“Hurry up, I have a final due in 2 hours so I don’t have a lot of time.” That’s what I said to my 9-year old daughter the other night as we did our nighttime routine. It doesn’t usually end up being such a stark trade-off, literally stealing minutes from bedtime to go run a regression on some widget sales data. But there’s no way around the fact that my SOM experience means, at least in quantitative terms, less family time.
We were assigned a case that explores NUMMI, the 25-year joint venture between Toyota and GM designed, among other objectives, to bring lean manufacturing to the U.S. (Being an NPR nerd, I was excited that this case for Competitor was presented as a This American Life episode.) After becoming a model of transformation, the NUMMI plant and the collaborative venture it was home to ultimately failed.
As a midwife in a health IT startup, I did not expect to draw much inspiration from the pharma and biotech offerings in the fall Colloquium. But I came to Yale precisely because I wanted to innovate a business model for the maternity care transformation. I want to thank Clive Meanwell for coming to Yale and offering an inspiring business model to achieve this.