Health care providers can beat disruption by adopting dedicated innovation programs, participating in government-funded initiatives, continuous improvement, or acquiring smaller disruptive companies.
Change and innovation are disrupting the business world, causing old business models to become obsolete. Business model innovation is becoming more important than product innovation.
Intangible capital is becoming more important than tangible capital, and its value is not captured in traditional balance sheets. Organizations need to focus on creating knowledge factories and networks to produce and manage intangible assets.
