Dr Abdul Ghafur, Lead Strategist, QuorumVeda Consulting Services; Senior Consultant in Infectious Diseases, Apollo Hospital, Chennai emphasises that while hundreds of healthcare technology start-ups develop promising innovations, they require strategic guidance to position their creations within the broader healthcare landscape
India’s booming economy and thriving scientific and technological community in the healthcare field demand adaptability to disruptive technologies like Artificial Intelligence (AI). While hundreds of healthcare technology start-ups develop promising innovations, they require strategic guidance to position their creations within the broader healthcare landscape. This support necessitates a team of experts with deep understanding of India’s intricate healthcare system, encompassing human, animal, and food sectors. Such expertise, coupled with an understanding of global advancements, can be harnessed through a consortium model of collaborative consulting firms, originating in India, like QuorumVeda.
Harnessing diverse indigenous expertise: Navigating the complexities of India’s healthcare sector, including its interlinked aspects of human health, animal health, food safety, and agriculture, calls for a consortium of experts from various backgrounds. This collective knowledge comprises professionals in healthcare, technology, administration, media, policy-making, and highly qualified medical practitioners with experience in health policy making, innovation, or coordination. Their extensive experience empowers startups to position their innovations strategically and effectively within the multifaceted Indian healthcare landscape.
Supporting healthcare startups and institutions: India’s healthcare startups possess immense talent and revolutionary ideas. However, without timely support from the scientific and medical community, many struggle to make a significant impact. Collaborative consulting firms, like QuorumVeda, rooted in an indigenous approach, bridge this gap. By leveraging a consortium of experts who work on a project basis, these firms provide invaluable strategic guidance to startups. They navigate the complex healthcare ecosystem, improving positioning, and facilitating success. Furthermore, established institutions in the human, animal, food, and agricultural sectors can also benefit from this indigenous model, fostering growth and enhancing their strategic initiatives.
Collective knowledge for nation building: Supporting India’s healthcare and scientific community is a collective responsibility shared by professionals across diverse domains. By fostering collaboration among like-minded individuals, consulting firms play a vital role in building a collective knowledge base. The consortium model employed by firms such as QuorumVeda facilitates strategic planning and performance enhancement for healthcare institutions. This collaboration and knowledge-sharing help startups thrive, positioning India’s healthcare ecosystem on a path of progress and growth.
Overcoming financial challenges and enabling dreams: International consultancy firms often come with high costs, making their services unattainable for startups. Indigenous collaborative consulting firms, like QuorumVeda, present an alternative. With a consortium of freelance consultants who excel in their own areas of expertise, these firms offer project-based guidance to startups. By providing affordable access to expert advice and strategy, they empower Indian startups to dream big and succeed.
A call to action for an indigenous approach: To further bolster India’s healthcare sector, more indigenous collaborative consulting firms need to emerge. This call to action invites professionals across domains to come together and establish similar initiatives. By supporting startups and contributing to the nation-building process, these firms will drive scientific and economic growth while addressing the unique challenges of India’s healthcare landscape.
India’s healthcare sector, backed by a robust economy and a vibrant scientific community, requires strategic support and guidance. Indigenous collaborative consulting firms, utilising a consortium model, play a pivotal role in empowering healthcare startups and institutions. By harnessing the diverse expertise of professionals from various backgrounds, including highly qualified medical practitioners with experience in health policy making, innovation, or coordination, these firms position innovative ideas effectively within the healthcare landscape. Through affordable access to expert guidance, they enable startups to thrive and contribute to India’s health and wealth. As the nation embarks on a path of progress, the emergence of more indigenous consulting firms becomes paramount, ensuring a brighter future for India’s healthcare innovation