Principles of Entrepreneurship and Innovation in Medicine – Dr Sanil Rege

Posted on: October 30, 2016
Last Updated: November 15, 2019

Dr. Sanil Rege talks about the key principles of Entrepreneurship and Innovation that have assisted him in setting up two economically sustainable businesses –, Australia and New Zealand’s leading Mental Health education company and Vita Healthcare – a boutique mental health clinic in Mount Eliza on the Mornington Peninsula.

Key Definitions:

  1. Entrepreneurship – Process by which an Entrepreneur shifts economic resources from areas of low productivity and yield to areas of higher productivity and yield
  2. Innovation – An act that endows resources with a new capacity to create wealth.
  3. Systematic Innovation – A Systematic examination of the areas of change that offer entrepreneurial opportunities.

Principles of Innovation (Drucker)

  1. Analyse Opportunities
  2. Go out to look- to ask -to listen
  3. Keep its simple
  4. Start small
  5. Aim for leadership

Principles for challenging the status quo for transformation

  1. Disrupt the rules but know your boundaries
  2. Combat risk aversion (does not mean taking too many risks)
  3. Persevere but know when to quit

Learn more

  1. Passing the Modified Essay (MEQ) and Critical Essay (CEQ) Exam- RANZCP- Dr. Sanil Rege
  2. Techniques to Prepare For the EMQ and Critical Analysis (MCQ) Problems – RANZCP Written Exam-Dr Sanil Rege
  3. Essential Mental Models for A Psychiatrist – The Art of Complex Problem Solving- Dr. Sanil Rege
  4. Observed Clinical Activity (OCA) and MEQ – Passing the RANZCP Exam- Dr. Sanil Rege
  5. How to Appraise a Systematic Review and Meta Analysis in Clinical Practice- Dr. Sanil Rege
  6. Psychiatric Formulation and Management- Tips and Techniques- Dr. Sanil Rege
  7. A Summary of 3 Important Autoimmune Neuropsychiatric Disorders for Psychiatrists – Dr. Sanil Rege
  8. The Power of Serendipity and Multidisciplinary Learning in Medicine – Solving a Complex Clinical Case- Dr. Rege
  9. Psychiatry Exams – What’s the Right Mindset?- Dr. Sanil Rege
  10. Psychiatry Trainee to Consultant Psychiatrist – Skills Breakdown- Dr. Sanil Rege
  11. From Psychiatry Trainee to Consultant Psychiatrist – Stages of Training for the RANZCP Exams- Dr. Sanil Rege
  12. What is Regression Analysis in Critical Appraisal? – Dr. Sanil Rege
  13. From Psychiatry Trainee to Consultant Psychiatrist- Dr.Sanil Rege
  14. Antiphospholipid Syndrome (APS) in Psychiatry – Neuropsychiatric Manifestations – Dr. Sanil Rege
  15. Neuroinflammation Simplified – The Link Between the Immune System and The Brain- Dr. Sanil Rege
  16. Pathogenesis and Diagnostic Indicators for Antiphospholipid Syndrome (APS) in Psychiatry-Dr Sanil Rege