Using AI in healthcare products - Tetiana Telenczak (Head of Product, Merck Group)
Oct 9, 2024
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In this engaging discussion, Tetiana Telensak, Head of Product for Data and AI at Merck Group, shares her expertise in blending AI with healthcare innovation. She elaborates on the complexities of developing a clinical trial analysis platform and offers insights on navigating AI trends within corporate strategy. Tetiana stresses the importance of communication between technical teams and executives, alongside best practices for product managers in the AI sector, such as regulatory compliance and talent acquisition.
The surge in AI interest has empowered product managers to secure resources and advocate for AI initiatives within healthcare organizations.
Understanding AI principles is crucial for executives to set appropriate expectations and support compliant AI product development in healthcare.
Deep dives
Leveraging AI Hype for Competitive Advantage
The conversation emphasizes the surge in interest around artificial intelligence (AI) within corporate leadership, which has created opportunities for product managers to advocate for AI initiatives. The urgency generated by the AI buzz has made it easier for product leads to secure attention and resources from senior management, who are now asking crucial questions about their readiness for AI integration. This newfound focus allows product managers to negotiate for additional resources, such as budget or personnel, which is essential for driving projects that make use of cutting-edge technologies. However, success requires a careful balance; while it is advantageous to say yes to AI proposal requests, it remains critical to ensure that the end products genuinely create value for users.
The Importance of AI Education for Leaders
It is vital for executives and managers to have a basic understanding of AI principles to appropriately set expectations and support AI development. This includes recognizing the difference between various AI methodologies, such as large language models compared to traditional machine learning. By possessing this foundational knowledge, managers can better understand the challenges faced by product teams and the resources required to implement AI solutions effectively. The conversation highlights the role of 'translators' in organizations—individuals who can bridge the gap between technical teams and business stakeholders to ensure everyone is aligned and informed.
Navigating Compliance and Data Challenges in AI Implementation
In healthcare, ensuring compliance with regulatory standards is paramount when transitioning from AI experimentation to production. The discussion pointed out that while AI holds the potential for transformative applications, it must be balanced with stringent data protection measures and adherence to laws governing personal information. Product managers are advised to work closely with data protection teams and stakeholders to establish safeguards that maintain user trust and meet compliance requirements. The conversation also exemplified the challenges of finding quality data and navigating regulatory landscapes, highlighting that these factors must be strategically approached to enable successful AI product development.
What happens when you blend the power of AI with the world of healthcare? Join us for our conversation with Tetiana Telensak, the Head of Product for Data and AI at Merck Group, who reveals how she uses AI to improve healthcare products.
Featured Links: Follow Tatiana on LinkedIn | Merck | 'Five things we learned at the #mtpcon + Pendomonium roadshow - Berlin 2024'feature by Louron Pratt
Our Hosts Lily Smith enjoys working as a consultant product manager with early-stage and growing startups and as a mentor to other product managers. She’s currently Chief Product Officer at BBC Maestro, and has spent 13 years in the tech industry working with startups in the SaaS and mobile space. She’s worked on a diverse range of products – leading the product teams through discovery, prototyping, testing and delivery. Lily also founded ProductTank Bristol and runs ProductCamp in Bristol and Bath.
Randy Silver is a Leadership & Product Coach and Consultant. He gets teams unstuck, helping you to supercharge your results. Randy's held interim CPO and Leadership roles at scale-ups and SMEs, advised start-ups, and been Head of Product at HSBC and Sainsbury’s. He participated in Silicon Valley Product Group’s Coaching the Coaches forum, and speaks frequently at conferences and events. You can join one of communities he runs for CPOs (CPO Circles), Product Managers (Product In the {A}ether) and Product Coaches. He’s the author of What Do We Do Now? A Product Manager’s Guide to Strategy in the Time of COVID-19. A recovering music journalist and editor, Randy also launched Amazon’s music stores in the US & UK.
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