Full-Scale Engagements
A full-scale, premium service is available for those looking to achieve transformational change in the way they approach bringing medical technologies into the world. The engagement will be rigorously tailored to your unique needs and may include any combination of Value Dashboard™ development, training, research, ongoing strategic discussions, and stakeholder interviews, as applicable to give your project a high assurance of success.
The engagement starts with an exploratory phase.
Phase 0: Exploratory Phase
There is always an uncertain, exploratory period, and we work with you to make that period as risk-free as possible, including conservative spending and checkpoints to assure fit before executing detailed work. We’ll make sure it’s worth your time, regardless of whether you continue to the next phase.
Phase 1: Requirements Phase
Once an opportunity has been identified, we’ll establish guardrails, define milestones, and agree on how to monitor progress and measure success. Some prototyping may be possible to test ideas and burn down risk before proceeding headlong into development.
This phase concludes with a frank conversation about what’s expected. You will have a sense of some potential opportunities, trends in the standard of care, competitors, and other factors like intellectual property expirations, emerging technologies, and opportunities for value enhancement.
Phase 2: Model Design Phase
This phase involves detailed design and the associated research to clearly describe how the model will be constructed and what it will calculate. Implementation begins as needed to flesh out concepts and demonstrate readiness for implementation. A mock-up Dashboard may be provided with dummy data.
This phase concludes with a written and graphic description of the model, giving a sense of the questions that can be answered through the modeling effort. If all goes as planned, you will be eager to see the results from the model.
Phase 3: Model Implementation & Analysis
The model is brought up to working condition and the first major insights are shown. We work closely with you to prioritize the most important insights and elements, so that we only develop elements that are helpful. We also work with you to look for opportunities to generate valuable derivate insights beyond the core positioning insights.
Phase 4: Validation, Socialization, and Iteration
The purpose of this phase is create a feedback loop from model outputs back to model inputs, whether model development continues or is deferred until some new information is acquired.