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GE Overview GE Overview Financial Services NBC Industrial Systems Transportation Systems Consumer Products Specialty Materials Power Systems Plastics Aircraft Engines Medical Systems GE Global Research Globalization Technology Today Old methods too slow Technology solutions too complex for the old R&D process to work Industrial R&D 25 Years Ago… Shift in Project Management One Organization Can’t Do Everything… In order to move fast, be flexible and keep costs down, even GE needs partners R&D Partner Selection Process Before Multiple Generation Product Development DFSS Product Development Future CT – Volume CT Lung Screening Volumetric CT for Lung Cancer Screening Why Should NIH Change? The Formula for Change Change Acceleration Process GE Values Other HR Elements Next Steps… When and How to Form Teaming Relations NIH Objectives Basic Research Modify current system to foster teaming Improving healthcare in the short, medium and long term Need new processes and culture When and How to Form Teaming Relations What Will Be the Outcome? NIH Funding Leveraged to: Provide a big bang Overcome existing failures in the healthcare marketplace Change healthcare with improved technology and quality, reduced costs Shorten time to bring technology to market When and How to Form Teaming Relations Consistent with the Core Mission? Research & technology excellence Open selection and peer review processes Integrity Improvements in healthcare When and How to Form Teaming Relations Who Am I Looking to Attract? When to Use Industrial Partners Digital X-Ray Digital Coronary Artery Angiograph Digital Mammography Importance of Teaming When and How to Form Teaming Relations Are the Proper Mechanisms in Place? When and How to Form Teaming Relations Are the Right Incentives Established? When and How to Form Teaming Relations How Do I Know if I Succeeded? When and How to Form Teaming Relations How Will it Be Assessed in 5-10 Years? Don’t Reinvent the Wheel Talk to DARPA Talk to NIST Advance
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