“Transformation in healthcare” has become a common topic of conversation the past few years. This quickly turns to talk of deployment of innovative technologies, policy reform, potential M&A, etc. However, we believe that true transformation in healthcare begins with culture change. And, it will be women who MAY NEED TO lead this transformation.
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“Sustained peak performance isn’t about luck”
- Tom Brady, and before you beat us up for quoting a perennial winner, he is THE classic example of looking for every edge one can get – a PERFECT trait for those seeking health or peak human performance
“Without a sense of purpose, no company, either public or private, can achieve its full potential. It will ultimately lose the license to operate from key stakeholders. It will succumb to short-term pressures to distribute earnings, and, in the process, sacrifice investments in employee development, innovation, and capital expenditures that are necessary for long-term growth.”
- Larry Fink, CEO of Blackrock, which manages $6 Trillion (yes Trillion)
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P5 Protocols Podcast of the Week:
This week, we clarify our overarching theme: to cover those areas that we think need to evolve or completely change or for that matter be added to enable healthcare to succeed for all, both in the U.S. and around the world. The culture, the arsenal of tools, and how we use those tools must all evolve.
We start by listing the many categories we will cover and then dig into the topic of culture and in particular empathy, which inevitably leads us to the role of women and the benefits of having certain more “feminine” traits becoming more dominant in healthcare. This effectively means moving away from being an ego-dominated male industry to a fe/male balanced industry – an industry that listens more, has more patience and trust in the body’s own capacities and generally just more empathy that turns the patient and his or her support group into the center of attention, not the providers.
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Questions We Need Help Answering:
For Providers and Payers: Among others, we spoke with three prominent women in healthcare, all with PhD and / or MD degrees and each of whom have decades of experience in academia and the general practice of medicine. So, we asked them as we ask you: What has been the experience of women in healthcare? What is the current state and what has been changing? And lastly, where do you see it going?
For Entrepreneurs: How are you diversifying your workforce? When David had his old company, VitaSave, and it hit 14 people, we looked around and saw people from 8 different backgrounds, from Israel to Ireland, from U.S. to other countries, more women than men and several racial groups and on a thread of a budget it worked. So, how do you look at diversity of your workforce and perspectives and how well do you listen?
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David’s Corner:
Two weeks ago, I got a call from a friend inviting me to go scuba diving more than halfway around the world (if that is possible), which I readily accepted. I will have pictures to share when I return in mid March. But I had to get certified and so while planning to already be in Florida last week, I did so. It was a TON OF WORK but awesome and now done. I grew up down there but never knew more than a minute at 20 feet down and nothing below that.
In the recent Outside Magazine, there is an incredible image by this photographer. Some of these images are just awesome. All I can say is that I never thought it would be so easy to breathe underwater. In a world where we are constantly working and forgetting to breathe, Scuba forces you to do so and my body is so much better for it! Go figure…
And this article, by futurist Vivek Wadhwa, is too fascinating to wait to post
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Articles & Suggested Reading / Watching:
Help us: when you find worthwhile articles, please email them to protocols@p5hv.com.
- Own It, by Sallie Krawcheck
- Chemo: More Help or Harm?
- In The Female Brain, Dr. Brizendine distills all her findings and the latest information from the scientific community in a highly accessible book that educates women about their unique brain/body/behavior. The result: women will come away from this book knowing that they have a lean, mean, communicating machine. Men will develop a serious case of brain envy
- Yale’s Most Popular Class Ever: Happiness
- Now this is interesting! CVS bans airbrushing (of photos)
- AND HERE IS WHY WE DO NOT INVEST IN BINARY OUTCOMES
Please send any comments and / or suggestions to protocols@p5hv.com.
David Eigen and the P5 Health Ventures Team
