Strategic Cost Management: Vanderbilt s Transformation Journey
|
|
- Janel Lee
- 6 years ago
- Views:
Transcription
1 Performance Improvement Series AMGA Member Best Practices Strategic Cost Management: Vanderbilt s Transformation Journey David R. Posch, MS, Chief Executive Officer, Vanderbilt Medical Group Webinar, October 2, 2014
2 In an integrated organization operating under a single tax ID like Vanderbilt Medical Group, changes to one revenue line affect the entire medical center and recent times have been rife with rapid changes. Budget deficits, sequestration, the Affordable Care Act, and the lack of Medicaid and a state exchange in Tennessee have affected reimbursements and income. Meanwhile, aging demographics are resulting in a nearly one percentage point shift from commercial payers to exchanges, year after year. Even though volumes have remained strong, the combination of all of these factors resulted in a total decrease of $200 million to $250 million coming into the organization. Like other medical groups in the region, Vanderbilt needed to reduce its expenses significantly in this case, by 8.5 percent. We The changes in health care are fundamental and really different. (We had to) manage to a stronger value proposition than we ve ever had to do. David R. Posch, MS, Chief Executive Officer, Vanderbilt Medical Group needed to take immediate action, Posch said. Assembling Teams and a Leadership Structure The effort came together quickly: It launched in spring 2013 and was planned for implementation in fiscal year In addition, Posch said, From a change management perspective and an economic and cultural point of view, we felt we should move quickly. Speed proved fortuitous. Vanderbilt initially pegged necessary reductions at $100 million to $120 million before realizing that this figure would end up being closer to $200 million to $250 million. Given the initiative s magnitude, the first action was to align leadership support. Posch and Dr. John Manning, who oversees the organization s overhead and its academic enterprise, assembled a fulltime team for the initiative and asked others to take members places in their day jobs. Representation was broad, including the strategy office, medical center and academic administration, quality, systems engineering, HR and EEO, finance, IT and informatics, and nursing. We needed to have a group of people who could be 100 percent dedicated to this, Posch said. To help the group focus, Vanderbilt set up a separate office for the team. It gave us the bandwidth to really act with the speed we wanted and be thoughtful throughout the process. 2
3 AN INTERNAL, CROSS-FUNCTIONAL TEAM Several guiding principles were reinforced for all VUMC leaders to ensure we preserved our culture At VUMC, faculty are leaders in all that we do Mission Our commitment to education, research, and patients is top priority Restructure work in a manner that improves our effectiveness, impact, quality and safety In service to patients, deliver on our Promise and do no harm Guiding Pr es Principles Display enthusiasm, respect and empathy Work for good of the whole, versus ourselves or our own operating units Role Model Trust Communicate effectively and frequently Be honest and transparent Maintain confidentiality Articulate decisions in a manner that displays integrity and fairness Accept ownership and accountability in public dialogue Vanderbilt supported the team with a carefully in the market, and assisted with benchmarking considered leadership structure, realizing, in particularly of overhead functions. Here, McKinsey Posch s words, that we really needed to think helped Vanderbilt look beyond the supply chain differently about how we governed ourselves and for opportunities in larger-overhead areas such made decisions. This involved suspending several as marketing, IT, and HR. Clinical operations of the organization s more traditional governance remained under internal management. That s and decision-making structures in favor of a the core of our business, and we needed to take classic program management office (PMO) 100 percent ownership of whatever we do there, approach and using PMO techniques to define Posch said. responsible parties, accountable parties, and rules for informing and consulting with other parties. Cutting Costs While Maintaining Principles To validate internal numbers and goals, Vanderbilt The initiative s guiding principle was to reach brought in external assistance. McKinsey its goals while preserving Vanderbilt s core Consulting confirmed that the size of the planned capabilities and culture. We were going to reduction was appropriate, given economic trends 3
4 restructure our work in a manner that would training and presented a stretch goal: If you were improve it, Posch said, and deliver on our promise to try to create your end products with 25 percent not to do any harm, which is a written patient less resources, what would you do? We had to promise at Vanderbilt. make changes that would not diminish quality, Posch said. This involved transparent, honest, and frequent communication about the initiative income Unit leaders also worked with HR to rank statements and the approach, for example individuals based on past performance, through channels that included twice-weekly disciplinary records, and special skills, with years written communications. Although individuals of service as a final default criteria. Meanwhile, confidentiality was stressed and maintained, the the PMO solicited additional ideas to answer this organization as a whole recognized the need to question. Those determined to be low risk would articulate the decisions it was making and show be immediately implemented, with high-risk ideas its commitment to fairness. Role modeling by eliminated and medium-risk ideas adapted with a leadership played a big part in this. We needed mitigation plan to ensure accountability. to show enthusiasm and empathy, Posch said, In a day-long retreat, 100 leaders from across to take ownership and accountability for the the organization met to review the ideas, which process. were posted on a board so that concerns could The process itself was grounded in activity value be visually attached to it. This process gave analysis. The PMO and department managers people who were using or purchasing a unit, worked together to define work units that would such as pharmaceutical services, an opportunity be affected by staffing decisions. Much of this to comment and organized feedback for the followed, but was not bound by, the chart of PMO. According to Posch, a number of ideas accounts. Teams were encouraged to construct were kicked back to submitters because these unit definitions based on actual job functions, and suggestions failed to identify risk and lacked a Vanderbilt ended up with 450 units, which were mitigation plan. You just can t throw FTEs in the subdivided by job code. pot and say we ll figure it out later. The PMO equipped unit leaders with tools to Finally, every proposed change was reviewed by identify all jobs and work by mission, activity, and EEO, affirmative action, and disability services end product, then map the people in the unit to specialists as well as Vanderbilt s legal and risk their actual work products and activities. The PMO management teams, with penalty flags assigned also conducted quick organization-wide Lean to anything that needed to be discussed or 4
5 amended due to potential harm to patients or plans, separation pay, and ongoing payments for workforce principles weeks of outplacement assistance took place September We knew we needed to Results So Far take our actions as early as possible in the fiscal Swift strategic planning and timely year to get savings results later in the year, Posch implementation resulted in a positive year-end for said. Vanderbilt s fiscal year In the area of nonlabor reductions, an immediate Vanderbilt ended up identifying $120 million savings of $34 million and an additional $34 (1,500 FTEs) in labor reductions. Many of the million deferred to fiscal year 2014 came from activities to implement these reductions HR the supply chain specifically standardization of REDUCTION EFFORT, THOUGH STRENUOUS, WAS SUCCESSFUL Reduction effort, though strenuous, was successful Gap to Target Planned, Unmet Target Stretch Target ($ Million) Non-Labor September Reduction October Reduction December Reduction January Reduction 5 Feb June Commitments Gap FY 2015 Savings Target
6 personal preference items, retail pharmacy, and, said that the efforts had pushed Vanderbilt to with the assistance of Deloitte, revenue cycle sustainable benchmarks and that future efforts improvement. will focus on ongoing work to improve the organization, such as cutting back on the cross- Overall, the initiative resulted in $180 million subsidization between Vanderbilt s academic and identified and implemented changes, with the clinical centers. bulk of implementation in fiscal year 2013 and the full run rate effect felt in The initiative also added new organizational capabilities to Vanderbilt among them, the idea We were able to manage the income statement of a PMO and PMO techniques that accomplish so we could make a little over $50 million and not large-scale change quickly without violating go into the red, Posch said. And we came into stakeholder wishes. this year with $70 million more of work to do. He From the Audience Q: Has this process adversely affected market position with payers and patients? A: Posch said that payers have been publically lauding what Vanderbilt has done and citing it as an example of what is possible in healthcare organizations. Meanwhile, patient satisfaction scores, measured through PRC quarterly rollups of data, had a non-stat dip but returned to where they were: Fives (the highest ranking) across the board from 75 percent to 80 percent of patients. Vanderbilt also conducts spot surveys of patient preference against major competitors. The organization remains the overall highest ranked, and some services rankings have even strengthened over time. Q: With leaders responsible for reduction ideas, how were they able to make recommendations for reducing leadership roles? A: Posch explained that the process was highly participatory, with the people who were affected including a fair number of higher-level middle managers all given the opportunity to go back into service. Those who chose to do so were given outplacement packages. As for job cuts, we openly talked about it, Posch said, and the people who were affected were not surprised at all. They knew we made the right decisions when all was said and done. 6
7 Q: Did the span of control and number of management layers change? A: As Vanderbilt reduced layers of management, which ranged from one to a couple according to Posch, authority levels were improved and the span of responsibility was increased. The organization also invested significant time in creating dashboards for oversight of performance and committed resources to management development and training. Q: Did Vanderbilt eliminate the governance elements that had been put on hold, or did some come back? A: Group meetings were sustained, with some governance structures being converted into consultative groups. The main changes were in the rules of decision-making. Now, as Vanderbilt stands up various programs, decision rights are clarified at the beginning with executives who are being given these rights. Q: How many Vanderbilt employees lost their jobs and was there any negative press? A: Approximately 500 people were laid off. The majority of the 1,500 total FTE positions that Vanderbilt eliminated were cut through early retirement, attrition, and manpower control. Posch said that Vanderbilt did experience some negative press because some of the impacted people were vocal about the situation and, with Vanderbilt s being the biggest employer in Tennessee after the state itself, the press was closely following what was going on. Because of our choice to be transparent, the press was picking up on this and running with it. They tried to put a spin on it sometimes that something was nefarious, and we had to counteract that. In such a situation, you need to have communication specialists, Posch said, and be careful not to let others define you. Q: How is staff morale holding up? A: It s difficult, Posch said. Right at the peak of the restructuring, Vanderbilt conducted a community survey, which generated over 60 percent participation. It asked questions like: Do you believe in the direction Vanderbilt is going? Do you understand what senior leaders are trying to do? Some survey results said that employees trusted their front-line manager but questioned cuts from upper management. While we were transparent, we talked more about economics than about our core mission, Posch said. Now we re trying to connect these dots a bit better. Now in the recovery phase, it s about us engaging a lot more with front-line managers and employees about what we re doing and why we re doing it. 7
8 One Prince Street Alexandria, VA amga.org
Vanderbilt s Transformation Journey
Vanderbilt s Transformation Journey David R. Posch, MS CEO Vanderbilt Hospital and Clinics Executive Director, Vanderbilt Medical Group August 14, 2014 Vanderbilt s Transformation Journey: Challenges:
More informationVUMC experience with streamlining and cost cutting
VUMC experience with streamlining and cost cutting Ed Marx Vanderbilt University Medical Center AMGA 2016 Annual Conference March 11, 2016 History of VUMC s streamlining and cost-cutting initiative It
More informationPERFORMANCE MANAGEMENT ROADMAP
PERFORMANCE MANAGEMENT ROADMAP Building a high-performance culture PERFORMANCE MANAGEMENT ROADMAP a The Partnership for Public Service is a nonpartisan, nonprofit organization that works to revitalize
More informationHow to Select, Align, Develop, and Retain Highly-Engaged People in Healthcare
How to Select, Align, Develop, and Retain Highly-Engaged People in Healthcare INTRODUCTION A PATIENT-CENTERED WORKFORCE A Patient-Centered Workforce is made of highly-engaged people and teams who endeavor
More informationManagers at Bryant University
The Character of Success for Managers at Bryant University Interviewing Guide (Revised 8/25/04) Career Strategies, Inc. Boston, MA A New Approach to Interviewing for Managers at Bryant University An interviewer
More informationHow to Start a Clinical Optimization Program
WHITE PAPER How to Start a Clinical Optimization Program Amitav Hajra Director, Inpatient Services Hayes Management Consulting Background Electronic medical record (EMR) implementations have skyrocketed.
More informationTHE HR GUIDE TO IDENTIFYING HIGH-POTENTIALS
THE HR GUIDE TO IDENTIFYING HIGH-POTENTIALS What makes a high-potential? Quite possibly not what you think. The HR Guide to Identifying High-Potentials 1 If you agree people are your most valuable asset
More informationTransition based forecasting: forecasting that focuses in tracking internal change instituted by the organization s managers.
Chapter 6 The Forecasting Process HR forecasting: the heart of the HR planning process, can be defined as ascertaining the net requirement for personnel by determining the demand for and supply of human
More informationPutting Workforce Analytics to Work: Achieving Objectives and Realizing Outcomes
Putting Workforce Analytics to Work: Achieving Objectives and Realizing Outcomes Workforce analytics turns people and business data into actionable intelligence. If you re in HR, you ve no doubt noticed
More informationSession 9 Building an Enterprise Analytics Organization. Joseph M. Dudas Division Chair, Enterprise Analytics Mayo Clinic
Session 9 Building an Enterprise Analytics Organization Joseph M. Dudas Division Chair, Enterprise Analytics Mayo Clinic Learning Objectives Understand the phases of building an enterprise-wide analytics
More informationHenry Ford Health System s Baldrige Journey: Driving Accountability for Excellence. June 25, Kathy Oswald Chief Human Resources Officer
Henry Ford Health System s Baldrige Journey: Driving Accountability for Excellence June 25, 2012 Kathy Oswald Chief Human Resources Officer Henry Ford Health System Core Services: Four acute med/surg and
More informationOptimization: The Next Frontier
Optimization: The Next Frontier A White Paper Impact Advisors LLC January 2015 400 E. Diehl Road Suite 190 Naperville IL 60563 1 800 680 7570 Impact Advisors.com Table of Contents Introduction... 3 Optimization
More informationSecurity s Role in Corporate Social Responsibility
Security s Role in Corporate Social Responsibility Greg Kane Originally Published in Security Magazine Last Updated December 2016 Security s Role in Corporate Social Responsibility Created by Greg Kane,
More informationGet Exactly What You Want from Your Next Contract
Payment Integrity Compass Get Exactly What You Want from Your Next Contract Your Payer Negotiations Toolkit In this toolkit, you will learn: Best practice internal communication strategies How to organize
More informationWhat Is Coaching? Overview Guiding Church Leaders
What Is Coaching? Overview Guiding Church Leaders With all the costs involved in a new software subscription for your church, why would you even consider adding one more thing implementation coaching?
More informationHPOG. Employer Engagement
HPOG Employer Engagement The Dream Pitch The Dream The Dream Partnership Overview How and why you want to connect early with healthcare employers to engage them in your programs How to find employers (specifically
More informationAt This Education Nonprofit, A Is for Analytics Social services agencies are turning to data to find the practices that get the best results.
At This Education Nonprofit, A Is for Analytics Social services agencies are turning to data to find the practices that get the best results. Big Idea: Data & Analytics Interview June 30, 2015 Reading
More informationIt s Not About Employee Satisfaction! The Do s and Don ts of Conducting an Employee Engagement Survey By Bob Kelleher
It s Not About Employee Satisfaction! The Do s and Don ts of Conducting an Employee Engagement Survey By Bob Kelleher I usually hear a few gasps in audience when I announce, I do not care about satisfying
More informationPartnership Assessment Tool for Health
Partnership Tool for Health Welcome to the Partnership Tool for Health (PATH). This resource is intended for community-based organizations (CBOs) that provide human services and healthcare organizations
More informationHealth Policy Newsletter
Health Policy Newsletter Volume 15 Number 2 June, 2002 Article 9 The Jefferson Health System Expense Management Engagement Scott Orzell* * Cap Gemini Ernst & Young Copyright 2002 by the author. Health
More informationAgenda. How the strategy was developed. Update from your feedback in the first Informal Consultation. Implementation plan and progress so far
People Strategy Agenda How the strategy was developed Update from your feedback in the first Informal Consultation Implementation plan and progress so far How we developed the People Strategy Views from
More informationThe Pay Paradox: The missing link in sales compensation Strategic sales compensation survey
The Pay Paradox: The missing link in sales compensation 2013 Strategic sales compensation survey The Pay Paradox the Missing Link in sales compensation Overview After several distressing years, the global
More informationTrends in Performance Management & Compensation. Jeremy Spake, Principal Compensation Consultant
Trends in Performance Management & Compensation Jeremy Spake, Principal Compensation Consultant Current Workforce Trends Culture, engagement and retention top issues for businesses this is not an HR problem
More informationPublic Service Secretariat Business Plan
Public Service Secretariat 2008-11 Business Plan Message from the Minister The Public Service Secretariat is a Category 2 entity that provides leadership in the area of strategic human resource management.
More informationHOW TO WRITE A WINNING PROPOSAL
HOW TO WRITE A WINNING PROPOSAL WHAT IS A PROPOSAL? A proposal is a picture of a project, it is NOT the project. In that sense, it is based on your project plan but may be quite different from the Project
More informationMGMT 655: Survey of Management
MGMT 655: Survey of Management FINAL PAPER: PAUL LEVY Ivan Alexander Estela Gonzalez Soo Jeoung Han Scott Morgan Avinash Naganathan Eric Puls Qian Shao 1. Introduction This paper provides an analysis on
More informationA Performance Scorecard for Parks and Recreation
A Performance Scorecard for Parks and Recreation By John Rainey and Donald L. Jones, PhD arks and Recreation agencies P play an important role in the quality of lives of the communities they serve. In
More informationBCG Retail Banking Benchmarking, U.S. Bank S.T.A.R.T. Example. March 14, 2012
BCG Retail Banking Benchmarking, U.S. Bank S.T.A.R.T. Example March 14, 2012 Almost one-half of the 40 largest banks participated Over $14 Trillion in assets, 400 M customers, 50K branches Note: Largest
More informationWorkflow Planning/Implementation and Change Management. Presented By: Michelle Schneider Senior Solutions Engineer Iatric Systems
Workflow Planning/Implementation and Change Management Presented By: Michelle Schneider Senior Solutions Engineer Iatric Systems November 1, 2016 Agenda Human Behavior Organizational Behavior Outcomes
More informationThe New Marketing Metrics for B2B. Measurements that really matter to the success of your business
The New Marketing Metrics for B2B Measurements that really matter to the success of your business Table of Contents Introduction Step 1: Analyze Your Customer s Buying Process Step 2: Identify Your Marketing
More informationImplementing Category Management for Common Goods and Services
Implementing Category Management for Common Goods and Services Darbi Dillon Office of Federal Procurement Policy 1800 G Street NW, Washington DC 20006 Audit Tax Advisory Grant Thornton LLP 333 John Carlyle
More information5 TIPS. for Live Chat Supervisor and Admin Success. Best Practices for Supervisors and Admins
5 TIPS for Live Chat Supervisor and Admin Success Best Practices for Supervisors and Admins INTRODUCTION For contact center agents, delivering an average customer experience can be a challenge, let alone
More informationProgram Management Office Effectiveness. The Key to Leading Reform Success. Meeting the Requirements of OMB Memorandum M-17-22
Program Management Office Effectiveness The Key to Leading Reform Success Meeting the Requirements of OMB Memorandum M-17-22 September 2017 This page left intentionally blank. Program Management Office
More informationResearch Shared Services:
Research Shared Services: A Case Study in Implementation November 19 th, 2015 YOUR MISSION OUR SOLUTIONS Huron Consulting Group Inc. All Rights Reserved. Huron is a management consulting firm and not a
More informationWorking Capital Management:
WHITE PAPER Working Capital Management: The Missing Link in Payables and P2P Extend P2P automation to improve management of working capital and business performance While automation is widely adopted across
More informationCreating A New Compact. Jonkoping, Sweden May Gary S. Kaplan, MD, Chairman and CEO Virginia Mason Medical Center Seattle, Washington
Creating A New Compact Jonkoping, Sweden May 2013 Gary S. Kaplan, MD, Chairman and CEO Virginia Mason Medical Center Seattle, Washington Copyright 2012 Virginia Mason Medical Center. All Rights Reserved.
More informationA Counter-Intuitive Downturn Strategy (1144) Anders Dahlvig. Group President & CEO Ikea Services
A Counter-Intuitive Downturn Strategy (1144) When I started as CEO in 1999, we were in the middle of a peak in the economy. This was in the middle of the IT boom, 1999 to 2001. IKEA was doing tremendously
More informationHealthcare s New Change-Maker: The CFO
The role of hospital chief financial officer has changed dramatically over the last 50 years. No longer simply responsible for managing the hospital s finances, today s CFO is a change agent, an indispensable
More informationSo cooperation between diversified consultants from different backgrounds directly affect our whole life.
Engage is simply a partner not just a consultant, we position ourselves with our clients as partners who will assist to the max. Engage Team came from a strong consultancy experience in the Middle East
More informationCreative Sustainability (Part II)
Featured Speakers: Katherine Dyer, MPA Health IT Specialist, National HIE Strategy, CMS Polly Mullins-Bentley State HIE Coordinator, Kentucky Health Information Exchange SUMMARY: In this informal and engaging
More informationThe Value of Employee Engagement. A Guide to Discovering the Business Impact of High-Engagement Employees
A Guide to Discovering the Business Impact of High-Engagement Employees Introduction Today s business leaders are faced with many challenges brought on by recent economic, technological, demographic, and
More informationCASE STUDY. Succession Planning at Momentum. Presented By: Lynne Fisher, Senior Manager, ExitSMART, MNP
CASE STUDY Succession Planning at Momentum Presented By: Lynne Fisher, Senior Manager, ExitSMART, MNP Special thanks to Momentum contributors: Walter Hossli, Founding Executive Director and Director Emeritus,
More informationBuilding a Strategic Vision for Your Employed Physician Network
Building a Strategic Vision for Your Employed Physician Network June 22, 2017 1 Dr. McWilliams - BIO Terrence R. McWilliams, MD, MSJ, FAAFP Chief Clinical Consultant tmcwilliams@hsgadvisors.com (502) 614-4292
More informationBetter all the time: Continuous improvement in IT
58 Better all the time: Continuous improvement in IT By reorganizing its IT function and applying lean IT principles, the Netherlands largest public-sector agency has drastically improved its performance
More informationQuality Management System Guidance. ISO 9001:2015 Clause-by-clause Interpretation
Quality Management System Guidance ISO 9001:2015 Clause-by-clause Interpretation Table of Contents 1 INTRODUCTION... 4 1.1 IMPLEMENTATION & DEVELOPMENT... 5 1.2 MANAGING THE CHANGE... 5 1.3 TOP MANAGEMENT
More informationAMPLIFYING EMPLOYEE ENGAGEMENT & PRODUCTIVITY
AMPLIFYING EMPLOYEE ENGAGEMENT & PRODUCTIVITY Your guide to proven strategies that help energize your staff and build an engaged, productive workforce TM Amplifying Employee Engagement & Productivity 1
More information7 TIPS TO SUPER-CHARGE CORNERSTONE
7 TIPS TO SUPER-CHARGE CORNERSTONE You have great talent. You have a great platform. How can you go even further? GOALS DEVELOPMENT PLANNING TRAINING CREATIVITY VISION LEARNING www.tribridge.com/hcm hcm@tribridge.com
More informationStrategy at Work. A strong connection. DIRECTV raises the bar on employee engagement
Strategy at Work A strong connection DIRECTV raises the bar on employee engagement Carlos Botero, vice president of human resources, DIRECTV 2 willistowerswatson.com A strong connection DIRECTV raises
More informationAdvisor Industry Insights From Morningstar. 10 Tips for Advisors on Acing Client Check-Ins
Advisor Industry Insights From Morningstar 10 Tips for Advisors on Acing Client Check-Ins What You ll Learn How synchronized reporting can make your client service operation run like clockwork Why giving
More informationProsci Best Practices in Change Management, 2016 Edition
1000 500 0 Prosci Webinar: New areas of research Prosci Best Practices in Change Management, 2016 Edition New areas of research 1 Prosci Research Foundation 9 studies 17 years 4500 participants What works?
More informationEngagement Champions. Supporting IUH Team Member Engagement Survey 5/5/17
Engagement Champions Supporting IUH Team Member Engagement Survey 5/5/17 1 Did you know? ENGAGED EMPLOYEES ARE Willing to go above and beyond, exerting additional effort Energetic and enthusiastic Loyal
More informationA Roadmap to Success: Five Guiding Principles to Incentive Compensation Planning. KMK Consulting, Inc.
A Roadmap to Success: Five Guiding Principles to Incentive Compensation Planning KMK Consulting, Inc. Driving informed business decisions with data services and business intelligence solutions There are
More informationNHRMA Conference - September 27, 2017
NHRMA Conference - September 27, 2017 Presented by Cindy O Neal, MS, SPHR, SHRM-SCP Sr. Director of Human Resources The Center - Orthopedic and Neurosurgical Care Which item would help you to help your
More informationCase study. Redundancy training: Acas trains Vodafone employees to aid effective consultation over redundancies, in a recessionary climate.
Case study Redundancy training: Acas trains Vodafone employees to aid effective consultation over redundancies, in a recessionary climate. This case study explores how Acas training helped an international
More informationANNUAL REVIEW GUIDE. Nail Your Performance Appraisal in Six Hours
ANNUAL REVIEW GUIDE Nail Your Performance Appraisal in Six Hours Chances are your performance review is underway or coming up soon. There s still time to make the most of it and position yourself for success
More informationPeak Teams: An Innovative Model for High-Performing Teams
Industry Focus. Powerful Results ṬM FMI QUARTERLY ISSUE FOUR 2017 Peak Teams: An Innovative Model for High-Performing Teams By Matt Kennedy and Rusty Sherwood How to make the connection between exceptional
More informationForeword. Introduction. Chapter 1 The Business Analytics Model...1
Contents Foreword Introduction ix xi What Does BA Mean? Information Systems Not Technical Solutions Purpose and Audience xvi Organization of Chapters xix Why the Term Business Analytics? xx xiv Chapter
More informationMarketing Automation: One Step at a Time
Marketing Automation: One Step at a Time 345 Millwood Road Chappaqua, NY 10514 www.raabassociatesinc.com Imagine a wall. Your small business is on one side. A pot of gold is on the other. The gold is the
More informationAre Private Health care
Are Private Health care Exchanges in Your Future? As the Affordable Care Act (ACA) inches closer to full implementation, employers have more to think about than ever before. In addition to changes in benefits
More informationHow I Use Khorus to Run My Company JOEL TRAMMELL, CEO, KHORUS SOFTWARE
How I Use Khorus to Run My Company JOEL TRAMMELL, CEO, KHORUS SOFTWARE INTRODUCTION Software Built for the CEO Take a second to imagine a modern finance department that operates without accounting software.
More informationBlueDirect BlueCross Blue Shield of Florida
BlueDirect BlueCross Blue Shield of Florida Making Best Practices Benchmarking a Transformational Tool The Challenge "So where do I go from here?" Jackie Coffey asked herself. She had just been named Director
More informationMoving Organizational Performance Through highmiddlelow Conversations
Moving Organizational Performance Through highmiddlelow Conversations Pam Bradshaw, RN VP of Nursing/Clinical Services Kristi Faulkner, PHR Director of Human Resources United Regional, Wichita Falls, TX
More informationChapter 12: Human Resources System
Chapter 12: Human Resources System Teaching Goals The chapter offers an opportunity to review the philosophy of human resources management that prevails in high-performing healthcare organizations (HCOs)
More informationA High-Touch Approach to Improving Patient Access. Using field support to navigate reimbursement challenges
A High-Touch Approach to Improving Patient Access Using field support to navigate reimbursement challenges For the brand and reimbursement teams who must develop commercial strategies for the biopharmaceutical
More informationImproving Performance Through Execution of Strategy William Bellenfant and Matt J. Nelson
Introduction Improving Performance Through Execution of Strategy William Bellenfant and Matt J. Nelson The world we live in is changing rapidly and is creating many opportunities for the healthcare leaders
More informationImplementing an Employee Engagement Programme
Implementing an Employee Engagement Programme A People & Culture White Paper Introduction Over the last decade, employers focus has moved away from employees who are satisfied with their working conditions,
More informationTHE BODY OF KNOWLEDGE FOR MEDICAL PRACTICE MANAGEMENT
THE BODY OF KNOWLEDGE FOR MEDICAL PRACTICE MANAGEMENT OVERVIEW & PERFORMANCE OBJECTIVES THE BODY OF KNOWLEDGE FOR MEDICAL PRACTICE MANAGEMENT 3RD EDITION TABLE OF CONTENTS About the Body of Knowledge..................................................3
More information5 Conversation Pillars for Employee Success
Whitepaper 5 Conversation Pillars for Employee Success Supporting the Modern Performance Development Process What is Performance Development? 6% Only of organizations believe their current process for
More informationOptimizing the Impact of the Medical Affairs Function
Optimizing the Impact of the Medical Affairs Function Tim Dietlin, Vice President, Medical Affairs Practice Keith Morris, Practice Executive, Medical Affairs Practice Introduction The Medical Affairs function
More informationTHE BODY OF KNOWLEDGE FOR MEDICAL PRACTICE MANAGEMENT A FRAMEWORK FOR SUCCESS
THE BODY OF KNOWLEDGE FOR MEDICAL PRACTICE MANAGEMENT A FRAMEWORK FOR SUCCESS It s a direct reference to what we do on a daily basis, of what you need to know... Professionals demonstrate that knowledge
More informationAgenda. Enterprise Risk Management Defined. The Intersection of Enterprise-wide Risk Management (ERM) and Business Continuity Management (BCM)
The Intersection of Enterprise-wide Risk (ERM) and Business Continuity (BCM) Marc Dominus 2005 Protiviti Inc. EOE Agenda Terminology and Process Introductions ERM Process Overview BCM Process Overview
More informationDOING BUSINESS WITH RAYTHEON
SUPPLIER GUIDE DOING BUSINESS WITH RAYTHEON One team accomplishing a global mission 1 I SUPPLIER GUIDE I IT S A WHOLE NEW WORLD IT S A WHOLE NEW WORLD One global team creating trusted, innovative solutions
More informationTrinity ConTRact: Cornerstone Projects in Contracting Strategy
Trinity ConTRact: Cornerstone Projects in Contracting Strategy With mounting external pressures limiting access and tightening reimbursement, effective contracting is critical to the commercial success
More informationSAS ANALYTICS AND OPEN SOURCE
GUIDEBOOK SAS ANALYTICS AND OPEN SOURCE April 2014 2014 Nucleus Research, Inc. Reproduction in whole or in part without written permission is prohibited. THE BOTTOM LINE Many organizations balance open
More informationBakersfield College Program Review Annual Update 2017
Program Name: Human Resources Bakersfield College Program Review Annual Update 2017 Program Type: Instructional Student Affairs Administrative Service Other Bakersfield College Mission: Bakersfield College
More informationEnhanced Employee Health, Well-Being, and Engagement through Dependent Care Supports
Enhanced Employee Health, Well-Being, and Engagement through Dependent Care Supports Webinar Question & Answer Session Transcript June 23, 2010 Dave Lissy, Chief Executive Officer, Bright Horizons Family
More informationValue Creation through Information Management. A Benefits Realisation Initiative
Value Creation through Information Management A Table of Contents Executive Summary... 2 Introduction... 3 1.1 Study Purpose & Background... 3 1.2 Study Objectives... 3 1.3 Methodology... 3 1.4 Respondent
More informationCASE STUDY. City of Tucson implemented the Spikes Cavell Observatory to deliver improved spend and contract visibility.
CASE STUDY City of Tucson, AZ City of Tucson implemented the Spikes Cavell Observatory to deliver improved spend and contract visibility. We talked to Marcheta Gillespie, Interim Director of Procurement,
More informationThe Ultimate Guide to Performance Check-Ins
The Ultimate Guide to Performance Check-Ins The Ultimate Guide to Performance Check-Ins January 2017 1 Table of Contents 03 Introduction 03 Definition of the Performance Check-In 04 05 Rise of Check- Ins
More informationRESEARCH REPORT. Includes complete survey data. Project Management Maturity & Value Benchmark
RESEARCH REPORT Includes complete survey data Project Management Maturity & Value Benchmark 2014 2 Project Management Maturity & Value Benchmark 2014 Introduction PM Solutions Research first surveyed organizations
More informationRoot Strategic Change Process
Solution Sheet Root Strategic Change Process As an organization begins the process of undergoing change, it s important to look at all of the pieces of the puzzle and how they fit into the big picture.
More informationCore Values and Concepts
Core Values and Concepts These beliefs and behaviors are embedded in highperforming organizations. They are the foundation for integrating key performance and operational requirements within a results-oriented
More informationPerformance Management Behaviors that Matter
2011 Performance Management Behaviors that Matter Why do most performance management systems fail to actually improve performance? PDRI s research has shown that effective performance management is not
More informationFire is Catching: Employee Engagement & Selecting Talent
Studer Group Presentation to Alabama Primary Health Care Association Fire is Catching: Employee Engagement & Selecting Talent Debbie Ritchie, Chief Operating Officer Slide 1 Your Mission APHCA's mission
More informationDeveloping a Results-Driven Onboarding and Mentoring Process for Physicians
Developing a Results-Driven Onboarding and Mentoring Process for Physicians Speakers C. Edward Brown, F.A.C.H.E. Chief Executive Officer The Iowa Clinic Jamie Carlson Chief Human Resources Officer The
More informationThe Total Value of Ownership of Spend Management Systems
The Total Value of Ownership of Spend Management Systems IVALUA Tendances Achats n 1 "Total Value of Ownership des SI Achats" Your Spend Solution TM Trending in Procurement - Ivalua Inc Copyright - 2013
More informationUnleashing the Power of Women
Unleashing the Power of Women HOW TO LEVERAGE THEIR UNIQUE STRENGTHS Jack Zenger, CEO Zenger Folkman Urgent Need For Leadership 60% of companies facing leadership shortages that impede their performance
More informationUPS UPS Case Abstract
1 1 UPS Case Abstract For 17 straight years, UPS has been Fortune Magazine s most admired transportation company. Yet many of their frontline workers didn t understand and had no stake in the company s
More informationVisionary Leadership. Systems Perspective. Student-Centered Excellence
Core Values and Concepts These beliefs and behaviors are embedded in high-performing organizations. They are the foundation for integrating key performance and operational requirements within a results-oriented
More informationENTERPRISERISK WHY YOU NEED RISK COMMITTEE. 18 April 2014 The RMA Journal Copyright 2014 by RMA
ENTERPRISERISK WHY YOU NEED A RISK COMMITTEE 18 April 2014 The RMA Journal Copyright 2014 by RMA With schedules already crammed with committee meetings, it s tempting to reject the idea of forming yet
More informationExecutive Compensation
Governance 50 Highlights Revised Corporate Governance Principles to provide that the Board will annually elect a Chairman of the Board, who may or may not be the CEO. Updated Lead Independent Director
More informationTEN. The TOP. Managed IT Services. reasons for. AMA Networks presents the.
AMA Networks presents the The TOP TEN reasons for Managed IT Services AMA Networks, based in San Diego, has been helping small and medium sized businesses to manage their IT since 2008. The goal of our
More informationMarch Year Strategic Plan
gic rate r St Yea 10Plan March 2017 Our Water Future A Letter from the President/CEO El Paso Water has made history with our water resource innovations, leading the way decades ago in water reclamation,
More informationLeadership Agility Profile: 360 Assessment. Prepared for J. SAMPLE DATE
Prepared for J. SAMPLE About this Report Introduction LEADERSHIP that special quality that enables leaders to achieve extraordinary success. In today's uncertain world the need for leadership is at an
More informationCode of Conduct. (Effective as of March 1, 2012)
Code of Conduct (Effective as of March 1, 2012) March 2012 To Board Members and all Employees: Everyone at Elements Behavioral Health, Inc. and its subsidiaries, including Promises Treatment Centers; The
More informationAnnual Administrative Leadership and Unit Review (2013/14)
1 Annual Administrative Leadership and Unit Review (2013/14) is the ongoing, systematic assessment of our programs and services. Many levels of assessment provide information upon which decisions can be
More informationDuke University Health System gets smarter for its patients
Duke University Health System gets smarter for its patients Smart is Delivering more personalized care, stimulating a deeper level of patient engagement in healthcare management The instinct to innovate
More informationSarbanes-Oxley Act of 2002 Can private businesses benefit from it?
Sarbanes-Oxley Act of 2002 Can private businesses benefit from it? As used in this document, Deloitte means Deloitte Tax LLP, which provides tax services; Deloitte & Touche LLP, which provides assurance
More informationP.O. Box 12135, Costa Mesa, CA Phone: Fax:
P.O. Box 12135, Costa Mesa, CA 92627 Phone: 800.553.8814 Fax: 877.577.5677 Dear Buzz Bite Vending Distributor, September 26, 2008 Vroom Foods, Inc. has always operated with a simple business strategy based
More information