Quick Leonard Kieffer Feature | Simple Solutions Through Innovation
We live in a world where innovation is all around us. Whether it is an idea, a new product, a new service, or a new method, innovation drives the development of solutions that, if successful, will ultimately eliminate problems, regardless of nature or size. The Innovation Institute, located in La Palma, California, is an independent, for-profit limited liability corporation that focuses on transforming healthcare through cultivating innovation solutions as a way to “improve care delivery, eliminate waste, and extend human life.” Their mission is “doing more, with less, for more people.”
The Innovation Institute was launched in January 2013. “When you think about innovation, you really need to be in an environment where you reward risktaking and you reward failure because that’s ultimately how you are going to make the breakthrough,” said Joe Randolph, President and CEO. “Often times it’s not the huge breakthroughs that turn out to be the big winners. Sometimes it’s a simple solution to a problem that somebody on the frontline has been dealing with for years and has had nowhere to take it.” More…