Innovation

February 27, 2019

Strategic Engineering and Speed to Revenue

A REV•1 Engineering® White Paper Strategic Engineering is a comprehensive approach to medical device development that drives speed to revenue while simultaneously scrubbing away risk along the critical, developmental path.  This White Paper sets forth to examine the value of Strategic Engineering and how to go about adopting and implementing the approach. Strategic Engineering hinges on two key factors; highly coordinated resourcing combined with the rigorous execution of Design for Risk Management.  Perhaps a good […]
January 4, 2019

Identifying Meaningful Metrics For Strategic Engineering & Development

It’s often, and rightly said, if you can measure it, you can manage it.  Yet, performance metrics are applied in a somewhat uneven manner throughout most businesses.  Commonly used in manufacturing (yield rates, COGS, assembly times) and sales (the simplest of metrics…hit the number!), metrics are not as common with marketing (marketers are notoriously metric-averse) or in new device development. Granted, there’s a modicum of discovery that is necessary at the outset of new medical […]
December 18, 2018

Innovating The Business Of Innovation

In my last blog, I discussed how technologies that I witnessed on the lab bench some thirty years ago are now finding their way into the clinic…yet the business model tasked with commercializing these technologies hasn’t evolved over that same period of time.  Unfortunately, the structure and capitalization process with investor-driven startups has remained pretty much the same as it was in the 1980s, while the sophistication of next generation device technologies continues to grow […]
November 28, 2018

Can Business Keep Pace With Innovation?

The Thanksgiving holiday is a contemplative time.  A time to reflect back on the passing year and to look forward to the next.  This Thanksgiving was a bit more resonant for me, as the realization that I’ve been in this industry for 30 years settled in, along with the turkey, gravy and stuffing. I started my career in the life sciences, calling on the research laboratories and fledgling startups in Cambridge, MA back in the […]
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