How medical science is blending with business in the 21st century

In the business world, education is critical to success. You will be hard pressed to find a business leader today with anything less than a Bachelor’s degree and a greater number of Doctorate recipients entering the world of business and non-profit organizations. Even hard sciences such as medicine have much to offer both for-profit and Non-profit organizations in the 21st century.

While many research facilities are based around universities and are supported by tuition and grant payments, a greater number of private, non-profit research institutes are sprouting up outside of this academic world. These organizations often bring with them new ideas and efficiencies, boosting their productivity and keeping them relevant and competitive in the modern world.

One great example of this is D’Or Institute of Research and Education run by Jorge Moll. Having graduated with a doctorate in neurology in 1997, Jorge Moll has built up more than 20 years of experience in the field, which he now uses in his day to day non-profit activities (Agenciaoglobo).

 

Efficiency and Team Effort for a Successful Research Collaboration.

When interviewed, Jorge Moll had quite a bit to say about the difference between purely academic research and his work at the D’or Institute. Most notably, he emphasized the level of efficiency required to in order for the organization to stay viable. Rather than operating in a hand-to-mouth fashion like many grant seeking researchers, the Institute thrives on quick, consistent successes.

It is critical for the organization to operate as though it’s a business. This involves quickly moving on if an idea or concept simply isn’t panning out as expected. Much like how businesses are constantly  evolving to keep up with market trends, so must a successful research institute keep up with new information in their field so effort isn’t doubled over or wasted.

Another key difference Jorge Moll identified is the level of collaboration and transparency that occurs within the organization. While the peer-reviewed process is ultimately transparent, this information isn’t made available until an experiment concludes and the results are published. In some cases a researcher still needs to wait for journal approval before this information can be shared. Instead of this, researchers and colleagues at the institute share information on the fly, with a consistent level of knowledge sharing along the way.

While these aren’t all of the similarities, there is still a consistent theme of efficiency. Doing the most with the resources that you have is critical for any successful non-profit research institute, much like it would be for any business.

 

 

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