"The benefit of innovation is that you’re willing to take the risk," says this CEO on how to approach new investments.
In this episode of HL Shorts, Chanda Chacón, president and CEO of Children’s Nebraska, explains how the organization evaluates technology and innovation investments, from calculated risk-taking to knowing when to walk away.
Jay Asser is the CEO editor for HealthLeaders.
KEY TAKEAWAYS
CEO Chanda Chacón says innovation requires a willingness to experiment, knowing that some initiatives will fail, but those failures still generate valuable learning.
Children’s Nebraska evaluates innovation based on outcomes and the ability to keep kids in lower-cost care environments.