The Innovation Challenge

Greetings from New Orleans and the 2023 OPEN MINDS Strategy & Innovation Institute. Over the next two days, we are focused on the planning and new services necessary for organizations to stay competitive in a changing market.

In my opening remarks (see Strategy Is All About What’s Next), I discussed the challenges facing most executive teams in the field: the speed of change in technology, reimbursement, competitors, and more. These shifts are creating a new competitive landscape—with the need for new service lines and new business models for long-term financial sustainability (see Proactive But Deliberate and Deliberate . . .