Global Innovation and New Technology (GIANT) Health Event, London, 16-18 November
This summer the Strategic Planning Society started a discussion on the formation of a new industry. This dialogue continues on Friday morning, 18 November, at the GIANT Health Event being held at London’s Southbank.
In the session led by two SPS Trustees, we will host a series of short presentations from leaders across a variety of industries, and then sit the presenters down for a panel discussion to create a cross-industry dialogue.
The discussion will consider that two mature industries – Pharma and Healthcare will see major advancements in the coming years. But these industries, by design, are both reactive and palliative – dealing with illness and injury.
The staggering growth rate of the +50 population, with a longer life expectancy, combined with today’s rates of illness are converging to overwhelm current healthcare systems. Even if we could build enough facilities in time for this convergence, we could not meet the demand for the necessary healthcare workers.
The economic and societal imperatives for the formation of a Wellness industry are clear.
How should we define wellness in this new industry paradigm? What are the architectural components necessary for a wellness enterprise to form within an industry context? What barriers to adoption might new players in a nascent industry face?
In this session we will explore the intersection of Wellness, Wearables, Big Data, Cloud Computing, Genomics/Epigenetics, IoT, Fashion, Fintech, and Insurtech.
Learn more about the event here: Giant event info
SPS is working with the Human Factors Special Interest Group of the Association for Project Management on a more rounded approach to the planning and delivery of major projects. We have held one joint event and will do more work together.
On 7 July 2016, at London’s City Hall, the Strategic Planning Society is hosting the first in a series of provocative discussions on topics of strategic interest. This initial session is on the theme of Wellness: Defining a Nascent Industry. This invitation-only event is available to SPS Members for a special SPS Member rate.
The theme of Wellness: Defining a Nascent Industry touches on a wide range of current industries and strategies that are highly relevant to interest SPS members and the wider strategy community.
This talk is the first in a series will explore various aspects of the emergence of a completely new industry. Our first discussion will explore opportunities and the potential barriers to the adoption of promising technology and business models poised to shape the definition of this new industry. Billions are being invested by adjacent, mature industry players – Insurance, Financial Services, Pharmaceuticals and Healthcare, as well as entrepreneurial, venture-backed start-ups.
Much of the promise that the near future holds is based on the application of wearable technology. As wearables extend beyond the device (i.e. Fitbit, iWatch) to smart textiles or embedded accessories, ultimately user adoption – which is required for benefits to be realised and investments to provide returns – will experience a tipping point more similar to fashion than technology.
In this invitation-only panel debate, we will discuss the collaboration required between industries and panellists include experts from Insurance, Fintech, Textiles/Wearables, Venture Capital and Fashion.
SPS members who are interested in attending this event should email the Executive Officer: firstname.lastname@example.org
Three of the most popular discussions on the SPS LinkedIn group this month: Strategy should only ever developed from detailed rational planning; Can corporate strategy be ‘crowd-sourced’?; and, If strategy is used to decide market entry, why are there so many small players in media tablets?
These are just some of the many conversations in the SPS LinkedIn group, which now boasts over 12,000 members. Why not join in the debate, on the SPS LinkedIn group?
Strategic planning – a waste of time? A simple question and one strategists would hope to answer in the negative. However, an interesting and sometimes heated debate ensued when it was posed this month in the SPS LinkedIn Group.
“An interesting question and actually not easy to answer,” responded one member. “Strategy is a strange beast and there is no one-size-fits-all approach.”
Another was more definite: “Is strategic planning a total waste of time? I would say no, but it must not be viewed in isolation from the other strategy phases,” he wrote. “The focus should shift to continual strategy making from periodic strategic planning. This requires people with curious minds that look into every aspect of life for ideas to plug in to the strategy making process.”
The discussion was deemed to be as much about leadership as strategy by one respondent. “There are ever more ‘tools’ but less information on what works. The real point is to do the process, and to be sure you are really honestly assessing your situation, capabilities, and the markets. A quote attributed to Eisenhower comes to mind: ‘Plans are nothing, planning is everything’”.
With so many thought-provoking insights, why not join the debate?