“This experience was certainly meaningful to me and, I believe, also meaningful to the company, as we worked to determine the company’s overall direction and the rationale for it," explained Gallen.
“We’ve learned a lot over the past year, and through this experience, we got to apply it. When applying knowledge, you learn a lot that you hadn’t thought about before while learning from a textbook. This will be very helpful for the future,” said Urs von Holzen, MD, MBA’17, who is the director of thoracic oncology at the IU Health Goshen Center for Cancer Care.
It’s a course the physician MBAs say doesn’t begin without some trepidation.
“When I started the program, the second year students were doing this—taking a company, dissecting it, considering where they should go and making recommendations. I thought, ‘That sounds terrifying! Where do you even start?’” joked Gallen.
“But as time goes on,” he added, “you’re able to take this very general question and hone it down into a series of finer questions. You use the tools and methods you’ve learned, in order to discover answers, and then you’re able to take those answers and coalesce them into a larger picture to answer the original question.”
“The course culminated in a great deal of certainty about what I’ve learned and what I’ve gained from this program,” Gallen said. “I now think about problems in a better, more influential way. That is the most valuable part to me. Recognizing that individual classes and individual lessons and individual tools were more than individual parts. They were synergistic in allowing you to create a better process or make a better decision.”
The benefits of the Integrative Experience extend beyond the physician MBA students themselves. Both Helmer Scientific and Springbuk, local life sciences companies, received critical feedback.