Competing

What’s the Downside Risk for Hospital Executives?

A physician makes a mistake, commits negligence, and what’s the result? It can be horrific. Malpractice suit. Medical staff discipline. Medical board discipline leading even to loss of licensure. Reputation destroyed. Now ask yourself what happens if a hospital executive, say the CEO of a publicly held hospital chain, commits the equivalent type of error, […]

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Competing

State Licensing and Anti-Competitive Bureaucracy

At a time when telemedicine and telehealth are poised for rapid expansion, many state medical boards are doubling down on what appears to be their true purpose: enacting and enforcing anti-competitive measures to protect those already licensed in the jurisdiction. Medical boards, like all professional licensing boards, are bureaucratic barriers to open competition. Sure, they […]

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Competing

How to Profit From Problems

It’s what you do about a problem that makes the difference. Ignoring it is a fools game; the problem will fester. Solving the problem is neutral — you think you’re back on an even keel, but chances are there’s still lingering anger.

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Competing | Competition From Within

The Chicken or the Egg?

Steve Jobs famously believed public demand wasn’t important in terms of identifying the market for new products. Instead, what Jobs envisioned the public would want wasn’t even on the public’s radar. On the other hand, the famous marketing expert Gary Halbert held, using a restaurant as an example, that the most important element in the […]

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