The Weekly Minute - Dec. 16, 2022

Leading off: After nearly two amazing years with Duly Health and Care, I'm excited to continue on in the healthcare space -- and begin a new journey with JenCare at ChenMed! 

I’ll continue to work in the strategy and brand space with JenCare, a company that is driven to help seniors achieve better health. Its founders and family are on a mission to make sure seniors have access to convenient, quality care – and I’m thrilled to now be part of it. 

Now, onto the good stuff this week:

What I’ve Read This Week

• “Crazy New Ideas” by (Paul Graham)

  • Paul Graham dropped some serious knowledge on “crazy new ideas” and how and why they are termed “crazy.” From Paul:

    • “Anyone who has studied the history of ideas, and especially the history of science, knows that's how big things start. Someone proposes an idea that sounds crazy, most people dismiss it, then it gradually takes over the world.

    • “If the person proposing the idea is reasonable, then they know how implausible it sounds. And yet they're proposing it anyway. That suggests they know something you don't. And if they have deep domain expertise, that's probably the source of it.

    • “Such ideas are not guaranteed to work. But they don't have to be. They just have to be sufficiently good bets — to have sufficiently high expected value.”

• “Critical Thinking Is About Asking Better Questions” (by Harvard Business Review)

  • Hold your hypotheses loosely.

  • Listen more than you talk.

  • Leave your queries open-ended.

  • Consider the counterintuitive.

  • Stew in a problem.

  • Ask the hard follow-up questions.
    
    

What I Watched This Week

• Finished White Lotus, Season 2. My wife and I absolutely love this show and the second season was glorious. I don’t watch that many shows these days, but this is one that captures my attention. So much thrill involved. 
  
  

A New Framework

I recently heard this at a conference, and I just loved it. There was a session titled “Building a Culture of Rapid Experimentation: Strategies that Work” and one of the panelists mentioned that you need ‘Starters’, ‘Growers’ and ‘Finishers’ in your quest to innovate and complete projects. 

And the importance of that notion is these are three different types of people. You need to have the right people in the right places – and one individual shouldn’t take something from the very beginning through the end.

Very thoughtful way to organize future initiatives.

One Quote

"Enjoy the little things, for one day you may look back and realize they were the big things." - Robert Brault

No moment is too small or insignificant to provide a new depth of understanding. Small things become big things.

(Borrowed from @SahilBloom in The Curiosity Chronicle)

Healthcare Corner

• The Strategy That Will Fix Health Care

  • This is a very old article in the internet age (nearly 10 years old) from Harvard Business Review. But the essence hasn’t changed.

  • In this piece, HBR argues that It’s time for a fundamentally new strategy to fix the. healthcare system.

  • At its core is maximizing value for patients: that is, achieving the best outcomes at the lowest cost. We must move away from a supply-driven health care system organized around what physicians do and toward a patient-centered system organized around what patients need. We must shift the focus from the volume and profitability of services provided—physician visits, hospitalizations, procedures, and tests—to the patient outcomes achieved. And we must replace today’s fragmented system, in which every local provider offers a full range of services, with a system in which services for particular medical conditions are concentrated in health-delivery organizations and in the right locations to deliver high-value care.