Innovation From the Inside
Activate the entrepreneurial potential from inside your organization to build innovation competencies and generate lasting impact. Internal innovation programs help recruit and retain talent by providing a structured avenue to harness ingenuity. Through our unique framework and expertise, Healthbox works with you to filter and focus high-potential projects to maximize your ROI.
Our Process to Advance Innovation from Inside Your Organization
Align
Analyze current organizational priorities, risk profile, innovation activities, and results to date to align the business strategy with the innovation strategy.
Organize
Review current policies and implement an operating and governance plan to ensure transparency and clear decision-making around the innovation initiative.
Uncover
Spread awareness of the initiative and launch a centralized intake process to source employee ideas from across the organization.
Inspire
Engage employees who present an idea and provide them with education on how to refine their idea to inspire entrepreneurial thinking.
Assess
Convene leaders and SMEs to evaluate the highest potential ideas using a transparent, consistent, and objective scoring methodology.
Accelerate
Pressure-test the commercial viability and impact of high-potential employee ideas through a formal, tested program at market-speed.
Build
Develop a plan for growth around each idea to realize value in the organization and the commercial market, measuring against key milestones to ensure accountability.
Test
Validate employee innovations through rapid-cycle testing, continuously measuring success against key metrics to determine when and if the project should move forward.
Scale
Scale successful innovations across your organization and to the market.
Innovation Workshops
Educate your employees on the fundamental principles of entrepreneurial innovation by hosting a Healthbox Innovation Workshop. Attendees learn innovation and business principles, gain exposure to industry trends, and follow a step-by-step tutorial on "how to refine your innovative idea in healthcare," which leverages Healthbox's proprietary, market-tested curriculum and methodology. This high-touch engagement harnesses employees with the skills to think like an entrepreneur, provides leadership with in-depth exposure to employee ideas, and inspires a culture excited about innovation.
Commercialization Analysis
Get the objective perspective and market insight needed to assess the business aspects of a high-potential project or idea. The Healthbox Commercialization Analysis provides a rapid and comprehensive assessment through a proven process. The output is a clear business-model assessment to evaluate and, when appropriate, accelerate the opportunity. The Healthbox team will align expectations around the resources needed to scale and fine-tune a commercial structure aligned to the project founders and the organization.
The Foundry
Capture, evaluate, and advance high-potential employee ideas through a coordinated and centralized approach. The Healthbox Foundry program enables your organization to develop and refine an internal innovation strategy that advances overall strategic aims. This end-to-end program retains and maximizes the value of current and future Intellectual Property and builds an organizational identity and culture of entrepreneurial innovation.
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