Deming Institute

JUNE 1, 2015

Louis Altazan, President of AGCO Automotive Corporation discusses the success AGCO has had applying Deming’s management system to their service organization (car repair). There are prices and times set for various tasks and employees make more by doing work that bills more and by doing work more quickly. Listen to the podcast.

Deming 28

Deming Health Care Company Management 28

Harvard Business Review

NOVEMBER 8, 2017

The health care system in the United States, with its technological prowess and massive infrastructure, often serves as a reference point for rapidly developing economies around the world while they build their own medical systems. One major reason for the rapid cost inflation in health care is burgeoning hospital construction.

Health Care 8

Health Care Tourism Pharmaceuticals Cost 8

Harvard Business Review

SEPTEMBER 23, 2013

While the growth of health care costs has slowed over the past few years, lowering costs over the long term will depend on improving health care labor productivity. Reducing the rate at which health care costs grow, and the proportion of U. health system grew by nearly 75%. Over half of the $2.6

Health Care 8

Health Care Supply Chain Cost Compliance 8

Harvard Business Review

JUNE 13, 2017

But in health care, few things work as expected. One big reason why is that hospitals purchase technologies without requiring that they communicate with each other. Health care’s safety and quality challenges are exacerbated by its procurement problem. Health care is woefully underengineered.

Technology 8

Technology Health Care Wireless System 8

Harvard Business Review

JUNE 14, 2017

The Leading Edge of Health Care. Information that would once have been proprietary — and premium-priced — is now widely available, for free. They address an underlying stakeholder need such as managing the total cost of care. Insight Center. Sponsored by Optum. What’s a data provider to do?

Health Care 8

Health Care Levitt Competitive Advantage Pharmaceuticals 8

Harvard Business Review

JUNE 30, 2015

Something similar is just starting to happen in health care. health-care industry in action, one billing claim or specialist referral at a time. This data-driven product management has been part of the direct-to-consumer world for some time — think Amazon and Google. Take my company, athenahealth.

Health Care 8

Health Care Benchmarking Short-term Gordon 8

Harvard Business Review

NOVEMBER 10, 2016

They’ll walk you through where to put the square footage and what kind of photos entice the most interest, and they use predictive modeling to show you the best and worst days of the year to get a booking at a particular price. Innovating for Value in Health Care. Insight Center. Sponsored by Medtronic.

Health Care 8

Health Care Power Hotels Transportation 8

Harvard Business Review

DECEMBER 24, 2013

The result, I think, is a set of ideas that together are important, useful, and original, and that feel like quite an accurate account of the management concerns many of us shared in 2013. The Strategy That Will Fix Health Care. The right kind of project management — and project manager — really matters.

Management 17

Management Health Care Middle Management Agility 17

Harvard Business Review

JUNE 4, 2015

Technology to the rescue? One of the promising areas supported by technology is at the intersection of the internet and online technologies with the physical world: the “internet of things” (IoT). The technologies and trends shaping tomorrow’s businesses. Insight Center. The Future of Operations.

Technology 8

Technology Offshoring Marketing Health Care 8

Harvard Business Review

FEBRUARY 7, 2017

health care, one thing hasn’t changed: Patients, clinicians, health plans, payers, and policy makers are still striving to achieve better outcomes at lower costs. Redesigning their care is a major way we can improve lives and sustainably reduce overall health care costs.

Cost 8

Cost Health Care Transportation Technology 8

Harvard Business Review

MARCH 1, 2018

health care landscape. This trend has important ramifications for the out-of-pocket prices (e.g., The first cell-based gene therapy approved in the United States, it has been priced at $475,000 for a course of treatment. Health Care’s New Frontier. population. Insight Center. Sponsored by Optum.

Cost 8

Cost Insurance Incentives Policies 8

Harvard Business Review

MARCH 29, 2018

Nearly 800 digital health startups were funded in 2017, an all-time high. health care system. We have identified how hospitals’ budgeting systems have erected three distinct barriers to the adoption of technology. Health Care’s New Frontier. Gillian Blease/Getty Images. Insight Center.

Budgeting 8

Budgeting System Innovation Payback Period 8

Harvard Business Review

APRIL 11, 2017

Where and When the Technology Might Be Deployed. By contrast, driverless vehicle adoption depends on overcoming three factors: infrastructure maturity, technology readiness, and regulation. What will happen to demand, pricing, and usage patterns over that horizon? How will road pricing models need to change? Health care.

Automotive 8

Automotive Transportation Health Care Maturity 8

Harvard Business Review

SEPTEMBER 5, 2016

” Health care. Cigna is the first insurance company to get pharmaceutical companies to agree to value pricing based on results for certain cholesterol-lowering drugs. And the Health Care Transformation Task Force , a newly formed coalition of private insurers and provider organizations in the U.S.,

Incentives 8

Incentives Health Care Education Insurance 8

Harvard Business Review

JUNE 19, 2017

Yet prenatal care in the United States has evolved into a complex regimen of 12 to 14 appointments over the course of a 40-week period, often only to confirm that the expectant mother and her fetus are healthy. The Leading Edge of Health Care. Insight Center. Sponsored by Optum. Home-monitoring equipment.

Mayo 8

Mayo Health Care Information Innovation 8

Harvard Business Review

NOVEMBER 18, 2013

Historically, larger scale has offered hospital systems a number of advantages, including increased referral volumes, better access to capital, stronger pricing power, and classic cost economies. Many hospitals system executives underestimate the cost of both pursuing an acquisition and managing the post-merger integration.).

Health Care 8

Health Care System Cost Price 8

Harvard Business Review

JANUARY 31, 2018

The basic fact is that technology eliminates jobs, not work. — National Commission on Technology, Automation and Economic Progress, Technology and the American Economy, Volume 1, February 1966, pg. While technology and globalization have spurred competition, efficiency, and dynamism, the gains have not been shared by all.

Policies 8

Policies Aggregate Demand Technology Education 8

Harvard Business Review

APRIL 18, 2017

Already, evidence suggests that early AI pilots are unlikely to produce the dramatic results that technology enthusiasts predict. Recent research from McKinsey Global Institute found that 45% of work activities could potentially be automated by today’s technologies, and 80% of that is enabled by machine learning. Related Video.

Insurance 9

Insurance Video Project Long-term 9

Harvard Business Review

DECEMBER 15, 2015

Marketplaces allow people to do apples-to-apples comparisons of health insurance products and prices through an online portal. California’s model is perhaps the most influential: It has affected prices and choice in the market by standardizing plans and aggressively negotiating insurance rates. Technological challenges.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

Harvard Business Review

DECEMBER 19, 2016

health care system shift from fee for service to value-based approaches that pay providers for quality, they are turning to two models: One is procedure- and DRG-based bundled payments that pay one price for all the care related to treating a condition. Innovating for Value in Health Care. Insight Center.

Benchmarking 8

Benchmarking Health Care Cost Globalization 8

Harvard Business Review

FEBRUARY 27, 2017

This narrative has rested on three propositions: that globalization is a major driver of growth and prosperity; that technological progress enriches our lives; and that shareholder returns reflect businesses’ contributions to societal progress. The same goes for technology.

Globalization 8

Globalization Supply Chain Human Capital Long-term 8

Harvard Business Review

OCTOBER 19, 2016

I’m teaching a new course this semester on cognitive technologies (AKA artificial intelligence) to Babson MBAs. Many of them are new to this set of technologies, and seeing the topic through my students’ eyes has made me realize how overwhelming it can be. Insight Center. The Automation Age. Sponsored by KPMG.

Organization 8

Organization Software CRM Technology 8

Harvard Business Review

JUNE 8, 2015

Pharmaceutical companies, buffeted by regulatory changes, new drug technologies that alter entry barriers and competition, price pressures, and an estimated 300,000 job cuts since 2000, seem to fit the popular narrative of large organizations unable to deal with disruptive forces.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

JUNE 26, 2012

It's no news to confirm that technology companies — such as Amazon, Apple, Cisco, Dell, HP, Google, Intel, Microsoft, and Oracle — have boards awash in digital expertise. Companies in technology, media, and communications, for example, which have not attracted such talent, are paying the price.

Retail 14

Retail CEO Health Care Middle Management 14

Harvard Business Review

MARCH 8, 2011

Shrinking revenues, customers who pirate (and actively distribute) products, dizzying technology change, new competitors, defecting advertisers, plummeting discretionary consumer spending — almost everything that could go wrong for music, magazine publishing, radio, newspapers, and broadcast television has gone wrong in the last fifteen years.

Media 13

Media Industry Trends Health Care 13

Harvard Business Review

MAY 30, 2014

For over 50 years, Wal-Mart has pursued essentially the same strategy of “offering the lowest price so its customer can live better.” Digital technology overwhelmed Kodak’s once-formidable business in photography. And, yes indeed, such models will demand a set of capabilities now alien to most care providers. Or consider U.S.

Company 8

Company Supply Chain Airlines Health Care 8

Harvard Business Review

JUNE 12, 2018

More commonly, we think of disruptive competition as the rise of a technology or business model that upends the existing order in an industry. Incumbents may also strike deals to cope with disruption, as when today’s automotive companies invest in car-sharing services and autonomous vehicle technology. competitors.

Company 8

Company Supply Chain Cooper Airlines 8

Harvard Business Review

NOVEMBER 9, 2012

It was called "Equal Opportunity for Women Is Smart Business" but it might just as easily have been called "Management Development for Women Is Just Management Development (but with women in it)." So many of the elements," she pointed out herself, "are simply good management procedures. What Your Stock Price Really Means.

Restructuring 8

Restructuring Disruptive Innovation Health Care Efficiency 8

Harvard Business Review

JULY 18, 2012

These people are the information economy's mom and pop business owners , just more technologically leveraged and profitable than their brick & mortar predecessors. Combine a lone technical genius with a mesmerizing sales guy and you had the DNA for a billion dollar technology company. The formula worked. But times change.

Venture Capitalist 16

Venture Capitalist Software Entrepreneur Engineering 16

Harvard Business Review

JULY 18, 2012

These people are the information economy's mom and pop business owners , just more technologically leveraged and profitable than their brick & mortar predecessors. Combine a lone technical genius with a mesmerizing sales guy and you had the DNA for a billion dollar technology company. The formula worked. But times change.

Venture Capitalist 16

Venture Capitalist Software Entrepreneur Engineering 16

Harvard Business Review

AUGUST 6, 2013

Correlation is not causation, but there seems to be a close correlation between the growth of Netflix''s stock price and the rise in the number of API calls it gets. One exception to this pattern is athenahealth, a Boston-based software-as-a-service health records system company that is trying to engender a health information ecosystem.

Strategy 8

Strategy Information Technology Information Health Care 8

Harvard Business Review

APRIL 5, 2017

However, firms can efficiently increase margin growth without much revenue growth by managing to squeeze out their fixed costs to service the same level of output. Many compensation plans reward managers for higher earnings and higher stock prices, as opposed to rewarding them for adding long-term value to the firm.

EPS 8

EPS Metrics Depreciation Short-term 8

Harvard Business Review

DECEMBER 23, 2015

If the health care industry followed suit, the impact on the quality and cost of care, the patient’s experience, and innovation could be enormous. The impact of open, standardized APIs in health care would be even more significant. Leading Change in Health Care. Insight Center.

Health Care 8

Health Care Incentives Technology System 8

Harvard Business Review

JUNE 18, 2013

The public and private sectors need to work together to protect critical assets with confidence and trust — helping manage the risks we know, and getting ahead of those we don''t. Critical industry sectors from energy and banking to transportation and health care answer to different government agencies or regulators.

Cooper 8

Cooper CIO Risk Management Telecommunications 8

Harvard Business Review

OCTOBER 10, 2017

Americans are both undertreated and overtreated in a health care system that wastes up to $1 trillion a year and delivers profoundly uneven quality: Current estimates indicate that preventable medical errors are the third leading cause of death in the United States. Information technology has come late to health care delivery.

Health Care 8

Health Care Innovation Creativity Guidelines 8

Harvard Business Review

MARCH 12, 2012

Deere & Company developed a small tractor, the 35-horsepower Krish, built and priced specifically for the India market, competing head on with the Indian market leader, Mahindra & Mahindra. Buyers in poor countries demand solutions on an entirely different price-performance curve. and which they now sell in Europe and the U.S.

Glocalization 11

Glocalization Mass Marketing P&L Globalization 11

Harvard Business Review

MAY 5, 2016

There are some exemptions for humanitarian-designated sectors, such as agriculture, food products, health care, and civil aviation.). However, oil prices have dropped more than 60% since the interim nuclear deal in November 2013. companies can’t do business there. This dynamic will persist in the foreseeable future.

Tourism 8

Tourism Banking Due Diligence Hotels 8