By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    stress disorder
    5 Ways To Manage Post-Traumatic Stress Disorder
    October 27, 2021
    Medical device classification and development strategies
    Medical device classification and development strategies
    January 19, 2022
    varicose veins
    Varicose Veins Prevention: 3 Lifestyle Changes to Make Right Now
    May 1, 2022
    Latest News
    6 Essential Strategies for Improving Your Medical Practice
    January 25, 2023
    Staying Positive While Living with Mesothelioma
    January 24, 2023
    The Many Health Benefits of Being Outdoors
    January 17, 2023
    How to Assess a Safe Placement of a Nasogastric or Nasoenteric Tube and Its Complications
    January 19, 2023
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    9 Great Resources For Your Medical Assistant Training
    August 16, 2018
    Waiting for HIPAA Clarity? Who Has Time?
    September 19, 2014
    Topics You Need To Study And Prepare For When Taking The NCLEX
    August 12, 2020
    Latest News
    Simplifying the Genetic Testing Process: How At-Home Kits are Changing the Game
    January 25, 2023
    9 Hospitals That Have Introduced Green Initiatives
    January 25, 2023
    Why a Health Retreat Can Be the Best Medicine
    January 12, 2023
    Best Money-Saving Tips for Health Managers
    January 12, 2023
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Entrepreneurs Must Integrate Mission-Driven Strategic Investors
Share
Sign In
Notification Show More
Latest News
ABA therapist
Everything You Need to Know About Applied Behavior Analysis
Health
Small Lifestyle Changes That Can Have A Big Impact On Your Well-Being
lifestyle Wellness
The Future Of Medicine: How Immunotherapy Is Saving Lives
The Future Of Medicine: How Immunotherapy Is Saving Lives
Technology
medical practice and technology advancement
6 Essential Strategies for Improving Your Medical Practice
Technology
digital dental x-ray
How Does A Digital Dental X-Ray Work?
Dental health
Aa
Health Works CollectiveHealth Works Collective
Aa
Search
Have an existing account? Sign In
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Finance > Entrepreneurs Must Integrate Mission-Driven Strategic Investors
BusinessFinance

Entrepreneurs Must Integrate Mission-Driven Strategic Investors

ShahidShah
Last updated: 2021/02/05 at 9:19 AM
ShahidShah
Share
4 Min Read
strategic investors
SHARE

Last week I wrote about how federated groups of investors help de-risk innovations in the Venture Development Lifecycle (VDLC). Yesterday I elaborated on how entrepreneurs can understand risk through various funding cycles. One of the most important investors we didn?t talk about in the VDLC was the strategic investor (what I like to call the mission-driven investor) . Mission-driven strategics view risk differently and entrepreneurs should create investor journey maps to take them into account.

strategic investors

What is a strategic investor?

Almost all successful firms have some overarching strategy when it comes to their products, services, and customers. When an investment helps promote a firm?s strategy in some way, it?s often labeled a ?strategic investment?. For example, when a health system embarking on an ACO strategy invests in a patient engagement startup that can further the ACO mission, it could be called a strategic investment. Such mission-driven investments are often made by sophisticated enterprises that know their gaps can?t easily be filled on their own. So, they seek innovators and partners along with associations and multiple channels to help fill them. What gaps are mission-driven strategic investors looking to fill? Think about some of today?s macro trends:

More Read

should nurse practitioner forms an LLC

Should Nurse Practitioners Form an LLC?

Maximizing Outcomes Through Effective Patient Engagement Strategies
Robotic Technologies Can Improve Hospital Working Conditions
How to Attract More Clients to your Wellness Business
Why Work With A Healthcare Recruitment Agency & How To Choose One
  • Fee for service business models are slowly giving way to pay for performance
  • Major healthcare workflows are moving from paper native to digital native
  • Telemedicine allows diagnostics and care to be performed at great distances and outside of traditional centers of care
  • Digital biology unleashed by the genomics revolution is enabling personalized medicine and patient-specific treatment regimens
  • Digital chemistry and microfluidics allow biological specimen diagnostics on mobile devices, often obviating complex lab tests and the time it took to conduct diagnoses
  • Entrepreneurs must understand and respond to the changing role of finance in a global economy.There is a greater emphasis on international finance than ever before. Many investors are discussing the benefits of trading on OTC markets.

Who?s going to be able to fill the hundreds of gaps that are created by the macro trends? What about the thousands of gaps created by the micro trends within each macro trend? Health systems and drug companies can?t do it alone and payers as well as device manufacturers can?t do it by themselves either. Much innovation, especially in healthcare, often requires entrepreneurs to work with complex organizations so that their ideas can be tested in situ within institutions. Building and testing innovations where they will be used rather than coming from the outside reduces their overall acceptance risk. Why is mission-driven strategic investing so important in healthcare? In some industries major innovations can come from outside but in a complex regulated industry like healthcare, where patient safety and clinical workflows are ingrained, mission-driven organizations must partner with innovators. Proper strategic investments help de-risk and position innovations so that they meet institutional mission goals. The institutions can?t create the innovations by themselves but they can provide mission-driven capital and resources so that innovators can succeed long term. Strategic investments / shutterstock

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
ShahidShah December 5, 2017
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article 5 Things You Need to Do to Become a Better Nurse
Next Article Medical Machinations: The Future of Human Tech Implants

Stay Connected

1.5k Followers Like
4.5k Followers Follow
2.8k Followers Pin
136k Subscribers Subscribe

Latest News

ABA therapist
Everything You Need to Know About Applied Behavior Analysis
Health January 26, 2023
Small Lifestyle Changes That Can Have A Big Impact On Your Well-Being
lifestyle Wellness January 26, 2023
The Future Of Medicine: How Immunotherapy Is Saving Lives
The Future Of Medicine: How Immunotherapy Is Saving Lives
Technology January 26, 2023
medical practice and technology advancement
6 Essential Strategies for Improving Your Medical Practice
Technology January 25, 2023

You Might also Like

green hospitals
Hospital Administration

9 Hospitals That Have Introduced Green Initiatives

January 20, 2023
saving money in healthcare
BusinessGlobal HealthcareHospital Administration

Best Money-Saving Tips for Health Managers

January 12, 2023
HR staff must deal with divisive views in healthcare
BusinessGlobal HealthcareHospital AdministrationPolicy & Law

HR Must Navigate Polarizing Views in Healthcare Workplaces

January 4, 2023
cybersecurity options for hospitals
BusinessHospital Administration

Should Hospitals Use SASE or Traditional Network Security?

January 4, 2023
Follow US

© 2008-2023 HealthWorks Collective. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?