The 2nd April, 2020, ‘JUMO Partner’ in cooperation with ‘French healthcare alliance in China’ and ‘MEDICEN Paris region’ have co - organized a webinar, to share the experiences of some local French healthcare actors in China about their useful practices facing the Covid- 19 crisis.
- How to communicate ?
- How to manage the treasury ?
- how to continue to innovate ?
In total, 58 members have participated to this webinar. The objective was to share these return on experiences from China, to help the healthcare companies in France to better overcome this crisis at a company level. Mr. Jerome Viallard from IPSEN (China), Mr. Fabrice Halm from Proteor (China) and Mr. Benoit Colinot from Business France (China) shared their perspectives . Some of the learning - exchanges are:
- COMMUNICATION: Innovation on internal communication
Organize daily calls for the full team.
Establishment of an internal radio, 3 slots per day with topics for the whole company (news employees have their say / experience roadshow). This will keep the link, and report sick people daily. Take digital coffee breaks, allows you to continue creating the link.
Flexibility about company daily work:
- Do not question the action plan for 2020. Do not give up projects.
- Opportunity to do substantive work and things that they do not have time to do in normal times and organizing training with hospitals. (also organized some digital congresses
- FINANCES:
During Chinese New Year, China is used to a slowdown of activity. So the impact was easier to digest regarding cash flow. SMEs are concerned by May and June regarding a potential International Cash Crisis. Ask the team to be more flexible regarding time. For example obligation to take leave: Ask employees to take 5 days leave now; then have them work at the weekend later in the year.
Regular cash flow forecast increase: do it weekly instead of monthly. Search for solutions to delay payment and collect money faster. Also look for special policies: China policy allows to free employer social charges and may provide some financial supports.
- INNOVATION:
The Chinese health system may change after the Covid-19 crisis, it is suggested to better prepare the ‘back to work’ moment, prioritize different received information to plan it. The changes can also be considered as opportunities. A strong raise of the internet hospital, this may lead to the evolution of the health market:
- Digital pharmacy on raise. (as well as remote diagnostic, and distribution)
- Put in place the remote monitoring of patients.
- Medical checks to be made remotely.
- Education and training by e - medical congresses.
About JUMO partners
Jumo Partners is an independent cross-border advisory firm. They support companies in opening new Healthcare Territories thanks to innovation management and digital transformation. They partner with European and Chinese companies in Healthcare, since 2012.
About French healthcare alliance in China
Established in 2013 during the official visit of the French President to China, the French Healthcare Alliance brings together (with the support of the French Embassy) 135 French healthcare companies active in China (including pharmaceuticals/biotech, medical technology and e-health companies, public/private hospitals, nursing home operators, architects, collective services and training providers, research institutes, etc.). The aims are to offer competitive and innovative products and services meeting the requirements and needs of the Chinese market and to develop value added medical, scientific, financial and commercial partnerships with local stakeholders (Chinese authorities at the national and local level, investors, hospitals, research institutes, etc.).
https://french-healthcare-alliance.com.cn/who-we-are
About MEDICEN
The Medicen pole federates a network of excellence in innovation on the Ile-de-France territory and at the national level. By bringing together private and public actors around the challenges of innovation to develop the therapeutic solutions of tomorrow, Medicen is the trusted third party in the sector, serving the development and the success of projects.