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Innovation Rising, Presented by Healthbox

Innovation Rising, presented by Healthbox, examines the intersection of innovation and healthcare from a variety of viewpoints featuring interviews with the leaders who are moving our industry forward. The podcast is arranged in 3-episode series around a specific topic in healthcare or innovation. In each of the 3 episodes, we interview a hospital or health system using this innovation, an investor who has invested in this sector and their thoughts on why and the future of the sector, and finally an interview with a founder of a solution in this space, respectively.
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Now displaying: August, 2017
Episode 31: Jeff Hyman, founder of Strong Suit, on Finding and Hiring Rockstars at your Startup 0
Aug 30, 2017

This week we have a bonus episode of the podcast with  Jeff Hyman, Founder and Chief Talent Officer of Strong Suit, a firm that helps build Rockstar top-teams for VC & PE portfolio companies. In addition to founding Strong Suit, Jeff is an Adjunct Professor at the Kellogg School of Management, is the Author of The Ultimate Guide to Hiring Growth Rockstars and the Host of the iTunes rated 5-star Strong Suit Podcast, and is CEO-in-Residence at Sterling Partners, a $6B Chicago PE firm. Along the way to founding Strong Suit, Jeff has raised $55M in venture capital, and has been CEO and Founder of 4 different companies, including Chicago-based Retrofit, where he is now Chairman.

Jeff joins us on the program today to talk about Finding and Hiring Rockstars at your Startup and how to avoid costly mistakes in this crucial process.

Topics we discuss in this episode include:

  • Jeff’s background and what led him to building a company in the healthcare space
  • The astonishing number of times Jeff got rejected before one the world's most prominent investors said “yes” to him
  • How Jeff defines a “rockstar”?
  • How a busy founder can build in more time to focus on recruiting
  • How to balance hiring for talent vs. culture and,
  • How Jeff ensures he hires for diversity among teams
  • The best questions to ask during the actual interview

Links and Resources:

  • The Strong Suit  8 Immutable Truths of Talent for VC & PE Companies.
    • 1. People are the ultimate competitive differentiation
    • Creating a culture that draws in talent is the only way to stay ahead for the long term.
  • 2. There is no such thing as a perfect candidate
    • You’ll be waiting forever. Instead, identify the must-have competencies & never settle.
  • 3. Recruiting is sales & marketing, not human resources
    • It’s all about the funnel. First, plug the leaks. Then, fill the funnel.
  • 4.You must give top-performers a reason to listen
    • Rockstars have never had more options. You need to create a compelling employer value proposition.
  • 5. Recruiting must be based on things that are predictive of success
    • DNA is far more predictive than experience, education, or personality.
  • 6. A top-performer at one company is not always a top-performer at another
    • There are no shortcuts, even if they worked at your competitor.
  • 7. Using your “gut” in recruiting is right 50% of the time
    • But which 50%? Trust the process, and increase your accuracy to 90% or more.
  • 8. To build a successful business, winning the war for talent must be your #1 priority
    • You must invest at least 30% of your time on recruiting & retention.

Connect with Jeff

Connect with Healthbox

Episode 30: Kelly Perdew, Co-Founder & Managing General Partner at Moonshots Capital 0
Aug 23, 2017

This week’s episode is the third and final installment of our series in On-Demand Healthcare. Our guest today is Kelly Perdew, Managing General Partner of Moonshots Capital – an early stage angel syndicate that invests in early stage technology companies and leans in heavily on veteran founded companies. He is co-founder & Managing Partner at The DuMont Project – a consultative agency that helps accelerate the growth of direct to consumer brands. Prior to DuMont Project he was the CEO of Fastpoint Games, a venture-backed leading developer of live data-driven games for the fortune 500 brand set.

Kelly earned a BS from the US Military Academy, West Point, a JD from the UCLA School of Law, and an MBA from the Anderson School at UCLA.  Kelly served in the US Army as a Military Intelligence Officer and completed Airborne and Ranger training and is also an accomplished author and speaker on leadership.

At Moonshot Capital Kelly and his cofounder Craig Cummings bring a disciplined approach to the investment process to identify companies with exceptional growth potential. They form close working relationships with the companies they back to help them achieve their critical milestones and frequently take on Board seats or formal advisory roles. As West Point graduates and veterans, they look to invest 50% of all deals in companies that are military veteran founded or run.

In addition to all of this, Kelly was the winner of the 2nd season of NBC’s “The Apprentice”!

In this Episode, Kelly speaks with Chuck and Healthbox Fund Associate Caroline Arenz about:

  • Kelly’s fascinating background and experience
  • After his experience as a company founder and CEO, how Kelly got into Angel and venture investing
  • How Kelly defines a “moonshot” and his clear set of determining factors that allows him to make quick “no” decisions
  • How Kelly got interested in On-Demand Healthcare and what led to his investment in PlushCare and why he considers PlushCare a “moonshot”
  • What Kelly thinks thats healthcare companies could learn from taking ideas from other industries
  • Of the 10 point checklist of selection criteria for companies Kelly invests in, which are the most important things he is looking for in the company founders he looks to invest in

Links

Connect with Kelly

Connect with Moonshots Capital

Connect with Healthbox

Episode 29: Sameer Khanna, VP of Engineering at Pager 0
Aug 9, 2017

This week we have Sameer Khanna, VP of Engineering at Pager on the program in the second part in our series around on-demand healthcare, specifically the use of AI in on-demand healthcare!

Sameer holds a bachelors in Information Technology from Rochester Institute of Technology and a Masters of Computer Science from NYU. Prior to joining Pager, Sameer served as a key contributor at Lot18, successfully positioning the company as one of the largest wine e-commerce businesses. He then joined Viyet as CTO, and drove company revenue to 15x within 12 months with the construction of an e-commerce storefront, seller portal, and redesign of the marketplace website. In 2015, Sameer joined Pager as the Vice president of engineering.

In this episode we cover:

  • Sameer’s background and how he came to his role at Pager and how he dealt with the learning curve of getting into the healthcare space, coming from an e-commerce background
  • How Sameer delineates the difference between Artificial Intelligence and Machine Learning
  • What this version of Pager with artificial intelligence embedded looks like and how both patients and clinicians use it
  • How Pager uses the data gathered to help the platform get smarter over time
  • Where Sameer sees AI in healthcare going
  • What in healthcare innovation currently is Sameer most excited about

Links

Connect with Sameer

Connect with Pager

Connect with Healthbox

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