Mohan Nair: an Inspirational Revolutionary

Apr 27 2007

Nair-Mohan-BW.png If you haven’t seen this man speak, you are missing an opportunity to be inspired. Mohan is dynamic, bright, no-nonsense, and demands for all of us to take action and creative positive change in the world. At Portland’s InnoTech eMarketing Summit, Mohan talked about the ingredients for success in business, e-business, healthcare, and human nature on an individual level. In his current role as Chief Marketing Officer for $7.8 billion healthcare giant, the Regence Group, he has a surprising amount of passion (to be expected from a startup founder, not a healthcare juggernaut). Perhaps, it’s because he now has the platform to radically change the largest industry in the country and make it truly transparent.

Here are a few notes I took from his keynote speech this week:

Problem: We’ve become too oriented around Data Obesity but Knowledge Starved.

Solution: The key is at the core of the company’s philosophy, the concept, the mission, but ultimately it’s about the CAUSE!


Great Company Example:
Apple: inspired, they listen, intuitive products and design, engaging, positive experience to everything about them.

You can have the same ingredients, but the whole company, culture, brand, story, has to be there:
1) Identify what differentiates you
2) Do it better than others
3) Be sincere about it

Other great company examples:
Les Schwab – running towards you with a smile. Sudden service. Great employee hires. Great training.
Nordstrom – Herioc customer service.
Southwest Airlines – they make it fun, but thier key is to get people who don’t want to fly to get on a plane and to their desitnation on time and budget.
Starbucks – profound desire to make sure everyone in the company will win together.

Missions are given; Causes are TAKEN.
Causes are what make companies really take off.

How does this apply to Regence and the healthcare industry?
Current system – is based on entitlement. You pay for other people who get sick often.
New system – you pay directly based on how healthy you are. Rewards you for wellness and health improvements.

Regence is taking tactical steps to address this:
1) Social networking within the site myregence.com
2) Regence members are co-creating the brand with the company.

You have to believe people are inherently good and trustworthy, which makes transparency work (e.g. eBay, Progressive Insurance, etc.)

Posted by Ryan Buchanan at 10:18 AM

Published in Online Marketing Events on Friday, April 27th, 2007    

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