 21-Jan-2015
description
NHS Commissioningis frugal innovation for you?
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• cost savings• patient experience• health outcomes
Innovation is needed to improve
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But can we afford to innovate? Resources are tight!
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There’s another way to
look at this…
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We believe that lack of resources creates
new opportunities
Some interesting thoughts on innovation…
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80/20 80% of value in an innovation
is captured by 20% of the investment
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20/80Give time to experiment with the 20% rule.
Google is the biggest ambassador of this approach to growth by enabling staff to use 20% of ‘paid’ time to create new innovations.
• Lower cost• Higher value• Can be high tech
• Open-Source Code• 3D printing• Synthetic Biology
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Frugal Innovation
Lean Innovation
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1. Strategic Innovation Challenge
2. Agile Product & Customer
Development
3. NHS
Take-up
Make frugal things Make a difference
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Map strategic needs Vision possible solutions
Launch strategic innovation commissioning
Step 1: NHS strategic innovation commissioning
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Realise your IDEA
• Identify most compelling innovation opportunity
• Develop Minimum Viable Product (MVP) quickly
• Experiment on value and growth propositions
• Act on evidence
Step 2: product & customer development
SM
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Identify
Develop
Experim
ent
Develop
Identify
Identify
DevelopExperim
entMinimum Viable
Product(MVP)
Patient Engagement
groups
Value created ?
Strategic Objectives met ?
Step 2: product & customer development
Act
Experiment
Act
Act
Inavya IDEA methodology
SM
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Step 2: making MVPs at speed
LocalAcademic Health Science Networks now set-up and ready to support the NHS
FundingR&D grants & investment available from public and private sources across the UK and EU
Global….
International corporations and academic partners keen to engage with the NHS
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Networks
Know-how
INNOVATION
Experience
Step 3: fast take-up of innovations across the NHS
NHS Innovation Take-up
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Inavya Leads
NHS Commissioningnext steps for frugal innovation
http://baxendale.co.uk/inovation/