What is the Entrepreneurial Mindset Healthcare?

Entrepreneurial Mindset Healthcare is a special interest group of the global Entrepreneurial Mindset Network. 

The Network’s vision is that everybody can benefit from having an entrepreneurial mindset. The mindset is relevant not only to healthcare entrepreneurs but also to front line care workers, support staff and leaders in private, public and not-for-profit healthcare organisations.

The healthcare group’s mission is to inspire you to make your unique contribution to healthcare through your use of the entrepreneurial mindset.

To get you off to a flying start the Network provides a common sense  mindset definition that you will find easy to understand and use. To help you in your ongoing mindset development we offer a book, workshops, and a range of online Mindset Behaviour (MBA) tools.

What are the benefits of joining the Network?

It is quick, easy and free to join the Network. Simply press the [JOIN] button at the top of this page. We encourage you to add your membership to your CV and we will provide you with instructions so that you can add your membership to your LinkedIn profile.

Followers of the Network’s company page on LinkedIn come from 80 countries. People who have registered to join the Network are located in 107 countries

To stimulate your thinking we provide a range of mindset examples that showcase people from all over the world applying the mindset in healthcare.

To give you more opportunities for international networking we invite you to join our series of interactive webinars where you can meet new people, exchange ideas and gain new insights.

Who runs the Network?

Paul Coyle is the Founder and Director of the Entrepreneurial Mindset Network.  He is an expert in the entrepreneurial mindset, leadership and organisational transformation.  

Paul is a member of the Oxford Entrepreneurs Network, a global network of entrepreneurs and investors who were educated at the University of Oxford.

You can visit Paul's Linkedin profile where where you can choose to connect with him. Currently Paul is connected on LinkedIn to more than 11,000 people, including healthcare professionals in 58 countries who are working in biotechnology research, hospitals, medical equipment manufacturing, medical practice, mental health care, pharmaceutical manufacturing and wellness & fitness.

On Linkedin you will be able to see a summary of Paul’s professional experience as an entrepreneur, expert and as an executive and professor in higher education. You will also be able to read and interact with his regular LinkedIn posts about the entrepreneurial mindset.

The Entrepreneurial Mindset Network has created an easy to understand, common sense and practical definition of the entrepreneurial mindset. It is quick to understand, easy to remember and of practical use in a diverse range of contexts. As an aid to memory, 1 essential entrepreneurial behaviour is allocated to each of the 7 letters in the word MINDSET.

What is a good definition?

Many people use the phrase “entrepreneurial mindset” in a vague or ill-defined way. To solve this problem, the Entrepreneurial Mindset Network has created an easy to understand, common sense and practical definition of the entrepreneurial mindset. What makes this definition distinctive is that it is based on 7 essential entrepreneurial behaviours. Other definitions use generic business or transferable skills and they then fail to fully capture the distinctive nature of entrepreneurship. Our focus is on helping people to think, act and behave like an entrepreneur. As an aid to memory, 1 entrepreneurial behaviour is allocated to each of the 7 letters in the word MINDSET.

Can I download the definition?

To support people all around the world, the Network’s definition of the mindset has been designed to be relevant in diverse cultural contexts and has been translated into 16 languages.

[DOWNLOAD] the definition in the following languages by clicking on the name of the language:

[عربي] [中国人] [Deutschen] [ελληνικά] [English] [Español] [français] [italiano] [Nederlands] [Português] [ਪੰਜਾਬੀ] [română] [Русский] [Српски] [shqip] [Türkçe]

How was the definition created?

The definition was developed by examining research studies that have tried to explain the success of entrepreneurs through an understanding of their personalities, skills and behaviours. In addition, we considered positive and negative perceptions of entrepreneurship e.g. with regard to ethical behaviour. Overall, the definition attempts to be both realistic and practical. The mindset has to be more than simple self-belief or wishful thinking. Therefore, at the core of our definition is the idea of taking action. This can mean being prepared to put in the hard work and also being resilient in the face of the inevitable challenges of an entrepreneurial journey.

MINDSET
Meet real needs

Aim to maintain a sustainable healthcare system which delivers the best the possible health outcomes and value for money.

Aim to meet the expectations of a diverse range of stakeholders and deliver equitable societal outcomes.

Aim to prevent chronic diseases (e.g. hypertension, diabetes) caused by lifestyle choices and socio-economic status.

Collect & analyse data (e.g. patient reported outcomes) to support clinical decision making, benchmarking & improvement.

Move towards a more user-centric approach in healthcare including the use of digital healthcare technologies.

MINDSET
   Innovate

Exploit technological advances (medicine, devices & digitisation) and at the same time avoid unnecessary harm.

Continue to develop the collection, analysis, use and sharing of personal health records & data (inc. from wearable devices).

Support the life long learning of health professionals so that they can meet existing, changing and future needs.

Be open to new approaches to managing human resources including revising contracts, job descriptions & working practices.

Anticipate radical innovation that will build on, improve or replace the existing systems e.g. start ups and new entrants.

MINDSET
     Never act unethically

Aim for inclusivity and equality in healthcare access & outcomes (e.g independent of geographical location or socioeconomic status).

Try to tackle differences in life expectancy e.g. between Baltic region vs southern and central Europe (Men 10 & Women 7 years).

Work to resolve legitimate concerns about data privacy so that Artificial Intelligence can be used to help improve health outcomes.

Do not exploit healthcare professionals, ensure they are able to do their jobs, reward them appropriately & safeguard their well-being.

Take actions that will begin to reduce the environmental impact of healthcare (currently over 4% of the world’s climate emissions).

MINDSET
        Dare to take risks

Understand risk taking behaviours (e.g. lack of exercise) and the impact on chronic disease & healthy life expectancy.

Identify, monitor, reduce and eliminate health risks and determine interventions that will influence changes in behaviour.

Identify new opportunities that can only arise from taking calculated risks e.g. biotechnology and gene therapy.

Monitor intended outcomes and consequences, stopping risks before major problems occur; have a Plan B.

Embrace the opportunities offered by radical innovation as a necessary response to meeting existing and future real needs.

MINDSET
          Sell

Engage citizens in a consideration of risks and educate them to make life style choices that improve their healthy life expectancy.

Champion the need for an holistic approach to citizen health and well-being based on a team-based and multi-agency approach.

Encourage communication between stakeholders & the sharing of best practices across the silos that exist in the healthcare system.

Inspire & motivate healthcare professionals to embrace the need for a change in mindset, behaviours and work practices.

Convince the indifferent, the doubters and critics with evidence of the benefits of incremental & significant change.

MINDSET
        Exercise for productivity

Work out how to manage costs, reduce wasteful expenditure, maximise value for money and make smarter use of resources.

Create data analyses that enable the robust evaluation of outcomes, benchmarking of performance and management of costs.

Re-evaluate established work methods, make professional choices to phase out ineffective practices & avoid chaotic change.

Revise contracts, job descriptions and benefits to maintain the availability of talented and motivated healthcare professionals.

Invest in digitisation and preventative measures that empower patients to actively manage their own health and well-being.

What are the latest mindset examples in healthcare?

The EXPRESS eZINE continues to build up a diverse range of mindset examples which showcase the use of the entrepreneurial mindset in the world of healthcare. The titles of the healthcare articles and the names of the authors are shown below. Click on any image to read the article. You also have the option to download a PDF. Use the ideas in the articles to find inspiration, reflect on your own practice and stimulate your action planning.

What is the EXPRESS eZINE?

EXPRESS is the eZINE published three times a year by the Entrepreneurial Mindset Network.  Since 2018, the eZINE has featured authors from 48 countries who have expressed their views about the entrepreneurial mindset and shared numerous mindset examples. All 19 issues of the eZINE are available on the website Entrepreneurial Mindset Express.

How can you share your mindset example from healthcare?

We welcome articles, opinion pieces and interviews on any aspect of healthcare and the entrepreneurial mindset. The focus is reflection on practice and sharing lessons learned. The typical word length is somewhere between 400 and 800 words. To discuss your idea or to receive questions if you would prefer to be interviewed or to submit your draft article, simply use the contact details at the end of this page.

What is EXCHANGE?

EXCHANGE is an ongoing series of webinars organised by the Entrepreneurial Mindset Network. The webinars are an opportunity for you to engage in international networking, to meet new people, to exchange ideas and to gain new insights. People who have registered for the webinars to date came from 52 countries.

How is EXCHANGE distinctive?

What is distinctive and adds extra value for participants is the emphasis on interaction and the expert facilitation of an inclusive conversation. We aim for an honest exchange of views between network members and the co-creation of actions to support change in healthcare.

What has the feedback been?

Feedback received from participants  includes: * Beautifully designed forum with insightful speakers * A great atmosphere * It's been excellent * I’m really happy to be part of this team * A great conversation * Great forum which adds value for all * A highly relevant, tightly structured but still dynamic conversation *

How do I join the next webinar?

EXCHANGE webinars are advertised in advance on LinkedIn by Paul Coyle, the Director of the Entrepreneurial Mindset Network. The advert includes a description of the webinar topic and speakers, with a link to register on Zoom. Press the [Connect] button on  Paul's LinkedIn profile so that EXCHANGE adverts will appear in your LinkedIn feed.

How can I get more involved?

Scaling Higher Education Innovation using the Entrepreneurial Mindset (SHINE) is an ongoing international project involving business, healthcare and education professionals. You can apply to join this project on the Entrepreneurial Mindset SHINE website. Paul Coyle, the Director of the Entrepreneurial Mindset Network is the SHINE project leader and an invited member of the OECD's EECOLE (Entrepreneurship Education Collaboration and Engagement) Network.

Can I access past webinars?

After each EXCHANGE webinar, rather than simply uploading a full video recording, a written summary is created, highlighting the key points made by the speakers and participants. The PDF of the summary can be read online or downloaded. To access the full set of summaries for all webinars go to the Entrepreneurial Mindset Exchange website.

How can I develop my mindset?

In a world that is increasingly complex and uncertain, the entrepreneurial mindset is a 'must have' and not just 'a nice to have’. Anyone can quickly learn to develop their entrepreneurial behaviours. You can start today. The Network provides a range of resources to help you to develop and make good use of the entrepreneurial mindset in your life and healthcare career.

Reviews

Get your hands on this inspiring step-by-step guide today! It will equip you with the tools you need to achieve success in a rapidly changing world. Enikő Koppány, Hungary, 2023.

A well-written, hands-on book. The reflective questions at the end of each chapter are an excellent guide to help people change their way of thinking.Bob Bastian, Italy, 2022.

This clear, engaging book has made me look at my work with fresh eyes, giving me a new sense of purpose. Highly recommended. Carolyn Howitt, United Kingdom, 2020.

A very helpful book that inspires the reader, stimulates his thought and excites his curiosity. Roberto Brambilla, Italy, 2020.

How to read the book

You can read the 3 introductory chapters of the book on screen for free on Google Play.

You can purchase the complete book for the equivalent of 7.99€ on Google Play. This gives you access to 7 additional detailed chapters, 1 for each of the 7 entrepreneurial behaviours, and 140 self-reflection questions. You can read the full book in your web browser, and online or offline using the Google Play Books app for Android, iPhone and iPad.

You can purchase a print copy for the equivalent of 12.99€ plus shipping costs.

All purchases are charged in the currency of your credit card.

Note: participants in workshops and master classes will receive a code for a complimentary copy of the book on Google Play.

How can I get feedback about my mindset?

You can gain invaluable feedback about your entrepreneurial mindset by using a free online Mindset Behaviour Assessment (MBA) tool. An MBA tool is designed to introduce the concept of the entrepreneurial mindset, stimulate self reflection and to help you make an initial consideration of actions related to your entrepreneurial behaviours. People from 30 countries in Asia, Australasia, Europe and South America have used one of the MBA tools. 

How can an MBA tool help me to improve? 

The MBA is an online tool that will prompt you to answer a series of short questions on screen. The questions do not have right or wrong answers. They are simply designed to help you to evaluate your entrepreneurial behaviours and to consider how you could improve. As you answer the questions your progress will be shown at the bottom of the screen. When you finish the last question you will immediately receive an email with a copy of all your evaluations and actions for improvement.

How are the MBA tools used by teams?

Firstly, each member of the team will be asked to undertake their own reflective practice by completing the MBA tool on their phone or laptop. Secondly, small group discussions can be used to stimulate deeper reflections on current practice and future actions. Finally, there is the option for each person to receive an anonymised list of all the ideas for improvement co-created by the team.

How do the Network's workshops support healthcare professionals?

The Entrepreneurial Mindset Network provides workshops designed to support the development of healthcare professionals and the delivery of organisational transformation. Workshop content is always tailored to an organisation's strategic goals and the participants' job functions. Use the contact details at the end of this page if you have any questions or want to discuss a bespoke workshop.

Can I gain a certificate and credential ID?

Workshop participants can add a  certificate of participation to a CV or LinkedIn profile. For example:

Credential ID: EMN-BARCELONA-121223: Introduction to the entrepreneurial mindset in healthcare. Certificates awarded to 48 participants from 13 countries.

For confirmation of the validity of certificates and credentials, please use the contact details at the end of this page.