The health & life science sector is ripe for innovation.
Health plans, providers, life sciences companies, and government organizations are grappling with rising costs and uneven outcomes. Their focus is on enhancing care quality and improving health outcomes while simultaneously cutting costs and managing spending.
Which innovations hold the greatest potential to help these stakeholders achieve their goals and revolutionize healthcare in the next decade? Babson Executive Education faculty experts can help you and your business activate the entrepreneurial leaders and thinkers needed to do just that.
Health & Life Sciences Entrepreneurship is a field of study and practice that aims to:
The definition of Health and Life Sciences Entrepreneurship proposes that healthcare entrepreneurship is the innovative, evidence-based value creation process by specialized venture teams that leverage unique business models to achieve multiple stakeholder outcomes simultaneously, ultimately benefiting patient populations.
Analytical thinking is essential for strategic decision-making in business, enabling leaders to break down complex problems, interpret data, and make informed choices. It blends curiosity and evidence-based reasoning to help professionals uncover opportunities, reduce risk, and adapt effectively in a fast-changing, data-driven world.
Empathy and active listening are essential human-centric skills in today’s tech-driven business world, helping leaders and entrepreneurs better understand others and identify opportunities. Discover strategies to strengthen these abilities and build deeper connections.
As our world’s health care systems strain to deliver prompt effective care under countless, ever-changing barriers, the emerging field of healthcare innovation entrepreneurship at Babson College addresses the challenges posed in the field of health & life sciences. The barriers to delivering quality care are many, and they require us to think not just about one specific disease but rather about health systems overall. Entrepreneurial thought and strategic action help us reimagine the healthcare agenda and think differently about the paths to poverty alleviation and building a vibrant entrepreneurial ecosystem in support of local health delivery systems.
Babson Executive Education has created a toolkit for companies, organizations, foundations, executives, and medical providers that crystalizes proactive steps you can take to bring entrepreneurship and innovation to the healthcare and life sciences space. This toolkit is designed to empower you to create economic, social, and health value as you develop, implement, and scale health innovations. This toolkit stems from Associate Professor Wiljeana Glover and Associate Professor Alia Crocker’s research and consulting in the United States and abroad. It provides insights into how to apply a new lens to health-related entrepreneurship and innovations.
Babson Executive Education has created a toolkit for companies, organizations, foundations, executives, and medical providers that crystalizes proactive steps you can take to bring entrepreneurship and innovation to the healthcare and life sciences space.
Within the field of healthcare innovation, there are a lot of unknowns. Babson Executive Education faculty know how to help individuals and companies develop an entrepreneurial mindset to tackle that challenge. Using our award-winning Entrepreneurial Thought & Action® (ET&A™) methodology, we can help you survey what’s out there and pick the best path forward for your unique businesses. Get research-based processes and support.
Customize any of our healthcare innovation programs for your team or organization. Learn more about: