Key takeaways from Pharma & Digital Health Partnerships in Q3: šSee summary visual below āļøPharma is gradually moving toward wellness, primarily by focusing on earlier diagnosis and remote patient monitoring (RPM) to prevent worsening of existing conditions, rather than on prevention. The notable exception is Bayer & Hurdleās focus on healthy aging, although itās driven by Bayer's consumer division - so if prevention fails, then pharma can always step in š RPM is an increasing focus: šRoche and Respiree integrate AI in RPM to monitor vital signs and predict clinical deterioration, allowing timely intervention and better outcomes. šAstellas Pharmaās DIGITIVA⢠for heart failure combines Eko Healthās digital stethoscope and clinical monitoring to reduce hospitalizations š¬Clinical trials are becoming more streamlined and data-driven: šAstraZeneca and Immunai are using AI to enhance cancer drug trials. šEisai US and Medidata Solutions are partnering to streamline clinical trial management with an AI-driven platform šTakeda has expanded its collaboration with Tempus AI to leverage real-world data for oncology to accelerate drug development š©»AI is powering diagnostics and personalized medicine: šBayerās partnerships with Alara Imaging and Rad AI are advancing radiology workflows. šRocheās navifyĀ® platform integrates 20 AI partnerships in digital pathology, supporting personalized treatments through enhanced diagnostics šTreatment discovery is evolving with a variety of advanced technologies: šEli Lilly and Company and Genetic Leap are using AI to develop genetic medicines targeting RNA šOrion Pharma Ltd and Aitia are leveraging Gemini Digital Twins to identify disease mechanisms and drug targets. šBioNTech SE and Triastek, Inc. are innovating 3D-printed oral RNA therapeutics to optimize drug delivery and absorption ā ļøIf you want a hi-res copy of the infographic below, with interactive links to the key partnership news stories, please request in comments - note I shared this last week so if you have already requested no requirement to comment again (I am hoping to share with you this week) #DigitalHealth #AI #Pharma
Innovation Partnerships and Collaborations
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In 2021, I proposed an initiative I thought was brilliantāit would help my team make faster progress and better leverage each member's unique skills. Brilliant, right? Yet, it didnāt take off. Many ideas or initiatives fail because we struggle to gain buy-in. The reasons for resistance are many, but Rick Maurer simplifies them into three core categories: (1) "I donāt get it" Resistance here is about lack of understanding or information. People may not fully grasp the reasons behind the change, its benefits, or the implementation plan. This often leaves them feeling confused or unsure about the impact. (2) "I donāt like it" This is rooted in a dislike for the change itself. People might feel it disrupts their comfort zones, poses a negative impact, or clashes with personal values or interests. (3) "I donāt like YOU." This is about the messenger, not the message. Distrust or lack of respect for the person initiating the change can create a barrier. It might stem from past experiences, perceived incompetence, or lack of credibility. When I work with leaders to identify which category resistance falls into, the clarity that follows helps us take targeted, practical steps to overcome it. - To address the "I don't get it" challenge, focus on clear, accessible communication. Share the vision, benefits, and roadmap in a way that resonates. Use stories, real-life examples, or data to make the case relatable and tangible. Give people space to ask questions and clarify concernsāoften, understanding alone can build alignment. - To address the "I don't like it" challenge, emphasize empathy. Acknowledge potential impacts on routines, comfort zones, or values, and seek input on adjustments that could reduce disruption. If possible, give people a sense of control over aspects of the change; this builds buy-in by involving them directly in shaping the solution. - And to address the "I don't like you" challenge, solving for the other two challenges will help. You can also openly address past issues, if relevant, and demonstrate genuine commitment to transparency and collaboration Effective change isnāt just about the ideaāitās about knowing how to bring people along with you. #change #ideas #initiatives #collaboration #innovation #movingForward #progress #humanBehavior
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From my new Harvard Business Review article, hereās how to create the second of four pillars that innovative organizations need ā capability to forge strategic partnerships: You donāt have to contain yourself to your team or the organization when it comes to innovation. Great innovations can come from collaborations with suppliers, customers, universities, startups, or companies using relevant technology in a totally different way. For example, the jeans company Levi Strauss has been collaborating with Google to figure out what āsmartā clothing might accomplish for users like truckers. But doing so needs focused and dedicated work. That means you need to find people within the team to do the long-term work of building those relationships, having speculative conversations, and hunting for partner capabilities which may not be immediately apparent. You donāt want to be Yahoo, which declined to engage with an ambitious early-stage company boasting a different business model: Google. What to do instead? Put specialists in strategic technology partnerships on the lookout. Have them work in collaboration with core business teams who can use these partnerships to make innovation happen. For example, many pharma companies have these types of partnership offices near MIT, and itās an approach that can be replicated by a broad range of industries. Johnson & Johnsonās university collaborations not only facilitate investments and research partnerships, but through JLabs they also provide lab space and support services for promising start-ups without requiring an equity stake. This can give Johnson & Johnson an inside track with the start-up when the timing is ripe. The fruits of the program have been substantial ā as of 2023, 840 incubations of companies in this network had yielded more than 290 deals or partnerships with J&J. (Have you used other methods to forge strategic partnerships? Please add them in the comments!)
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India is showing the world how healthcare innovation should be done. While the U.S. poured more than $2 billion into its Cancer Moonshotāannouncing grand ambitions but delivering littleāIndiaās Karkinos Healthcare built a nationwide cancer care network with just $100 million. As I explain in Fortune, in four years (less than the Moonshotās original target), They screened over 3 million people, diagnosed 60,000 cancer patients, and brought life-saving care to 35,000 people in villages and small towns who previously had no access at all. This isnāt theory or another pile of academic papers, it is real-world impact. Karkinos lives saved, suffering reduced, and a model that is now scaling across India with Reliance Industries at the helm. Having had a front-row seat as an advisor and mentor to Karkinos, I saw the challenges: logistical nightmares, funding gaps, and moments when the companyās survival was in question. But determination, speed, and flawless execution turned the tideāproving whatās possible when bold vision meets relentless action, both Venkat R. and Moni Abraham Kuriakose did wonders. Governments everywhere should take note: the future of healthcare depends on partnerships that execute, not just research grants and bureaucracy. The lesson is clearāwhether in India, the U.S., or anywhere elseāthe winners will be those who combine vision with focused, scalable action. https://lnkd.in/g7N7gczr #HealthcareInnovation #India #CancerCare #PublicPrivatePartnerships #Execution #Karkinos #GlobalHealth
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š The Real Reason Your Team Isnāt Connecting Might Surprise You š Youāve built a diverse team. Communication seems clear. Everyone speaks the same language. So why do projects stall? Why does feedback get misread? Why do brilliant employees feel misunderstood? Because what youāre facing isnāt a language barrierāitās a cultural one. š¤ Hereās what that looks like in real life: ā³ A team member from a collectivist culture avoids challenging a group decision, even when they disagree. ā³ A manager from a direct feedback culture gets labeled āharsh.ā ā³ An employee doesnāt speak up in meetingsānot because they donāt have ideas, but because interrupting feels disrespectful in their culture. These aren't misstepsātheyāre misalignments. And they can quietly erode trust, engagement, and performance. š” So how do we fix it? Here are 5 ways to reduce misalignments and build stronger, more inclusive teams: š§ 1. Train for Cultural CompetenceāNot Just Diversity Donāt stop at DEI 101. Offer immersive training that helps employees navigate different communication styles, values, and worldviews. š£ 2. Clarify Team Norms Make the invisible visible. Talk about what ārespectful communicationā means across cultures. Set expectations before conflicts arise. š 3. Slow Down Decision-Making Fast-paced environments often leave diverse perspectives unheard. Build in time to reflect, revisit, and invite global input. š 4. Encourage Curiosity Over Judgment When something feels off, ask: Could this be cultural? This small shift creates room for empathy and deeper connection. š 5. Audit Systems for Cultural Bias Review how you evaluate performance, give feedback, and promote leadership. Are your systems inclusive, or unintentionally favoring one style? šÆ Cultural differences shouldnāt divide your teamāthey should drive your innovation. If youāre ready to create a workplace where every team member can thrive, Iād love to help. š Book a complimentary call and letās talk about what cultural competence could look like in your organization. The link is on my profile. Because when we understand each other, we work better together. š¬ #CulturalCompetence #GlobalTeams #InclusiveLeadership #CrossCulturalCommunication #DEIStrategy
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Meaningful partnerships are important to me. Lately, a significant portion of my work has involved connecting professionals in the healthcare innovation sector. My trip to Dallas last week started with organic introductions I made in 2024. Some may view making business introductions as a simple and quick process. The process takes time, and time has a cost. In healthcare, innovation doesnāt thrive in isolation; it takes the right connections to move ideas forward. But real impact happens when we prioritize relational partnerships over transactional exchanges. Itās about building trust, fostering mutual respect, and creating opportunities that solve real problems. Here are my thoughts on how to make meaningful introductions: ā Lead with Value, Not Ego. Donāt focus on whatās in it for you. Prioritize how both sides benefit from the introduction. Relationships built on genuine value last longer and go further. ā Know the Gaps Before You Fill Them. Understand the pain points of both parties. High-impact connections happen when you address a critical need or opportunity. ā Vet Ruthlessly, Introduce Thoughtfully. Not every connection is worth making. Be selective and introduce only when thereās a clear alignment of values, goals, and capabilities. Protect the integrity of your network. ā Do Your Homework. Before making an introduction, ensure you have a thorough understanding of both parties to effectively explain why the connection is significant. ā Frame the Introduction with Context. Set the stage. Provide both parties with sufficient background information to understand the relevance and potential of the relationship. Clarity upfront fosters respect and avoids wasted time. ā Stay in the Loop (But Donāt Hover). Follow up to see if the introduction was valuable, but donāt micromanage the outcome. Relationships that thrive are built on trust, not control. ā Be a Problem Solver, Not Just a Connector. Your role doesnāt end with the introduction. Be available to offer insights or guidance if needed as the relationship develops. ā Protect Your Networkās Trust. Introduce only when it makes sense. One mismatched connection can erode trust and weaken your credibility. Guard your networkās reputation as carefully as your own. ā Build for the Long Game. Relational partnerships arenāt built overnight. Consistently show up, add value, and nurture trust over time. Sustainable impact comes from authentic, long-term connections. ā Celebrate the Wins. When a connection you made leads to something great, acknowledge it. Recognize the impact and reinforce the power of trusted relationships. Relational partnerships move healthcare forward. When trust and respect are the foundation, introductions become catalysts for real change. If youāre serious about advancing innovation, be intentional with your connections. Itās not about quantity. Itās about quality, trust, and lasting impact. š„ #healthcareonlinkedin #partnerships #innovation #sme
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Partnerships have a honeymoon period. But you can't build a successful partnership strategy that way. A successful partnership strategy can't survive on starry-eyed excitement. It needs consistent tracking, review, and adjustment. Setting up a routine for regular partnership reviews helps ensure that every partner continues to contribute value and align with your goals. Hereās a straightforward guide to establishing an effective review cadence: DURING MONTHLY CHECK-INS: Monitor Engagement and Pipeline Health: - Partner Engagement: Are partners actively promoting your solutions? Monitor how frequently partners engage, share leads, or collaborate on content. - Pipeline Health: Review the current status of partner-sourced leads. Are they progressing through the pipeline or stalling? This provides a pulse on lead quality and pipeline velocity. (Pro Tip: Use CRM dashboards to quickly visualize monthly trends. A partner falling behind in engagement or lead generation can be flagged for extra support before the issue impacts quarterly goals.) DURING QUARTERLY CHECK-INS (Quarterly Business Reviews or QBRs): Assess KPIs and impact: - Revenue Contribution: Track revenue from partner-sourced leads. Are partners contributing to target revenue goals? Compare this against previous quarters to detect any patterns. - Deal Velocity: Examine the average time for partner-sourced deals to close. Faster deal cycles may indicate strong alignment with your audience, while slower cycles could highlight areas for enablement improvement. - Retention and Renewals: Review retention rates for customers acquired through each partner. Higher retention often suggests the partner is bringing well-aligned, high-value leads. (Pro Tip: Share a summary of the QBR data with the broader team and executives. Keeping everyone informed boosts alignment across departments and reinforces the value of your partnerships.) DURING ANNUAL CHECK-INS (Annual Pipeline Audit): Evaluate & adjust long-term strategy - Trend Analysis: Review metrics like partner-sourced revenue, pipeline growth, and retention over the year. Look for trends that show which partnerships delivered consistent value and which may need reevaluation. - Resource Allocation: Identify high-impact partners and consider how to deepen those relationships. This could mean exclusive training, co-marketing, or more dedicated support to further accelerate growth. - Forecasting and Goal Setting: Use annual metrics to set achievable targets for the coming year. Which partner types or industries contributed the most? (Pro Tip: Use insights from the annual audit to adjust your Ideal Partner Profile and refine your partner strategy. Trends from a full yearās data will guide resource allocation and pinpoint where to focus for maximum impact.) Anything you'd add?
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Banks talk about innovation. But how many actually execute it? For years, I've seen banks struggle to turn innovation into action. They know they need to evolve, but the roadblocks are everywhere: š§ Fear of fintech competition: Instead of seeing fintechs as enablers, they see them as threats. š§ Overcomplicated pilots: Too many internal hurdles stall momentum before innovation can even take off. š§ Lack of clear success metrics: Without defined KPIs, how do you know if your innovation efforts are working? But here is the truth: Innovation isn't just a project - it's a *strategy* Thats why I created the Banking Innovation Roadmap - a simple, tactical framework to help banks move from concept to market leadership. This isn't about adding another buzzword to your strategy - it's about real execution. A strategic approach to innovation includes š ā Discovery & Roadmapping: Understanding your bank's goals and aligning innovation to real business outcomes. ā Proof of Concept Development: Testing real solutions with fintech partners in a way that's controlled and measurable. ā Strategic Partnerships: Banks, fintechs, and organizations like FIS coming together to create new solutions that don't exist today (ahem, FIS + Affirm collab!) ā Modernization & Open Banking: Without the right infrastructure, innovation can't scale. ā Market Insights & Thought Leadership: Staying ahead of trends and leveraging industry expertise to guide decision-making. The banks that succeed don't wait for innovation to happen - they structure it, measure it, and operationalize it. I'll be diving more into this framework as I continue to iterate it. Most importantly: I WANT TO HEAR FROM YOU! Am I missing anything? What's the biggest roadblock you see when banks try to innovate? Drop your thoughts in the comments! #bankinginnovation #fintech #innovationstrategy
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I stocked up on business books when Borders closed in 2011. One bargain paid off this week. I was negotiating an agreement with a prospective partner. We had built rapport and were aligned on the goals of the collaboration. But when it was time to agree on the terms, we were further apart than I had imagined. Before reading this book more than 10 years ago, I would have thought that a successful negotiation has a winner and a loser. (Present-day rhetoric in the media often portrays that perception.) But that couldnāt be further from the truth. In their 2007 book, Negotiation Genius, authors Malhotra and Bazerman of Havard Business School describe a central idea thatās stuck with me: The goal of negotiating is to maximize the value for all involved parties. If a single party wins, every party loses. Back to the situation. I wasnāt 100% satisfied with where we landed and asked for a second meeting. Instead of playing hardball, I shared my perspective and sought to listen and understand my partnerās perspective. And guess what? Their arguments made sense. I didnāt get the exact terms I had hoped for, and thatās okay. We agreed on terms that support both our businesses. A strong partnership that grows the pie for both is more valuable in the long run than a rigid focus on one-time revenue (and losing the partnership). Negotiating to increase the value means putting your ego aside and staying flexible to see different vantage points, and crafting a win-win outcome. The more invested you are, the harder it gets. And it takes practice to adjust your mindset. So, the next time youāre preparing for a negotiation, consider potential options and alternatives as well as your non-negotiables, so you can adapt in the moment and maximize value for all. Have you negotiated to make the overall value bigger? #ArtificialIntelligence #Leadership #IntelligenceBriefing
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āPublic-Private Partnerships: The Catalyst for EdTech Innovation and Economic Mobilityā š The Bertrand Education Group (B.E.G) is revolutionizing the $668B EdTech landscape through strategic partnerships that drive sustainable growth and innovation. The Critical Success Factors: - Social Capital Optimization through cross-sector collaboration - Human Capital Development for measurable impact - Economic ROI (AI + Thought Leadership + Sustainability) - Public and Private Partnerships for scalable solutions Market Impact Through Partnerships: 1. Infrastructure Enhancement: - Leveraging Microsoft for Startups ecosystem - Qatar Foundation approved supplier status - Integration with global education systems 2. Innovation Acceleration: - AI-powered personalized learning (PrepAI) - Cross-cultural adaptation capabilities - Data-driven outcome measurement 3. Economic Mobility: - Workforce development alignment - Skills-based assessment integration - Global marketplace accessibility PrepAI's Transformative Approach: Our platform demonstrates how public-private collaboration can deliver game-changing results: #disruptive - 23% improvement in academic performance - 37% efficiency gains for educators - Implementation across 7 major institutions - Scalable solution for global markets - Saved 87% of company costs compared to outsourcing - Achieved 12x speed in cumulative assessment publishing and deployment - Reduced 79% of Education Professionalsā time Looking Forward: As we expand our presence in the UAE, US, and emerging markets, strategic partnerships remain central to our mission of democratizing education through AI innovation. The Future of EdTech isn't just about technologyāit's about creating sustainable ecosystems where public and private sectors converge to drive meaningful change. What partnerships do you see as critical for EdTech innovation in 2025? #Innovation #EdTech #AI #Leadership #PublicPrivatePartnerships #GlobalEducation #PrepAI #Education #TransformationalLeadership