Dr. Tim Raderstorf is the Chief Innovation Officer at The Ohio State University College of Nursing and The Head of Academic Entrepreneurship at the Erdős Institute. From TED talks to textbooks, Tim uses every platform he can find to empower those at the frontlines to change healthcare.
As the first nurse to hold the Chief Innovation Officer title in academia, he takes pride in educating the world on the role of the nurse as an innovator. He is the founder of the Innovation Studio, a maketspace that democratizes innovation, providing every interprofessional team that pitches their ideas with the funding, tools, and mentorship needed to turn ideas into actions. In addition to this work, Tim is an Assistant Professor of Clinical Practice in the Masters of Healthcare Innovation program at Ohio State.
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Throughout his career, Tim founded multiple businesses and was the first employee for a profitable healthcare startup. His new textbook co-authored with Bern Melnyk, Evidence-Based Leadership, Innovation and Entrepreneurship in Nursing and Healthcare: A Practical Guide for Success, was a #1 new release upon its debut in December 2019. His most recent awards include Early Career Innovator of the Year and Distinguished Recent Alumni at the Ohio State University, the Innovation Studio was named Non-Profit of the year by Columbus Business First in 2019, and he was most recently inducted into the 2020 Class of 40 under 40 by Columbus Business First.
Dr. Radersdorf’s Prescription for Success:
Number 1: Dangle your feet in the river of opportunity. Allow yourself to be exposed to anything and be willing to try new things.
Number 2: Practice patience and appreciate the character-building that comes with failure. You may not achieve your goals as quickly as you’d like, but remember, as you’re working towards them, you’re building character, you’re building leadership skills, and these are things that are going to set you up for even greater success.
Number 3: Get comfortable being uncomfortable: Growth and comfort cannot coexist. If you find yourself at a point where you’re comfortable, it may mean you’re not growing much. If you’re finding yourself incredibly uncomfortable, that may mean that you’re in the midst of an incredible growth spurt. So appreciate that as it’s occurring, and get comfortable being uncomfortable, because that will allow you to reach new heights.
Number 4: Your personal life successes maximize your professional life successes. Find a way to create harmony and maximize the success in your personal life, to feel that optimal success in your professional life.
Connect with Dr. Radersdorf:
Notable quotes from Dr. Raderdorf’s interview:
You’re not the problem; it’s the system.
So I said, you know, you’ve already invited me back for my next interview and when I come back, I’ll have a solution for you.
Never underestimated the importance of a conversation or the power of a pitch, because this one pitch changed my life forever.
I think that there’s going to be an exceptional amount of innovation that occurs due to the necessity that we’re that we’re into, that we’re facing right now.
(on changes brought by COVID19 pandemic) This innovation has a little bit of an addictive substance built within it. Once you start engaging in these behaviors, you recognize your human potential, and your ability to have impact beyond yourself…
But in terms of healthcare, nurses have been innovating since Florence Nightingale started the profession for us.
…the reason that we all got into healthcare was to improve other people’s lives and to have impact. In my eyes, the only way to have a broad impact in our current healthcare system is through commercialization.
…if you don’t give yourself the pathway and the permission to commercialize your research, you’re never going to have that broad impact that other commercial products are going to have on patients.
(Physicians), stop giving away your intellectual property to device companies. If they’re asking for it, then you say, “Sure, let’s sign a consulting agreement and we’ll talk about why I think you need to change this product.” Don’t give away your intellectual property just because someone’s asking for it.