StratCraft Partners

Deep Tech: cutting-edge tech driven by scientific breakthroughs. Bringing it to market and to bear the impact it can on the world takes more capital, time and talent than innovating in established markets. Product strategy is the discipline that establish the way to direct and derive value from deep tech innovation while reducing risks and managing the complexity. Product strategy has three key components: Strategic Vision: Establishing a clear and compelling vision is crucial for aligning your team and stakeholders. It’s about understanding the long-term impact of your technology and setting a trajectory that guides all efforts towards a common goal. Without a focused vision that aligns the team your R&D will be prolific but unsustainable long term. Creativity and invention needs an anchor. Product Roadmap: This is your blueprint for turning vision into reality. A well-defined roadmap outlines the development stages, key milestones, and timelines, ensuring that every step taken is purposeful and directed towards achieving the strategic vision. What differentiates this roadmap from a tactical plan is how it incorporates the strategic direction of your customers. It relies on your team having insights on how your customer is evolving and what innovations will help them achieve their goals too. Platform Opportunity: Deep tech ventures often have the unique advantage of creating foundational technologies that can serve as platforms for multiple applications. This aspect of the strategy focuses on leveraging the IP depth to unlock new market opportunities and drive sustainable growth. Partnerships are a key aspect to unlocking platform opportunities, allowing your company to continue focusing on R&D while also expanding into multiple markets. By integrating these three elements—vision, roadmap, and platform opportunity—deep tech companies can capitalize on their innovative edge and utilize their talent and IP to expand and drive new sources of revenue. Reach out to our Chief Strategy Officer Dasha Tyshlek to work with StratCraft Partners. hashtag #productstrategy #innovation #productroadmap #strategy #deeptech Sources cited from The Johns Hopkins University Applied Physics Laboratory and MIT REAP - Regional Entrepreneurship Acceleration Program.

?? Regulations for AI in medical devices are new and still evolving ?? We asked dozens of founders with #AI #medtech companies about the challenges they've encountered navigating US FDA regulations. ?? This guide dives into actionable tips to help startups tackle the new PCCP submission and address regulations with confidence. Special thanks to the Greenlight Guru's Global Medical Device Podcast and Etienne Nichols and Michael Drues for sharing big picture concepts in AI regulations. Also thank you to Justinas Bal?iūnas for sharing this amazing resource ---> OpenRegulatory. Here's what you will learn in the guide: ?? How to think about regulatory logic ?? When to start engaging with the FDA early ?? How successful entrepreneurs are using mentorship and community networks ??Understanding AI specific regulatory requirements and the PCCP Swipe through the carousel for details. Share your favorite resources on FDA pathing for AI in Healthcare below and tag the best consultant you know who can help small companies succeed. #AIMedicalDevices #FDA #HealthcareInnovation #RegulatoryStrategy

We are fortunate to collaborate with leading thinkers in a cross-section of Biomedical Engineering, Healthcare, and AI. We had productive discussions about AI use cases with a fellow CEO, business strategist at StratCraft Partners, and biomedical engineer, Dasha Tyshlek. Her in-depth research and extensive conversations with medical professionals featured at https://lnkd.in/gdBEMY_B, showcasing many critical success factors, such as: ? “Innovators developing AI for healthcare need to be cognizant of the importance of designing for workflow integration, the strain on doctors from technologies that are poorly designed, the competition for clinical champions, and a growing desire for well-defined business justifications for any new technologies.” Our views were in complete alignment with making AI solutions user-centric and bringing business value. The key intersections between us are centered around the following focus we bring into the picture with our work at AccelIQ.digital: 1. User-Centric AI Solutions Design ?? Key Takeaway: The importance of creating AI tools that directly address user challenges. Our Relevant Bespoke Solution: ? Customized Data Workflow Automation for Enhanced Medical Decision-Making ?? For a healthcare client, we developed a bespoke AI solution that automates patient data integration across disparate systems, reducing manual errors and giving medical professionals immediate access to actionable insights. ???? Our user-centric design philosophy ensures that AI adapts to the workflow rather than requires users to adapt to the technology. 2. Foundation in Regulatory Compliance ?? Key Takeaway: Ensuring adherence to strict regulations when implementing AI in sensitive industries like healthcare. Our Relevant Bespoke Solution: ?? AI-Powered Compliance Monitoring Tools We designed an AI-driven compliance tracker for a financial services client, enabling real-time monitoring of regulatory requirements. ???? We translated this approach to healthcare, and we ensure that AI implementations meet data privacy laws (e.g., HIPAA compliance) by embedding secure data protocols, encryption, and audit trails into our solutions. 3. Seamless Integration and Change Management ?? Key Takeaway: Addressing the challenges of incorporating AI into existing workflows. Our Relevant Bespoke Solution: ?? Change-Driven AI Deployment Strategies For a manufacturing client, we integrated predictive maintenance AI tools into their legacy systems without disrupting operations. ???? Likewise, our solutions ensure smooth adoption for healthcare through intuitive interfaces, robust training programs, and pilot rollouts, minimizing resistance and ensuring that the AI supports rather than disrupts existing workflows. #AI #healthcaresolutions #integrations

I've learned a lot about what small businesses need over the last 18 months in business. In my article about Chief Growth Officer positions - I describe one of the emerging roles that is making a huge difference to scaling businesses: Read the article here: https://lnkd.in/e4b-PKst Work with me - DM or send me an e-mail dasha(at)strat-craft.com

#1 lesson in new technology commercialization is "Listen to Your Customer." This is why we interviewed doctors who are early adopters and champions of AI technology to learn about their experience using the technology and advocating for it. Read the full article to get their perspectives: https://lnkd.in/dCak2-Bn

Analytics improve marketing ROI. Its a fact. But making sense of data from many different channels and campaigns is overwhelming for #CMOs and #MarketingVPs. Smaller teams can't afford a full time data person. This is why Dmitry Tyshlek on our team is spearheading developing data services specifically tailored for marketing leaders. Our goal is to ensure that major pain points are addressed: poor data quality, data integration, and most importantly, reliable and thoughtful analysis and story telling that would stand up to the scrutiny at an executive meeting. Interested in seeing how data visualization can improve your marketing ROI? Reach out to our team here on LinkedIn.

Great news for #entrepreneurs: Total investment into #biopharma therapeutics and discovery platforms in 2024 is on track to outpace 2023. Similar trends also seen in #MedTech investment: full-year 2024 investments will likely surpass 2023.

"Repeatable Innovation" is a competitive advantage that distinguishes engineering companies that continue to grow over decades from those who invent once and then sustain themselves from the life cycle of a single product line.

Running a small consulting firm has its ups and downs. But when my client tells me that they're consistently surprised at how much value our coaching/advising session brings them and their business, I know I'm on the right track. Thank you Joe Jamison, CPACC for all you do to help businesses better serve their clients with disabilities and thank you for your thoughtful review of our work together. Over the last year I've had several coaching clients - some founders and some up and coming executives. Starting in November I have an opening for #coaching and #advising. Message me if you're looking for help with any of the following in your growing business: ?? Clarifying your goals and translating them into actionable plans for yourself and your team. ? Understanding where your time gets sucked into and developing a strategy to take it back. ?? Transitioning to managing a larger scope of work and more people. ?? Becoming comfortable with your business's data and using the data to inform your decisions and strategies. ?? Developing sensible and simple processes that ensure consistency, quality, repeatability - even in flexible or ambiguous situations. ?? Becoming more partnership minded and bringing an opportunity #mindset into all business relationships. #founders #entrepreneurs

New - our AI in Healthcare landing page, your go to spot for #free resources on building AI for healthcare applications. This page is designed to keep you informed about the progress and findings of our research on how AI in transforming healthcare, how to overcome challenges in commercialization, and what the future holds for #patients and #doctors. Link: https://lnkd.in/dHiDHuMb We invite you to explore the site and make it a regular stop to stay updated on our latest findings and insights. Your support is invaluable as we navigate this exciting research project together! #AI #healthtech #newresearch #resources #entrepreneurship