start-ups vs big companies – the pros and cons
TRANSCRIPT
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Start-ups vs. Big CompaniesTalent Leaders Connect: Healthcare, Pharmaceutical & Life Sciences22nd September 2016
Dr Umang Patel
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My CV
Big CompanyNHS Paediatrician - Frimley Park NHS TrustNHS Leadership Fellow
Start-upbabylon health – Clinical Director
doctor2004, Southampton
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Why I became a doctor
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Why I became a doctor
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Why I became a doctor
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Story
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David (Small company) vs. Goliath (Big company)
– David
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Extending the metaphor
01 You need a “can-do” culture to tackle difficult problems
02 Small teams can still set the biggest goals
03 It is best not to limit people to their pre-defined roles
04 Motivating our teams is vital as they are our best “weapons”
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What motivates us*
Autonomy
The urge to direct our own lives
Mastery
The desire to get better and better at something that
matters
Purpose
The yearning to do what we do in the service of
something larger than ourselves
*Drive. Dan Pink
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Some thoughts
• No matter - small or big – it is mostly about people• There are motivating and non-motivating factors in both
• All small companies dream about being big• All big companies reminisce about being small (inc NHS!)
• I don’t think there is such a thing as the “perfect size”
• By bringing the right people together, in the right environment, with the right motivators – we might just change the World
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Thank [email protected]@UmangPatel1
www.babylonhealth.com@babylonhealth