Frank Kumli’s Post

A Tool for a Design-Driven Innovation Approach to More Sustainable Business Models! I. Sustainable Business Models The growing imperative for sustainable business practices has led to a recognition that companies must transform their business models to encompass economic, social, and environmental value II. Design-Driven Innovation Design-driven innovation (DDI) is an approach to innovation, rooted in design, that aims to simultaneously create value for people and businesses by creatively designing an impactful and original future III. Lenses of Innovation DDI happens at the intersection of three principles, namely desirability, viability, and feasibility, which are also known as “the three lenses of innovation” IV. Design-Driven Innovation Business Model Canvas 1. Value proposition The value proposition area frames the value created by a business in its purpose to create an impactful and sustainable future for its stakeholders 2. Planet: planet stakeholders The planet stakeholders block includes two sub-blocks—people and ecosystem—toward which a business addresses value 3. Planet: planet relationships The relationships block frames the connections be-tween the value proposition and the planet stake-holders, including how and where they are developed. 4. Planet: value network impact Value network impact refers to the impact on planet stakeholders caused by the value creation that occurs within the value network 5. Network: network stakeholders The network stakeholders block includes two sub-blocks—activities providers and resources providers—both of whom are involved in the value creation function 6. Network: governance Governance frames the management of interac-tion that empowers value (co)creation in the network p, providing a structured framework for business decisions 7. Network: partnership The partnerships block frames the relationships that enable value (co)creation in the network. Partnerships may respond to strategic choices or external factors, such as environmental conditions, industry regulations, and a lack of alternatives 8. Prosperity: strategic objectives The strategic objectives block frames what a busi-ness intends to achieve in the future 9. Prosperity: costs and benefits The costs and benefits blocks frame value consumption and production in the pursuit of the strategic objectives through partnerships and relationships with stakeholders Check out this insightful article by Tommaso Corà, MBA and Lucilla Fazio here: https://lnkd.in/gNaXqfWg #innovation #strategy #sustainability #businessmodel #businesmodelinnovation #design

Early Adoption of Generative AI in Commercial Life Sciences! I. Insights 1. At-scale adoption remains limited 2. The early impact is promising 3. Purposeful prioritization is a major differentiator 4. Companies plan to build their own gen AI capabilities II. Metrics Affected 1. Coverage and patient reach 2. Efficiency 3. Satisfaction (healthcare personnel engagement) 4. Satisfaction (patient engagement) 5. Brand and product sentiment III. Use Cases 1. Automated customer engagement 2. Content personalization 3. A/B testing 4. Insight generation reporting analysis 5. Medical legal review 6. Patient journey mapping 7. Patient service optimization 8. Patient assistance 9. Representative guide Check this insightful article by ASLI AKSU, Rukhshana Motiwala, Sherin Ijaz, Nicholas Mills, Ashley van Heteren, Oscar Viyuela Garcia, Ph.D. at McKinsey & Company here: https://lnkd.in/dK3pRM3S #innovation #pharma #digitalhealth #healthtech #marketing #healthcare #geanai #ai

Sync Fast and Solve Things: Best Practices for Responsible Digital Health! I. Responsible Digital Health Innovation Defined as “any intentional systematic effet designed to increase the likelihood of a digital health technology developed through ethical decision making, being socially responsible and aligned with the values and well-being of those impacted by it“ II. Governance Best Practices 1. Inclusive co-creation (All stakeholders) Diverse stakeholders co-create innovation throughout phases, following an aligned vision -> Inclusive co-creation ensures that ethical and societal issues in digital health innovations, such as lack of patient centricity, trust, and autonomy, can be addressed 2. Responsive regulation (Regulators) Early exchanges, capability building, and sandboxing enable dynamic responses to innovation -> Responsive regulation could help to address the ethical, societal, and regulatory issues of both, regulated and non-regulated medical devices (m, by providing regulatory clarity. 3. Value-driven innovation (Innovators) Training, technology, and new business models enable innovators to drive responsible innovation -> Innovators should understand the ethical and societal implications of their activities, incorporate stakeholder perspectives, and strive to precisely define how their business model and products create benefit to users and society at large III. Outlook This study shows that realizing responsible digital health requires diverse stakeholders’ commitment to adapt innovation and regulation practices, embracing co-creation as the default modus operandi for digital health development Make sure to check out the article by Constantin Landers, Alessandro Blasimme & Effy Vayena in Nature Portfolio here: https://lnkd.in/d5paAZf7 #innovation #digitalhealth #healthtech #ethics ETH Zürich #patientcentricity #regulatory #societal #trust

Curiosity That Matters: Huddles & Learning with Zahra Davidson! In this episode Nadim Choucair speaks with Zahra Davidson, the outgoing CEO of Huddlecraft about peer learning, collective imagination, and letting go. Zahra left her post as CEO at the end of March 2024 Zahra explains how Huddlecraft facilitates huddles - small peer learning groups united by a shared curiosity. She discusses the importance of crafting a personal learning question, embracing emergence and giving up control, and making learning tangible She describes Huddlecraft's work around collective imagination, and talks about the role of writing in making sense of her curiosity and processing ideas. She reflects on stepping back from leading Huddlecraft after 7 years and shares her curiosity around enjoying life amidst challenge. As she prepares to leave her CEO role, she looks ahead to having more space and an open mind about what is possible next, following her curiosities with less attachment to specific outcomes This is a very inspiring podcast with by Nadim as part of his 🎙️ Curiosity That Matters Podcast series. Check it out here: https://lnkd.in/dPcvZJF6 Maker sure to explore Huddlecraft - an ecosystem for peer learning -here: https://lnkd.in/d-b2ZkYW #innovation #collectiveintelligence #collectiveimagination #learning #curiosity #ecosystems #landd

Futures Philanthropy: Anticipation for the Common Good! I. Long-term Thinking Across sectors, essential skills are needed to connect long-term thinking to the present and create hopeful narratives and images of the future that address problems II. The Philanthropic Sector The philanthropic sector is in a unique position to harness the strengths of foresight unhindered by the obstacles that can limit its application in a corporate or policy context III. Foresight and Philanthropy 1. Strategy Development Strategy development can be deeply enriched by futures practices. While foresight refrains from predicting outcomes, it empowers philanthropic organisations in context analysis efforts to embrace an adaptive stance towards change, positioning long-term perspectives as strategic imperatives 2. Programmes Integrating long-term views and systemic approaches into programme design and instruments is an evolving philanthropic practice aimed at proactively anticipating and responding in real time to emerging needs as well as to future potential, en-suring that interventions stay both relevant and impactful 3. Learning agendas Learning agendas are emerging knowledge management systems in philanthropy, representing a more dynamic approach to evaluation and impact measurement 4. Organisation By integrating these principles which inform strategy development, programme design, and learning agendas, philanthropy can significantly enhance futures literacy across the organisation 5. Catalysing Anticipation While many front-line organisations grapple with short-term needs versus a long-term approach, philanthropy can play a critical role that marries robust crisis-response mechanisms to less developed anticipatory capacities among civil society organisations Make sure to check out this fantastic report (great essays and case studies) by Philea - Philanthropy Europe Association and Copenhagen Institute for Futures Studies here: https://lnkd.in/dzQt3mX4 #innovation #foresight #philantropy #foundations #future #anticipation #strategy Fondation Botnar Mercator Foundation Switzerland

AI Strategies for 11 of the World’s Largest Companies! I. Eli Lilly and Company 1. Announced a flurry of AI drug discovery partnerships in recent years 2. Is investing in drug discovery, precision medicine, and clinical workflow startups 3. Leverages AI to augment employee productivity II. Novo Nordisk 1. Has worked with Microsoft since 2022 to build AI models for drug research 2. Is also targeting internal efficiencies using AI tools 3. Plans to scale up AI initiatives and explore the use of quantum computing III. J&J 1. Is betting on AI to reduce treatment timelines 2. Leverages vast datasets for drug & diagnostic research 3. Is forging partnerships to advance medtech initiatives IV. JPMorgan 1. Has applied for 250+ AI patents in the US since 2019, making it a leader in banking patent activity 2. Is building a moat via internal R&D, IP, and key AI hires 3. AI investments target a range of fintech applications V. Visa 1. Now with the rise of generative AI, the payments giant is in experimentation mode 2. Visa Ventures launches $100M generative AI fund 3. Clearest AI focus is boosting its fraud prevention efforts as criminal activity surges VI. Mastercard 1. Reorganizes leadership structure, highlighting crucial role of data and AI in its growth plans 2. Strongest AI focus is in making fraud detection more robust 3. It's also building out its cybersecurity portfolio via acquisition VII. UnitedHealth Group 1. Is a leader in AI startup investments among insurers, with 25+ deals* since 2019 2. 80+ of its AI patents are related to natural language processing 3. Earnings discussion highlights AI strategy focused on operational improvements VIII. Oracle 1. Links up with LLM developer Cohere to offer generative AI services to customers 2. Healthcare will be a major focus as it builds out generative AI applications 3. Cloud provider market share remains small, but it's betting on AI to spark continued growth IX. Salesforce 1. In its next AI evolution, looks to embed generative AI across its platform 2. Data Cloud platform is the backbone of its AI monetization plans 3. Salesforce Ventures, a key source for M&A pipeline, doubles down on generative AI X. Toyota 1. Toyota Ventures' most recent AI investments span materials, robotics, and manufacturing 2. Is focused in the near term on improving driver/vehicle safety via autonomy advances 3. Looking ahead, watch for AI developments from R&D subsidiaries like TRI and Woven XI. Siemens 1. Partners with Nvidia to further industrial automation with AI-driven digital twins 3. Deepening partnership with AWS, looks to bring genAI to industrial companies 4. Watch for impact of AI developments on software revenue growth Check out the report by CB Insights here: https://lnkd.in/dJEFVWHv #innovation #strategy #ai #genai #cloud #data #llms #startups

Anticipation for Healthy Aging: Using the Future to Build the Present! Key insights: 1. Healthy Aging: A societal challenge and opportunity, with a focus on extending healthspan, not just lifespan 2. Gesda's Vision: Anticipating scientific advancements to develop inclusive, global solutions for a sustainable future 3. Healthspan Extension: The goal is to close the gap between lifespan and healthspan, which has grown due to increased lifespan. This creates major societal challenges 4. Brain Health: A main barrier to healthspan extension, with advancements in Alzheimer's and Parkinson's treatments 5. Data Utilization: Aging is complex and requires large data, now accessible through computational methods 6. Calorie Restriction: Linked to longer lifespan through mitochondrial biogenesis, with drugs being explored 7. Gerosciences Achievements: Slowly being translated into the clinic 8. Aging and Disease: Aging is a major risk factor for diseases, including cancer 9. Role of Insurances and Governments: Crucial in longevity 10. Future Developments: New Alzheimer's drugs, expansion of regenerative approaches, and advanced biomarkers 11. Integration and Collaboration: The future of aging involves integration, holistic approaches, and more biobanks for longitudinal data Great event today by GESDA - Geneva Science and Diplomacy Anticipator hosted by Roche #innovation #aging #ageing #anticipation #foresight #healthyaging #gerosciences