[Editor's Note: This post covers the CEOs' practices to foster Innovative within their respective companies. ]
Moving away from the CEO’s point of view on the Nation, the conversation quickly moves and focuses on each individual company. Shapiro asks the panel what gives their company a competitive edge over their competition globally. Read Full Entry
[Editor's Note: We decided to split up this post into two. There was so much good dialogue among the panelists, we thought it would be good to share our whole experience of this keynote. This post covers the CEOs' POV on what hinders our nation's advancement as an Innovative Leader at the global level. This particular post may not directly involve pharma and pharma marketing, but they are issues that affect all industries. ]
For Friday’s opening keynote. Xerox CEO Ursula Brown, Cisco CEO John Chambers and GE CEO Jeffrey Immelt joined CEA CEO/President Gary Shapiro for an Innovation Power Panel. Read Full Entry
As if tablets, mobile, search and social media were not enough to have every pharma brand manager re-thinking their business, Cisco is now touting its new telemedicine.
While certainly not new, Cisco is just one player doing it; Intel and IBM are also getting into heathcare in big ways.
The reason?
A recent study from the analysts at Frost & Sullivan estimated that the telemedicine market will be $6.1 billion in 2012.
One obvious use for video technology is delivering medical services to remote places through the Internet, of course, but is that an opportunity to:
sponsor the “broadcast”
co-brand with GE, Intel, or IBM
provide services at the patient end of the interaction
re-think distribution channels
broadcast HCP’s as “centers of excellence” to almost anywhere on almost any device
Is it the “You Tube-ization” of individual “celebrity” physicians as well? Maybe creating the next micro-Dr. Phil, who can then raise rates on individual hours (pre-booked and pre-paid for) without ever leaving the office.
Or could doctors embrace the “one-to-many” model and review dozens of patients virtually at once and have local support staff handle the “back end” of the interaction?
While it all might be theory, a $6 billion expectation means that high tech will continue to change things faster … for better or worse.