Healthcare in India: Strategic Perspectives
3 – 4 hours per week
The Indian healthcare sector is garnering global attention. Be it the evolution of Indian pharmaceutical firms, low-cost hospitals, or disruptive start-ups, the sector is a laboratory of myriad market forces impacting innovation, choices, and societal welfare. At the same time, India continues to battle with inadequate healthcare infrastructure and a rising disease burden.
This business course by IIMBx applies a strategic lens to the sector’s submarkets that include hospitals, pharmaceutical firms, and diagnostic equipment providers. It examines the role of disruptive innovation and the ways in which public policy shapes the evolution of healthcare markets. With this framework, learners will be able to evaluate and decide which employer to join, which healthcare stocks to invest in, where the exciting business opportunities lie, and what are the unmet needs in this sector that can be addressed by a startup.
If you are a healthcare enthusiast, a part of the healthcare industry, a policymaker, an investor, or an entrepreneur, this is the course for you.
Week 1: Strategy Foundations 101
Introduction to basic strategy concepts, including Porter’s five forces, resource-based view, institution-based view and related notions
Week 2: The Indian Hospital Sector
Strategic overview of a specific sub-market in Indian healthcare
Week 3: The Indian Pharmaceutical Sector
Discussion of current and key trends in the sub-market
Week 4: The Indian Medical Devices and Diagnostics Sector
Case study discussion
Week 5: Disruptive Innovation and Regulation in Indian Healthcare
Interview with industry leader(s) across the Indian hospital, pharmaceutical and medical devices and diagnostics sectors
By the end of this course, learners will be able:
- Apply the basic concepts in strategy to the sub-markets within the healthcare sector
- Explain the competitive advantages and the role of resources in differentiating the successes from the failures in the healthcare sector
- Examine the corporate leader perspectives on the evolution of the various sub-markets within the sector
- Analyse managerial dilemmas facing the sector through mini-case discussions
This course is designed for healthcare enthusiasts, professionals working in the healthcare sector, policymakers, investors, and entrepreneurs who are keen to explore the Indian healthcare sector.