Question

In: Economics

why clinical and business functions have not been well integrated to date. discuss why they have...

why clinical and business functions have not been well integrated to date.

discuss why they have developed separately given the historical context.

What is the potential value-added knowledge generated by integrating these systems

Solutions

Expert Solution

Ans.

Many companies find silos among different departments and functions. Historically the basic principles of creating clear objective of different functions but ensuring everyone objectives are aligned to key vision and goal of the organization and empowering them adequately has not worked well for clinical and business functions.
Many companies have used many techniques like Lean , Six Sigma or other methodologies to improve the integrations however these processed have given results on ly on the paper . In reality the true integrations benefits have not been visible
May times the clinical functions role include innovation and research and development. And the investments done many times turn out to be sunk cost or they may have very long gestation period. Whereas in other functions of the business like finance , legal , contracts, marketing etc., the thought process of team members may be different and they are used to seeing quick results for their efforts and may not appreciate all the time the gap between two functions.
Integration will help a long way in the enhancing the potential value-added knowledge by promoting innovation, transformation ,new products launch, improvement in product vitality and better results for the organization .


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