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Master the PRIMES

Leading Blog

Fixing involves corporate improvement programs like Activity Based Costing, Six Sigma and others.”These The Primes will show you where you can grow as a leader. * * * Like us on Facebook for additional leadership and personal development ideas. * * *. What kind of problem are you trying to solve?

Six Sigma 279
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A Closed-Loop Strategy Execution System

Six Disciplines

By management system, they're referring to the integrated set of processes and tools that a company uses to develop its strategy, translate it into operational actions, and monitor and improve the effectiveness of both. Plan Operations: improve key processes; develop sales plan; plan resource capacity; prepare budgets. Discipline I.

System 98
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A Closed-Loop Strategy Execution System

Six Disciplines

By management system, they're referring to the integrated set of processes and tools that a company uses to develop its strategy, translate it into operational actions, and monitor and improve the effectiveness of both. Plan Operations: improve key processes; develop sales plan; plan resource capacity; prepare budgets. Discipline I.

System 85
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The Transformed Map of a Recovering Management Accountant

Deming Institute

We call this approach Professional Management, and have developed a system to implement it influenced by Dr. W. Manage a Living System, Not a Ledger” ), Johnson explains that better cost information, such as activity-based costing (ABC) , will not provide a long-term method of reducing manufacturing costs.

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Don't Anesthetize Your Colleagues with Bad Writing

Harvard Business Review

But if you develop a strong habit of using active voice, you'll largely prevent convoluted, backward-sounding sentences in your writing. It may be convenient to refer to COGS instead of spelling out "cost of goods sold." Don't write "The closing documents were prepared by Sue"; instead, write "Sue prepared the closing documents."

VBM 9
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How Hospitals Are Using Patient-Reported Outcomes to Improve Care

Harvard Business Review

Dr. Niazi’s team has used Time-Driven Activity-Based Costing to prove that this program is cost effective, and is currently collecting data to assess its impact on patient outcomes. Several features of the program have already been expanded to other providers at Mayo.

Report 8
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Health Care Providers Need a Value Management Office

Harvard Business Review

ICCI serves as a center of excellence for measuring the outcomes that are most important for patients, significant for clinicians, and suitable for value-based reimbursement contracts. The Value Management Office promoted the development of shorter and more usable measuring instruments for collecting outcomes data by HSS researchers.