The physician intrapreneurship learning management system
Arlen Meyers, MD, MBA
President and CEO, Society of Physician Entrepreneurs, another lousy golfer, terrible cook, friction fixer
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Most organizations — especially large corporations — are awash in creative ideas that never get executed. Entrepreneurship is the process that turns those ideas into actual innovations, and when it occurs in large corporations, we tend to refer to it as intrapreneurship or corporate innovation. This means acting like an innovative entrepreneur, but within the ecosystem of a larger, more traditional, organization. Research shows that being intrapreneurial tends to elevate both employee engagement and productivity scores, and that short redesigns — and even a simple reframing — of your role can make your work more intrapreneurial and meaningful. Having an entrepreneurial/intrapreneurial mindset will also make you a better doctor, help build career satisfaction and success, relieve burnout, and adapt to working for someone else.
Intrapreneurs are employees trying to act like entrepreneurs. Some call them?rebels at work,? others disruptive physicians and most refer to them as troublemakers, a pain in the neck or former employees. All are trying to create change and survive the process.
Intrapreneurship and the sick care intrapreneurial roadmap is harder than entrepreneurship because intrapreneurs have to fight a two front war: one against the obstacles to new product or project development and launch and the other against the corporate immune system. Academic intrapreneurship is, in several ways, harder than non-academic physician intrapreneurship because of the culture, politics, motivations and multisided missions.
Hospitals aren’t the only ones doing this. Insurers and private-equity firms all have been competing to acquire medical practices, with three out of every four doctors now working for either a hospital or a corporate owner. But sprawling health systems are by far the most dominant players, employing more than half of the country’s doctors.
The re-evaluation comes as big businesses feel the pressure to harness cutting-edge generative artificial intelligence for new discoveries. The best ideas come from within the business, these companies say, rather than from colleagues in detached groups who then have to get buy-in from the company.
in January announced plans to close Store No. 8 , an idea-incubation arm that had some associates based in California’s Silicon Valley. The stand-alone lab was no longer needed, the Arkansas-based retailer said, because it had developed a new method that embedded innovation deeper across the company, giving more employees the opportunity to contribute.
When it comes to a "how to do it", though, there are few resources for physician intrapreneurs, despite the fact that their numbers are growing.
Here is an example of a course for intrapreneurs leading the dissemination and implementation of sickcare AI solutions. Learning objectives are :
Here's what the table of contents of the Textbook of Physician Intrapreneurship should include:
Chapter 2: How to manage your boss
Chapter 3: Survival strategies
Chapter 4: Communications and Corporate Politics
Chapter 5: Negotiation and Persuasion
Chapter 6: Conflict Resolution Strategies
Chapter 7: Managing People Who Fear You
Chapter 8: Finding scarce and uncontrolled resources
Chapter 9: Leaderpreneurship
Chapter 10: Exit strategies
Chapter 11: The politics of innovation
Chapter 12: Status, power, influence and sponsors
Chapter 13: Data literacy Here's how we should teach it to health professionals.
Chapter 14: How to work with outside partners and collaborators
Chapter 15: How to get out of digital pilot purgatory
Chapter 16: What to do when there is a cultural mismatch
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Chapter 18: Negotiation and persuasion
Chapter 19: How to design your project like a startup
Chapter 20: Soft skills
Chapter 21: Mentors, coaches, and sponsors
Chapter 23: How to be an intrapreneurial clinical champion
Here are some other chapters:
There are four psychological reasons for intrapreneurial failure:
Physician intrapreneurs wage guerrilla warfare against a formidable foe-bureaucrats and members of the C-site protecting the status quo. You need a tactical operations manual that changes almost every day and turns you into a good rebel.
Try to avoid these 5 intrapreneurial rookie mistakes:
You fail to prioritize your ideas.
You go solo.
You flunk the pitch meeting.?
You give up too soon.
You ignore personal danger signals.
But, at least The Textbook of Physician Intrapreneurship is a start that you can read prior to your deployment. If you liked the course , you might be interested in Medical Practice Entrepreneurship and Digital Health Entrepreneurship
Arlen Meyers, MD, MBA is the President and CEO of the Society of Physician Entrepreneurs on Substack
?? Neurocritical Care, Stroke, Epilepsy Specialist ?? Founder NeuroCare.AI ?? "If anyone saved a life, it would be as if he saved the life of all mankind"
3 年Amazing. I agree that sometime Intrapreneurship and entrepreneurship by physicians in workplace is considered disruptive but organizations that have embraced it has been able to scale. Thanks Arlen Meyers, MD, MBA. Is there a book coming on this topic?
Rheumatology & Rehabilitation Consultant /Healthcare Marketing Specialist
7 年Like it??
Surgeon & Attorney at 2nd Municipal Hospital
9 年The chapters are same broad as the subjects of a university, great. While I am physician entrepreneurs.