medDesign by Trig

Why Outcome Driven Innovation Falls Short: The Power of Mission Driven Innovation

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In this episode of our podcast, we dive deep into the concept of Mission-Driven Innovation and why it surpasses Outcome-Driven Innovation for businesses. Our special guest, Andrew DiMeo, PhD, a renowned expert in healthcare innovation, shares his insights on the importance of aligning business goals with a mission that goes beyond mere outcomes.

Topics Covered:
The superior impact of Mission-Driven Innovation over Outcome-Driven Innovation
Andrew DiMeo's framework on enabling evolutionary design
The fascinating story of how Eminem helped raise 2 million dollars in fundraising
Challenges and strategies for first-time startup founders seeking government funding
The current government funding paradigm in healthcare and the role of NIH programs
Andrew's latest venture, Hangar Dreys, and its mission to combat the loneliness epidemic through a unique coworking concept
Key Takeaways:
Why businesses should focus on mission and vision rather than just outcomes
Practical advice for startup founders on building a team for grant funding success
Insights into the NIH funding process and how to align your project with their mission
The importance of empathy and mission alignment in innovation and business strategy
Join us for an enlightening discussion that will transform the way you think about innovation and business strategy.
Free Learning for You:

Read Andrew's Writings on Mission-Drive Innovation: https://medium.com/venturehq/mission-driven-innovation-f18da7361c88?sk=2abaaafb8e18fd93de810f3d0190efce

More writing on Mission-Driven Innovation: https://medium.com/venturehq/implementing-mission-driven-innovation-610aa2cf34ad?sk=93779d56c9cf833f3845639d5ac47dbd‍

Learn more about Enabling Evolutionary Design through the All Free IDEAL Biomedical Publication: https://medium.com/ideal-biomedical

Download our free Guidebook to Design History File Ready Ideation: https://www.trig.com/guidebooks/design-history-file-ready-ideation-guidebook
Free Creativity Course for Nurses: https://think.trig.com/offers/FnWZRGaC
Connect with Andrew DiMeo: https://www.linkedin.com/in/ajdimeo/
Check out Hangar Dreys: https://hangardreys.com/


Become a Medical Innovator: https://md.trig.com/


Work with Trig: https://www.trig.com/contact

00:00 Welcome Back to the medDesign Podcast
00:34 Introducing Mission Driven Innovation
01:03 Defining Mission Driven Innovation
01:26 The Importance of Vision and Mission
02:50 Aligning Vision and Mission with Business Goals
04:36 Challenges and Solutions in Mission Driven Innovation
05:58 Implementing Mission Driven Innovation
08:56 Evolutionary Design and Flexibility
09:43 Connecting the Dots: From Vision to Specifications
12:46 Engaging Teams in Mission Driven Innovation
19:20 Personal Vision and Mission
25:10 Defining Vision, Mission, and Objectives
25:59 Personal Vision and Self-Expression
27:38 Challenges in Team Alignment and Vision
29:57 The Role of NIH in Mission-Driven Research
34:18 Navigating NIH Funding for Healthcare Projects
39:16 Advice for First-Time Startup Founders
44:08 Mission-Driven Innovation and Personal Projects
47:46 Conclusion and Final Thoughts

...more
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