Ep #014: Dr. Naveen Agarwal

There’s No Such Thing as Zero Risk: A Conversation with Naveen Agarwal

Is there such a thing as a “good” risk?

According to Naveen Agarwal, absolutely.

And if the phrase makes your Regulatory or Quality brain twitch a little... well, that’s probably a good reason to listen. 😄

In this episode of Bluestock Talk, Allison sits down with Naveen, founder of Let’s Talk Risk, to talk about something we deal with constantly in MedTech but still manage to make really, really complicated: risk.

Naveen started Let’s Talk Risk because he noticed that people weren’t struggling from a lack of standards, webinars, or training. There’s plenty of that. What’s harder is figuring out how to actually use what we know when we have to make a real decision. His answer has been to get people talking, sharing experiences, and getting more comfortable with the judgment that risk management requires.

Because, as Naveen puts it: “A good risk is never zero risk.”

That launches Allison and Naveen into a conversation about good risk, bad risk, benefit-risk decisions, and why getting everything into the green box on a risk matrix doesn’t necessarily mean you’ve done your job.

They also get into one of Allison’s “red-flag” claims:

“Our device has zero risk!” 😬

Rather than immediately reaching for a standard and explaining why that’s wrong, Naveen suggests something much more human: get curious. Ask why someone believes so strongly in the device. Understand the excitement first. Then help translate it into language that FDA will understand.

A few things to take away:

- Zero risk isn’t the goal. Good judgement is.

- Risk management belongs to all of us, not just QA/RA folks.

- Benefit-risk changes as products, evidence, and alternatives evolve.

CHAPTERS

00:00 Meet Naveen

01:26 Why Let’s Talk Risk exists

05:09 Community, conversation & content

13:59 Why risk isn’t one-size-fits-all

20:03 “Our device has zero risk!”

24:17 Why Naveen isn’t writing a book

30:58 Write for one person

34:53 Unsubscribers, criticism & staying focused

47:35 AI hallucinations, bias & critical thinking

50:11 The MedTech that changed Naveen’s life

53:35 A future benefit-risk episode?

Naveen’s “Let’s Talk Risk!” podcast brings together MedTech leaders and practitioners for thoughtful conversations on the challenges that shape risk, quality, innovation, and leadership. Check it out on his YouTube channel at https://www.youtube.com/@NaveenAgarwalPhD, on Substack at https://naveenagarwalphd.substack.com/podcast, on Spotify at https://open.spotify.com/show/3lmY8rpFa2snQIJSBUaW0c, or via your other favorite platforms.

WATCH THIS EPISODE ON YOUR FAVORITE PLATFORM:

Amazon Music

Apple Podcasts

iHeartRadio

Spotify

YouTube

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Ep #013: Blythe Karow